Statutes > Kentucky Statutes > CHAPTER 161 SCHOOL EMPLOYEES -- TEACHERS' RETIREMENT AND TENURE > 161.547 Member having service as legislator may purchase 4 years' credit in the retirement system.

161.547 Member having service as legislator may purchase 4 years' credit in the retirement system.

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161.547 Member having service as legislator may purchase 4 years' credit in the retirement system. A member of the retirement system having service as a Kentucky legislator which is not <br>credited by any retirement system administered by the Commonwealth of Kentucky may <br>present such service, not to exceed four (4) years, for credit in the retirement system by <br>paying the full actuarial cost of the service as determined by the system actuary. The <br>member may purchase all or part of his service as a legislator, but no less than one (1) <br>year of service. The entire payment shall be placed in the teachers' saving fund. Effective: July 13, 1990 <br>History: Created 1990 Ky. Acts ch. 480, sec. 5, effective July 13, 1990.