Ky. Rev. Stat. § 21.380

Current through Acts Received April 24, 2024
Section 21.380 - Normal retirement age
(1) The normal retirement date or age of a member shall be his sixty-fifth birthday, except that the normal retirement age for a member who began participating in the Judicial Retirement Plan prior to January 1, 2014, shall be reduced by one (1) year, but no more than five (5) years total, for:
(a) Each five (5) years of service credit in the plan; and
(b) Each year of service credit the member has earned beyond that needed to receive a retirement benefit of one hundred percent (100%) of final compensation.
(2)KRS 21.350 to 21.480 do not require that a member retire at the normal retirement date.

KRS 21.380

Amended by 2013 Ky. Acts ch. 120,§ 22, eff. 7/1/2013.
Effective:7/15/1994
Amended 1994 Ky. Acts ch. 266, sec. 5, effective7/15/1994. -- Amended 1962 Ky. Acts ch. 9, sec. 5 -- Created 1960 Ky. Acts ch. 84, Art. III, sec. 4.