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Code · Kentucky · Chapter 161 — School employees -- teachers' retirement and tenure

161.530 Restoration of forfeited account -- Exception.

69 words·~1 min read·/ky/chapter-161/161-530

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Except as provided in KRS 6.696, if a member, whose account has been forfeited under previous provisions of this section, shall return to teaching in a covered position in Kentucky, and reinstates the lost service credit as provided in KRS 161.470(3), the funds transferred from the member's account shall be restored to his account, without interest, and shall be credited against the payment required for reinstatement of service credit.
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