161.507 Prior service credit for veterans -- Credit for military service and
856 words·~4 min read·
/ky/161-507A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
uniformed service by active contributing member.
(1)An active contributing member of the Teachers' Retirement System may receive
service credit for active service rendered in the uniformed services of the Armed
Forces of the United States, including the commissioned corps of the Public Health
Service, subject to the provisions of the Uniformed Services Employment and
Reemployment Rights Act of 1994 and the administrative regulations promulgated
by the board of trustees. Military service includes service in the uniformed services
that occurs before the employment of a member in a position covered by the
retirement system or where a member leaves covered employment without giving
advance written or verbal notice of performing duty in the uniformed services.
Service in the uniformed services also includes uniformed service that occurs after
employment in a position covered by the retirement system where the member has
given advance written or verbal notice of performing duty in the uniformed services
and the member returns directly from uniformed services to covered employment.
Military service may be credited only if discharge was honorable or was not
terminated upon the occurrence of any of the events listed in 38 U.S.C. sec. 4304.
Service shall be considered as Kentucky teaching service, except that service may
not be used for meeting the service requirements set forth in KRS 161.600(1)(a) or
(2)or 161.661(1) unless the service occurred after the member gave written or
verbal notice of performing duty in the uniformed services and the member returned
directly from uniformed services to covered employment. A maximum of six
years of military service may be credited, but in no case a greater number of years
than the actual years of contributing service in Kentucky.
(2)No credit shall be granted for military service which has been or will be used in
qualifying for annuity benefit payments from another retirement system financed
wholly or in part by public funds.
(3)A member having twenty
(20)years or more of active duty in the military service,
and who is qualified for regular federal retirement benefits based on this military
service, may not receive credit for any military service in the Teachers' Retirement
System. This subsection shall apply to service presented for credit on July 1, 1975,
and after this date.
(a)A member receiving retirement credit for active duty in the armed services of
the United States prior to employment in a position covered by the retirement
system or where the member leaves covered employment without giving
advance written or verbal notice of performing duty in the uniformed services
shall pay to the retirement system the full actuarial cost of the service credit
purchased as provided under KRS 161.220(22). These contributions shall not
be picked up, as described in KRS 161.540(2). In purchasing retirement credit
for active duty in the armed services, the latest years of service shall be
considered first in allowing credit toward retirement. The board of trustees
shall adopt a table of actuarial factors to be used in calculating the amount of
contribution required for crediting this service.
(b)If military service occurred after the member gave written or verbal notice of
performing duty in the uniformed services and the member returns directly
from uniformed services to covered employment, the member shall contribute
the regular member contribution required by KRS 161.540. The member may
make the payment of delayed contributions in a lump sum payment or in
installments not to exceed five
(5)years beginning with the member's date of
reemployment. Interest at the rate of eight percent (8%) per annum shall be
charged for delayed contributions beginning with the member's date of
reemployment until paid. Members participating in the supplemental benefit
component who make the regular member contribution required by this
paragraph, shall also receive the mandatory employer contributions in the
supplemental benefit component for the period of service purchased.
(5)An active contributing member of the Teachers' Retirement System may receive
service credit for service in the military reserves of the United States or the National
Guard. The member may purchase one
(1)month of service for each six
(6)months
of service in the reserves or the National Guard. Notwithstanding any other statute,
regulation, or policy to the contrary, the system shall provide a member, upon
request, the estimated actuarial cost of the National Guard or military reserves
service purchase based upon the information available at the time of the request.
The member shall be entitled to enter into a contract with the system at the time of
the request to purchase the National Guard or military reserve service by paying to
the system the estimated actuarial cost, either by installments or in lump sum. The
member shall pay the full actuarial cost of this service in the military reserves or the
National Guard as provided in KRS 161.220(22). Service in the military reserves or
the National Guard shall be treated as service earned prior to participation in the
system and shall not be used for meeting the service requirements set forth in KRS
161.600(1)(a) or
(2)or 161.661(1). The payment shall not be picked up by the
employer, as described in KRS 161.540(2).