61.545 Service credit determination -- Division of service credit.

327 words·~1 min read·/ky/chapter-61/61-545

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(1)The Authority shall determine by appropriate administrative regulations how much

service in any year is the equivalent of a year of service credit and how much

service in any calendar month is the equivalent of a month of service credit. It shall

not allow credit for more than one

(1)year of service for all service rendered in any

period of twelve

(12)consecutive months except as provided in KRS 61.546 in the

case of the Kentucky Retirement Systems or KRS 78.616 in the case of the County

Employees Retirement System.

(a)If an employee participates in more than one

(1)of the retirement systems

administered by the Kentucky Retirement Systems and County Employees

Retirement System, the employee's service credit shall be divided between

each system determined by dividing the employee's creditable compensation

in each system by the employee's total creditable compensation in all systems.

(b)1. If an employee earns creditable compensation in both a hazardous

position, as defined by KRS 61.592 or 78.5520, and a nonhazardous

position, the employee's service credit shall be divided between the

employee's hazardous and nonhazardous positions determined by

dividing the employee's creditable compensation in the hazardous and

nonhazardous positions by the employee's combined hazardous and

nonhazardous creditable compensation, except as provided by

subparagraph 2. of this paragraph.

2. If an employee is participating in a hazardous position, as defined by

KRS 61.592, that meets the definition of a regular full-time position

under KRS 61.510(21) or 78.510(21) based solely upon his or her

service in a hazardous position, and is simultaneously employed in a

nonhazardous position with a different participating employer that

would not be considered a regular full-time position based solely upon

his or her service in the nonhazardous position, the employee may make

a one

(1)time irrevocable election within thirty

(30)days of

employment in the nonhazardous position to not participate in the

system for his or her employment in the nonhazardous position with that

employer.