2013 Kentucky Revised Statutes CHAPTER 61 - GENERAL PROVISIONS AS TO OFFICES AND OFFICERS -- SOCIAL SECURITY FOR PUBLIC EMPLOYEES -- EMPLOYEES RETIREMENT SYSTEM 61.543 Deduction or pick-up of employee contributions -- Service credit -- Educational leave.
Download as PDF
61.543 Deduction or pick-up of employee contributions -- Service credit -Educational leave.
(1)
(2)
(3)
(4)
(5)
Employee contributions shall be deducted each payroll period from the
creditable compensation of each employee of an agency participating in the
retirement system while he is classified as regular full-time as defined in KRS
61.510 unless the employee did not elect to become a member as provided by
subsection (2) of KRS 61.525, or unless the employee did not elect
membership pursuant to KRS 61.545(3). After August 1, 1982, employee
contributions shall be picked up by the employer pursuant to KRS 61.560(4).
Service credit will be allowed for each month the contributions are deducted or
picked up during a fiscal or calendar year, if the member receives creditable
compensation for an average of one hundred (100) hours or more of work per
month. If the average number of hours of work is less than one hundred (100)
per month, the member shall be allowed credit only for those months he
receives creditable compensation for one hundred (100) hours of work.
Employee contributions shall not be deducted from the creditable
compensation of an employee or picked up by the employer while he is
seasonal, emergency, temporary, or part-time. No service credit will be earned.
Contributions shall not be made or picked up by the employer and no service
credit will be earned by a member while on leave except:
(a) A member on military leave shall be entitled to service credit in
accordance with KRS 61.555;
(b) A member on educational leave, approved by the Personnel Cabinet,
who is receiving seventy-five percent (75%) or more of full salary, shall
receive service credit and shall pay employee contributions, or the
contributions shall be picked up in accordance with KRS 61.560 and his
employer shall pay employer contributions in accordance with KRS
61.565. If a tuition agreement is broken by the member, the member and
employer contributions paid or picked up during the period of educational
leave shall be refunded; and
(c) An employee on educational leave, approved by the appointing authority,
not to exceed one (1) year, or with additional approval of one (1)
additional year, and not to exceed two (2) years within a five (5) year
period, who is receiving a salary of less than seventy-five percent (75%)
of full salary, may elect to retain membership in the system during the
period of leave. If the employee elects to retain membership in the
system, he shall receive service credit by having employee contributions
picked up in accordance with KRS 61.560. His employer shall pay
employer contributions in accordance with KRS 61.565. If a tuition
agreement is broken by the member, the employee and employer
contributions paid or picked up during the period of educational leave
shall be refunded to the contributor and no service credit shall be earned
for the period of leave.
The retirement office, upon detection, shall refund any erroneous employer and
employee contributions made to the retirement system and any interest
credited in accordance with KRS 61.575.
Notwithstanding the provisions of this section and KRS 61.560, employees
engaged pursuant to KRS 148.026 and 56.491 in a regular full-time position as
defined in KRS 61.510(21) prior to January 1, 1993, shall be allowed service
credit for each month the employee received creditable compensation for an
average of one hundred (100) or more hours of work, if the employee pays to
the retirement system the contributions that would have been deducted for the
period of employment. The contributions shall be credited to the member's
account and shall not be picked up pursuant to KRS 61.560(4). The employer
contributions for the period, plus interest calculated at the actuarial rate, shall
be due within thirty (30) days of notice of receipt of payment from the
employee.
Effective:July 1, 2013
History: Amended 2013 Ky. Acts ch. 120, sec. 47, effective July 1, 2013. -Amended 1998 Ky. Acts ch. 154, sec. 66, effective July 15, 1998. -- Amended
1994 Ky. Acts ch. 485, sec. 10, effective July 15, 1994. Amended 1992 Ky.
Acts ch. 240, sec. 18, effective July 14, 1992. -- Amended 1990 Ky. Acts
ch. 222, sec. 3, effective July 13, 1990. -- Amended 1986 Ky. Acts ch. 490,
sec. 1, effective July 15, 1986. -- Amended 1982 Ky. Acts ch. 166, secs. 7 and
17, effective July 15, 1982. -- Amended 1978 Ky. Acts ch. 311, sec. 12, effective
June 17, 1978. -- Amended 1976 Ky. Acts ch. 321, sec. 15. -- Created 1972 Ky.
Acts ch. 116, sec. 29.
Legislative Research Commission Note. Although this section was included in
Acts 1978, Chapter 311, 12 as having been amended, there appeared to have
been no change in the section.
Disclaimer: These codes may not be the most recent version. Kentucky may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.