61.450 Contributions by state employees.

181 words·~1 min read·/ky/chapter-61/61-450

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(1)Every employee of the state whose services are covered by an agreement entered

into under KRS 61.430 shall be required to pay for the period of coverage, into the

contribution fund established by KRS 61.470, contributions, with respect to wages

received for each calendar year at the rate established by the Federal Insurance

Contributions Act, as amended, and the Social Security Act, as amended. Such

liability shall arise in consideration of the employee's retention in the service of the

state, or his entry upon such service after March 14, 1951.

(2)The contribution imposed by this section shall be collected by deducting the amount

of the contribution from wages as and when paid, but failure to make such

deduction shall not relieve the employee from liability for such contribution.

(3)If more or less than the correct amount of the contribution imposed by this section is

paid or deducted with respect to any wages, proper adjustment, or refund if

adjustment is impracticable, shall be made, without interest, in such manner and at

such times as the state agency shall prescribe.