40.050 Computation of bonus.
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40.050 Computation of bonus.
(1) Every person determined by the administrator to be a qualified veteran shall be paid
the sum of nine dollars ($9) for each month and major fraction of a month of active <br>duty, in the Armed Forces in the continental United States, not to exceed in all the <br>sum of three hundred dollars ($300), and the sum of fifteen dollars ($15) for each <br>month and major fraction of a month of such service outside the continental United <br>States, subject to an aggregate limit for all service in the sum of five hundred dollars <br>($500). A veteran who served in one or more of the conflict periods defined in <br>subsections (15), (16), (17), and (18) of KRS 40.010 shall be limited to a maximum <br>payment of three hundred dollars ($300) if no part of his total service during the <br>periods specified was served outside the continental United States, or five hundred <br>dollars ($500) if a part of his total service during the periods specified was served <br>outside the continental United States.
(2) If a person determined to have been a qualified veteran shall be deceased at the time
payment of the veterans' bonus would otherwise be made to him, the amount of his <br>bonus shall be paid to the first surviving beneficiary, if any, according to the order <br>of priority defined in subsection (8) of KRS 40.010 and if there be no surviving <br>beneficiary, the bonus of such veteran shall lapse, and no payment thereof shall be <br>made.
(3) A beneficiary (as defined in subsections (8), (9), (10), (11), and (12) of KRS
40.010) of a person killed in the line of duty while on active duty in the Armed <br>Forces during the periods defined in subsections (15), (16), (17), and (18) of KRS <br>40.010 or person who died of service-connected injury sustained while on active <br>duty in the Armed Forces during the conflict periods defined above shall be paid <br>three hundred dollars ($300) if no part of his total service during these periods was <br>served outside the continental United States or five hundred dollars ($500) if any <br>part of his total service during these periods was served outside the continental <br>United States. The provisions of subsection (1) and the minimum period of service <br>for entitlement to a bonus as established by subsection (2) of KRS 40.010 shall not <br>apply to these beneficiaries. However, this exception does not waive the respective <br>maximums of three hundred dollars ($300) or five hundred dollars ($500) for each <br>veteran, person killed in the line of duty while on active duty in the Armed Forces, <br>or person who died as a result of service-connected injury sustained while on active <br>duty in the Armed Forces.
Effective: February 20, 1960 <br>History: Created 1960 Ky. Acts ch. 15, sec. 5, effective February 20, 1960.
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