Learn More
Log In
Sign Up
Ky. Rev. Stat. Ann. ch. 21 – Judicial Retirement | Midpage
Collections
Kentucky Revised Statutes
IV
Chapter 21
Ky. Rev. Stat. Ann. ch. 21
Judicial Retirement
Commonwealth of Kentucky
21.345
Definitions.
21.347
Judicial Retirement Plan -- Judicial retirement fund -- Established.
21.350
Establishment of system membership.
21.357
Summary plan description -- Publication -- Recipients.
21.360
Election to participate -- Delayed election.
21.370
Term of service to qualify if member began participating before January 1, 2014 -- Transfer of service credit to Judicial Retirement Plan -- Purchase of service credit for service as police judge and for military service -- Special provisions for active members.
21.372
Limitations and exclusions on increases in final compensation for members retiring on or after January 1, 2018 -- Exception for bona fide promotion or career development -- Exclusion -- Determination by board -- Administrative regulations -- Inapplicability to hybrid cash balance plan participants.
21.374
Election by member participating in the Legislators' Retirement Plan or the Judicial Retirement Plan on or after September 1, 2008, but before January 1, 2014 -- Participation in hybrid cash balance plan -- Private letter ruling -- Administrative regulations.
21.375
Vesting through combined service credit.
21.380
Normal retirement age.
21.385
Payment of benefits while continuing in service -- Options for member who began participating before January 1, 2014 -- Multiple retirements by one person.
21.400
Computation of retirement allowance for member who began participating before January 1, 2014 -- Benefit reduction for early retirement.
21.402
Hybrid cash balance plan for certain members of Legislators' Retirement Plan and Judicial Retirement Plan -- Member contributions and employer pay credits -- Interest credits -- Termination of employment -- Options upon retirement -- Individual members' accounts established by board of Judicial Form Retirement System.
21.405
Increase of retirement benefits.
21.410
Disability retirement -- Computation.
21.415
Disability retirement benefits.
21.420
Death benefits for members -- Designation of beneficiary to receive accumulated contributions or accumulated account balance. (Effective until July 15, 2026)
21.425
Benefits to surviving or disabled children of members who began participating before January 1, 2014 -- Designation of beneficiaries. (Effective until July 15, 2026)
21.427
Health insurance and benefits for recipients -- Premium reimbursement plan -- Coordination with all state-administered retirement systems or plans.
21.440
Duties of investment committee -- Duties of board -- Actuarial valuations, investigations, and analyses -- Audit.
21.450
Funding of benefits -- Trustee -- Duties of board members, investment manager or other fiduciary, or proxy advisor -- Accrual of benefits -- Standards of conduct.
21.460
Refund of contributions or account balance for members who began participating before January 1, 2014 -- Purchase of service credit -- Interest on deferred refunds -- Repayment.
21.470
Exemption from taxation, execution -- Taxability after December 31, 1997.
21.480
KRS 21.350 to 21.510 creates vested interest for members who began participating before January 1, 2014 -- Exception -- Amendment of benefits and rights.
21.510
Appropriation -- Transfer of funds to judicial retirement fund.
21.525
Contributions by state -- Normal cost and actuarially accrued liability contributions -- Employer costs for hybrid cash balance plan.
21.530
Coordination of Legislators' Retirement and Judicial Retirement Plans -- Board.
21.540
Duties of board of trustees -- Qualified domestic relations orders -- Intent to conform with federal law -- Availability of information on website -- Conflicts of interest -- Prohibition against fees for unregulated placement agents -- Investment procurement policy -- Release of certain information from accounts of current or former legislators -- Proxy voting guidelines.
21.550
Investments, judicial retirement fund.
21.560
Investments -- Legislative retirement fund.
21.565
Administration and assets of plan created under KRS 21.567.
21.567
Kentucky Judicial Retirement Plan excess benefit plan -- Excess benefit fund.
21.570
Nonseverability of provisions.