KRS 161.549: Purchase of service credit by individual who was employed at a Federal

Head Start agency.

A member of the Teachers' Retirement System who is in an active contributing status

with the system, and who was formerly employed by a Federal Head Sta rt agency,

operated under 42 U.S.C. secs. 9831 et seq., which does not participate in a state -

administered retirement system, may obtain credit for the period of the member's service

in the Head Start program by purchasing this service credit under the same conditions that

out-of-state service credit may be purchased under KRS 161.515. The service credit

purchased may not be used for meeting the service requirements set forth in KRS

161.600(1)(a) or (2) or 161.661(1). Payment for the service credit purchase d may be

made in installments in lieu of a lump -sum payment. The payment shall not be picked up,

as described in KRS 161.540(2), and the entire payment shall be placed in the teachers'

savings fund.