State Codes and Statutes

Statutes > Kentucky > 067A00 > 460

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67A.460 Permanent occupational disability -- Annuity rate -- Disability retirement benefits. (1) If a total and permanent occupational disability occurs, the member shall receive an annuity calculated pursuant to subsection (2) of this section. This benefit shall begin <br>at the time the member's salary ceases, and shall be paid during his or her entire <br>lifetime. At the member's death, his or her eligible surviving spouse, if any, shall <br>receive the benefits as provided under KRS 67A.492, and his or her minor children, <br>if any, shall receive benefits as provided under KRS 67A.440. (2) The minimum annuity rate for a total and permanent occupational disability shall be sixty percent (60%) of the member's last rate of salary. The minimum rate shall be <br>increased by one half (1/2) of the amount by which the member's percentage of <br>disability exceeds twenty percent (20%), but this increase shall be not more than <br>fifteen percent (15%) of the member's last rate of salary and the member's total <br>annuity shall not be greater than seventy-five percent (75%) of his or her last rate of <br>salary. (3) The member's percentage of disability shall be the average of the impairment rating determined by two (2) physicians selected by the board under KRS 67A.480, using <br>the &quot;Guides to the Evaluation of Permanent Impairment&quot;. (4) If a member is eligible for a service retirement annuity under KRS 67A.410 and the amount of the member's service retirement annuity would exceed the amount of his <br>or her total and permanent occupational disability annuity, as determined by the <br>board under this section, then the member may elect to receive an additional service <br>retirement annuity payment equal to the amount by which the member's service <br>retirement annuity would have exceeded the amount of his or her total and <br>permanent occupational disability annuity, in addition to the member's disability <br>annuity, by filing with the board the application required by KRS 67A.410. Effective: July 15, 2010 <br>History: Amended 2010 Ky. Acts ch. 90, sec. 7, effective July 15, 2010. -- Amended 2006 Ky. Acts ch. 144, sec. 7, effective April 4, 2006. -- Amended 2000 Ky. Acts <br>ch. 484, sec. 4, effective July 14, 2000. -- Amended 1994 Ky. Acts ch. 380, sec. 2, <br>effective July 15, 1994. -- Amended 1990 Ky. Acts ch. 189, sec. 16, effective July <br>13, 1990. -- Created 1974 Ky. Acts ch. 106, sec. 11, effective July 1, 1974.

State Codes and Statutes

Statutes > Kentucky > 067A00 > 460

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67A.460 Permanent occupational disability -- Annuity rate -- Disability retirement benefits. (1) If a total and permanent occupational disability occurs, the member shall receive an annuity calculated pursuant to subsection (2) of this section. This benefit shall begin <br>at the time the member's salary ceases, and shall be paid during his or her entire <br>lifetime. At the member's death, his or her eligible surviving spouse, if any, shall <br>receive the benefits as provided under KRS 67A.492, and his or her minor children, <br>if any, shall receive benefits as provided under KRS 67A.440. (2) The minimum annuity rate for a total and permanent occupational disability shall be sixty percent (60%) of the member's last rate of salary. The minimum rate shall be <br>increased by one half (1/2) of the amount by which the member's percentage of <br>disability exceeds twenty percent (20%), but this increase shall be not more than <br>fifteen percent (15%) of the member's last rate of salary and the member's total <br>annuity shall not be greater than seventy-five percent (75%) of his or her last rate of <br>salary. (3) The member's percentage of disability shall be the average of the impairment rating determined by two (2) physicians selected by the board under KRS 67A.480, using <br>the &quot;Guides to the Evaluation of Permanent Impairment&quot;. (4) If a member is eligible for a service retirement annuity under KRS 67A.410 and the amount of the member's service retirement annuity would exceed the amount of his <br>or her total and permanent occupational disability annuity, as determined by the <br>board under this section, then the member may elect to receive an additional service <br>retirement annuity payment equal to the amount by which the member's service <br>retirement annuity would have exceeded the amount of his or her total and <br>permanent occupational disability annuity, in addition to the member's disability <br>annuity, by filing with the board the application required by KRS 67A.410. Effective: July 15, 2010 <br>History: Amended 2010 Ky. Acts ch. 90, sec. 7, effective July 15, 2010. -- Amended 2006 Ky. Acts ch. 144, sec. 7, effective April 4, 2006. -- Amended 2000 Ky. Acts <br>ch. 484, sec. 4, effective July 14, 2000. -- Amended 1994 Ky. Acts ch. 380, sec. 2, <br>effective July 15, 1994. -- Amended 1990 Ky. Acts ch. 189, sec. 16, effective July <br>13, 1990. -- Created 1974 Ky. Acts ch. 106, sec. 11, effective July 1, 1974.

State Codes and Statutes

State Codes and Statutes

Statutes > Kentucky > 067A00 > 460

Download pdf
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67A.460 Permanent occupational disability -- Annuity rate -- Disability retirement benefits. (1) If a total and permanent occupational disability occurs, the member shall receive an annuity calculated pursuant to subsection (2) of this section. This benefit shall begin <br>at the time the member's salary ceases, and shall be paid during his or her entire <br>lifetime. At the member's death, his or her eligible surviving spouse, if any, shall <br>receive the benefits as provided under KRS 67A.492, and his or her minor children, <br>if any, shall receive benefits as provided under KRS 67A.440. (2) The minimum annuity rate for a total and permanent occupational disability shall be sixty percent (60%) of the member's last rate of salary. The minimum rate shall be <br>increased by one half (1/2) of the amount by which the member's percentage of <br>disability exceeds twenty percent (20%), but this increase shall be not more than <br>fifteen percent (15%) of the member's last rate of salary and the member's total <br>annuity shall not be greater than seventy-five percent (75%) of his or her last rate of <br>salary. (3) The member's percentage of disability shall be the average of the impairment rating determined by two (2) physicians selected by the board under KRS 67A.480, using <br>the &quot;Guides to the Evaluation of Permanent Impairment&quot;. (4) If a member is eligible for a service retirement annuity under KRS 67A.410 and the amount of the member's service retirement annuity would exceed the amount of his <br>or her total and permanent occupational disability annuity, as determined by the <br>board under this section, then the member may elect to receive an additional service <br>retirement annuity payment equal to the amount by which the member's service <br>retirement annuity would have exceeded the amount of his or her total and <br>permanent occupational disability annuity, in addition to the member's disability <br>annuity, by filing with the board the application required by KRS 67A.410. Effective: July 15, 2010 <br>History: Amended 2010 Ky. Acts ch. 90, sec. 7, effective July 15, 2010. -- Amended 2006 Ky. Acts ch. 144, sec. 7, effective April 4, 2006. -- Amended 2000 Ky. Acts <br>ch. 484, sec. 4, effective July 14, 2000. -- Amended 1994 Ky. Acts ch. 380, sec. 2, <br>effective July 15, 1994. -- Amended 1990 Ky. Acts ch. 189, sec. 16, effective July <br>13, 1990. -- Created 1974 Ky. Acts ch. 106, sec. 11, effective July 1, 1974.