Statutes > Kentucky Statutes > CHAPTER 161 SCHOOL EMPLOYEES -- TEACHERS' RETIREMENT AND TENURE > 161.548 Purchase of service credit for service at a regional community mental health and mental retardation service program.

161.548 Purchase of service credit for service at a regional community mental health and mental retardation service program.

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Page 1 of 1 161.548 Purchase of service credit for service at a regional community mental health and mental retardation service program. A member of the Teachers' Retirement System who is in an active contributing status <br>with the system, and who was formerly employed in a regional community mental health <br>and mental retardation service program, organized and operated under the provisions of <br>KRS 210.370 to 210.480, which does not participate in a state-administered retirement <br>system, may obtain credit for the period of his service in the regional community mental <br>health and mental retardation program by paying to the Teachers' Retirement System the <br>full actuarial cost of the service credit purchased, as provided in KRS 161.220(22). The <br>service credit purchased may not be used for meeting the service requirements set forth in <br>KRS 161.600(1)(a) or 161.661(1). The payment shall not be picked up, as described in <br>KRS 161.540(2), and the entire payment shall be placed in the teachers' savings fund. Effective: July 1, 2000 <br>History: Amended 2000 Ky. Acts ch. 498, sec. 12, effective July 1, 2000. -- Created 1996 Ky. Acts ch. 346, sec. 2, effective July 15, 1996.