Kentucky Statutes 67A.390 – Membership
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The following persons shall become members of the fund:
(1) All active full-time members of a department in service on the day prior to the date of establishment;
(2) All persons who become full-time members on or after the date of establishment who shall become members as a condition of employment, except that, effective July 1, 2013, any member who retires and receives a retirement annuity from the fund shall not be eligible to participate in the fund following retirement and earn a second retirement annuity from the fund; and
(3) All members of a department who on the date of establishment are working in a civilian or appointive capacity for the government, the Commonwealth of Kentucky, or the United States of America, while on an approved leave of absence from a department.
Effective: March 14, 2013
History: Amended 2013 Ky. Acts ch. 7, sec. 3, effective March 14, 2013. — Amended
1974 Ky. Acts ch. 106, sec. 4, effective July 1, 1974.
(1) All active full-time members of a department in service on the day prior to the date of establishment;
Terms Used In Kentucky Statutes 67A.390
- Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
(2) All persons who become full-time members on or after the date of establishment who shall become members as a condition of employment, except that, effective July 1, 2013, any member who retires and receives a retirement annuity from the fund shall not be eligible to participate in the fund following retirement and earn a second retirement annuity from the fund; and
(3) All members of a department who on the date of establishment are working in a civilian or appointive capacity for the government, the Commonwealth of Kentucky, or the United States of America, while on an approved leave of absence from a department.
Effective: March 14, 2013
History: Amended 2013 Ky. Acts ch. 7, sec. 3, effective March 14, 2013. — Amended
1974 Ky. Acts ch. 106, sec. 4, effective July 1, 1974.