21.380 Normal retirement age.

KY Rev Stat § 21.380 (2019) (N/A)
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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. Effective: July 1, 2013 History: Amended 2013 Ky. Acts ch. 120, sec. 22, effective July 1, 2013. -- Amended 1994 Ky. Acts ch. 266, sec. 5, effective July 15, 1994. -- Amended 1962 Ky. Acts ch. 9, sec. 5 -- Created 1960 Ky. Acts ch. 84, Art. III, sec. 4.