KRS § 161.548 Purchase of service credit by individual who served in a regional community program for mental health and individuals with an intellectual disability.

161.548 Purchase of service credit by individual who served in a regional community program for mental health and individuals with an intellectual disability. A member of the Teachers' Retirement System who is in an active contributing status with the system, and who was formerly employed in a regional community service program for mental health and individuals with an intellectual disability, organized and operated under the provisions of KRS 210.370 to 210.480, which does not participate in a state-administered retirement system, may obtain credit for the period of his or her service in the regional community program for mental health and individuals with an intellectual disability by paying to the Teachers' Retirement System the full actuarial cost of the service credit purchased, as provided in KRS 161.220(22). The service credit purchased may not be used for meeting the service requirements set forth in KRS 161.600(1)(a) or (2) or 161.661(1). The payment shall not be picked up, as described in KRS 161.540(2), and the entire payment shall be placed in the teachers' savings fund. Effective: January 1, 2022 History: Amended 2021 Ky. Acts ch. 157, sec. 25, effective January 1, 2022. -- Amended 2018 Ky. Acts ch. 107, sec. 61, effective July 14, 2018. -- Amended 2012 Ky. Acts ch. 146, sec. 15, effective July 12, 2012. -- Amended 2000 Ky. Acts ch. 498, sec. 12, effective July 1, 2000. -- Created 1996 Ky. Acts ch. 346, sec. 2, effective July 15, 1996. Legislative Research Commission Note (12/13/2018). On December 13, 2018, the Kentucky Supreme Court ruled that the passage of 2018 SB 151 (2018 Ky. Acts ch. 107), did not comply with the three-readings rule of Kentucky Constitution Section 46 and that the legislation is, therefore, constitutionally invalid and declared void. That ruling applies to changes made to this statute in that Act.