102 KAR 1:035. Employment by retired members.

 

      RELATES TO: KRS 161.605

      STATUTORY AUTHORITY: KRS 161.310

      NECESSITY, FUNCTION, AND CONFORMITY: KRS 161.310 requires the Board of Trustees of the Teachers' Retirement System of the State of Kentucky to promulgate administrative regulations for the administration of retirement system funds and for the transaction of business. This administrative regulation establishes procedures necessary to administer KRS 161.605, concerning employment by retired members.

 

      Section 1. For purposes of KRS 161.605, any period of substitute or part-time teaching of three and one-half (3 1/2) hours or less shall be considered one-half (1/2) day and any period greater than three and one-half (3 1/2) hours shall be considered one (1) full day. Part-time employment in a nonteaching capacity shall not exceed:

      (1) Fifty-four (54) percent of a full-time member's weekly schedule for the equivalent of a regular school term (nine and one-fourth (9 1/4) months); and

      (2) Thirty-nine (39) percent of a full-time member's weekly schedule for the equivalent of a twelve (12) month school term. (TRS-4(a); 1 Ky.R. 135; eff. 12-11-74; Am. 6 Ky.R. 682; eff. 8-6-80; 17 Ky.R. 2471; eff. 4-5-91; 20 Ky.R. 2358; eff. 3-23-94; 30 Ky.R. 1824; 2017; eff. 3-18-2004.)