Kentucky Statutes 161.663 – Disability retirement with less than required years of service
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Any active contributing member with less than five (5) years of Kentucky service may apply and be approved for disability retirement under KRS § 161.661 if the member is found to be mentally or physically incapacitated as a result of an injury related directly to their covered employment. All conditions and restrictions specified under KRS § 161.661 shall be applicable, except that the initial annual disability allowance shall be equal to fifty percent (50%) of the member’s current annual contract salary and the member’s last annual contract salary shall be used in lieu of the final average salary in the recalculation of the member’s benefit at the expiration of the eligibility period.
Effective: July 13, 1990
History: Repealed and reenacted 1990 Ky. Acts ch. 476, Pt. V, sec. 537, effective July
13, 1990. — Created 1988 Ky. Acts ch. 363, sec. 18, effective July 1, 1988.
Effective: July 13, 1990
Terms Used In Kentucky Statutes 161.663
- Contract: A legal written agreement that becomes binding when signed.
History: Repealed and reenacted 1990 Ky. Acts ch. 476, Pt. V, sec. 537, effective July
13, 1990. — Created 1988 Ky. Acts ch. 363, sec. 18, effective July 1, 1988.