78.545 Matters administered for County Employees Retirement System in
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/ky/78-545A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
same manner as for Kentucky Employees Retirement System --
References to Kentucky Retirement Systems to include County
Employees Retirement System. The following matters shall be administered for the County Employees Retirement System in the same manner subject to the same limitations and requirements as provided for the Kentucky Employees Retirement System as follows:
(1)Statement of member and employer, as provided for by KRS 61.540;
(2)Beneficiary to be designated by member, change, rights, as provided for by
KRS 61.542;
(3)Service credit determination, as provided for by KRS 61.545;
(4)Retirement application procedure, effective retirement date, as provided for by
KRS 61.590;
(5)Refund of contributions, conditions, as provided for by KRS 61.625;
(6)Refund of contributions, death after retirement, as provided for by KRS 61.630;
(7)Recontribution and delayed contribution payments, purchase of service credit,
interest, and installment payments, as provided for by KRS 61.552;
(8)Optional retirement plans, as provided for by KRS 61.635;
(9)Board of trustees, conflict of interest, as provided for by KRS 61.655;
(10)Custodian of funds, payments made, when, as provided for by KRS 61.660;
(11)Medical examiners and hearing procedures, as provided for by KRS 61.665;
(12)Correction of errors in records, as provided for by KRS 61.685;
(13)Exemptions of retirement allowances, and qualified domestic relations orders,
as provided for by KRS 61.690;
(14)Credit for service prior to membership date, as provided for by KRS 61.526;
(15)Members' account, confidential, as provided for by KRS 61.661;
(16)Consent of employees to deductions and reciprocal arrangement between
systems, as provided for by KRS 61.680;
(17)Reinstated employee, contributions on creditable compensation, as provided
for by KRS 61.569;
(18)Statement to be made under oath, good faith reliance, as provided for in KRS
61.699;
(19)Direct deposit of recipient's retirement allowance as provided for in KRS
61.623;
(20)Death or disability from a duty-related injury as provided in KRS 61.621;
(21)Payment of small accounts upon death of member, retiree, or recipient without
formal administration of the estate as provided in KRS 61.703;
(22)Employer payment of increases in creditable compensation and adjustments to
creditable compensation during the last five
(5)years of employment as
provided by KRS 61.598;
(23)Calculation of retirement allowance, as provided by KRS 61.599; and
(24)Benefit election for members of the Kentucky Retirement Systems as provided
by KRS 61.5955. Effective April 1, 2021, as it relates to KRS 61.590, 61.598, 61.655, 61.665, and 61.703, references to "Kentucky Retirement Systems" or "systems administered by Kentucky Retirement Systems" as it relates to benefit eligibility shall include the County Employees Retirement System and references to "Kentucky Retirement Systems" or the "Kentucky Retirement Systems board of trustees" as it relates to administrative decisions, duties, requirements, or conflict of interest provisions shall for purposes of the County Employees Retirement System mean the County Employees Retirement System or County Employees Retirement System board of trustees, as applicable.