Statutes > Kentucky Statutes > CHAPTER 161 SCHOOL EMPLOYEES -- TEACHERS' RETIREMENT AND TENURE > 161.714 Inviolable contract -- Exception.

161.714 Inviolable contract -- Exception.

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161.714 Inviolable contract -- Exception. It is hereby declared that in consideration of the contributions by members and in further <br>consideration of benefits received by the state from the member's employment, KRS <br>161.220 to 161.710 shall constitute, except as provided in KRS 6.696, an inviolable <br>contract of the Commonwealth, and the benefits provided herein shall, except as provided <br>in KRS 6.696, not be subject to reduction or impairment by alteration, amendment, or <br>repeal. Effective: September 16, 1993 <br>History: Amended 1993 (1st Extra. Sess.) Ky. Acts ch. 4, sec. 82, effective September 16, 1993. -- Amended 1992 Ky. Acts ch. 192, sec. 17, effective July 1, 1992. -- <br>Repealed and reenacted 1990 Ky. Acts ch. 476, Pt. V, sec. 545, effective July 13, <br>1990. -- Created 1978 Ky. Acts ch. 152, sec. 20, effective March 28, 1978.