<br><br>78.625 Filing of contributions, reimbursements, and reports -- Collection -- <br>Suspension of benefits on delinquency. <br>(1) The agency reporting official of the county shall file the following at the retirement <br>office on or before the tenth day of the month following the period being reported: <br>(a) The employee and employer contributions required under KRS 78.610, <br>61.565, and 61.702; <br>(b) The employer contributions and reimbursements for retiree health insurance <br>premiums required under KRS 61.637; and <br>(c) A record of all contributions to the system on the forms prescribed by the <br>systems. <br>(2) <br> <br>(a) If the agency reporting official fails to file at the retirement office all <br>contributions and reports on or before the tenth day of the month following <br>the period being reported, interest on the delinquent contributions at the <br>actuarial rate adopted by the board compounded annually, but not less than <br>one thousand dollars ($1,000), shall be added to the amount due the system. <br>(b) Delinquent contributions, with interest at the rate adopted by the board <br>compounded annually, or penalties may be recovered by action in the Franklin <br>Circuit Court against the county liable or may, at the request of the board, be <br>deducted from any other moneys payable to the county by any department or <br>agency of the state. <br>(4) If an agency is delinquent in the payment of contributions due in accordance with <br>any of the provisions of KRS 78.510 to 78.852, refunds and retirement allowance <br>payments to members of this agency may be suspended until the delinquent <br>contributions, with interest at the rate adopted by the board compounded annually, <br>or penalties have been paid to the system. <br>Effective: July 15, 2010 <br>History: Amended 2010 Ky. Acts ch. 173, sec. 9, effective July 15, 2010. -- Amended <br>2009 Ky. Acts ch. 77, sec. 25, effective June 25, 2009. -- Amended 2004 Ky. Acts <br>ch. 36, sec. 34, effective July 13, 2004. -- Amended 2002 Ky. Acts ch. 52, sec. 22, <br>effective July 15, 2002. -- Amended 1998 Ky. Acts ch. 105, sec. 25, effective July <br>15, 1998. -- Amended 1996 Ky. Acts ch. 167, sec. 26, effective July 15, 1996. -- <br>Amended 1992 Ky. Acts ch. 240, sec. 59, effective July 14, 1992. -- Amended 1988 <br>Ky. Acts ch. 349, sec. 38, effective July 15, 1988. -- Amended 1982 Ky. Acts <br>ch. 423, sec. 19, effective July 15, 1982. -- Amended 1976 Ky. Acts ch. 321, secs. 36 <br>and 40. -- Amended 1972 Ky. Acts ch. 116, sec. 69. -- Amended 1968 Ky. Acts <br>ch. 24, sec. 1. -- Created 1964 Ky. Acts ch. 49, sec. 7. <br><br>