KRS 161.607: Employment in position covered by other Kentucky retirement system.

(1) Any member of the Teachers' Retirement System who enters employment covered

by the Kentucky Employees Retirement System, the State Police Retirement

System, or the County Employees Retirement System, prior to July 1, 1976, may

retain membership in the Teac hers' Retirement System instead of joining the new

system.

(2) Retention of membership in the Teachers' Retirement System by any member of the

General Assembly who upon election is a contributing member of the Teachers'

Retirement System shall be effected by conforming with KRS 61.680(4)(c).

Members of the General Assembly who retain membership shall make retirement

contributions based upon their annual compensation as defined under KRS 161.220

or on their creditable compensation as defined under KRS 61.510 , whichever is the

larger amount. Service as a member of the General Assembly may be used to meet

the service requirements of KRS 61.680(2)(a) regardless of the system to which

contributions are made by the member.

(3) Any member of the Teachers' Retirement System entering employment as described

in subsection (1) of this section must exercise the option within ninety (90) days of

the beginning of such employment.

(4) Persons who enter service covered by the Teachers' Retirement System prior to July

1, 1976 , and who hold membership in a Kentucky retirement system financed in

whole or part with public funds may retain membership in that system providing the

statutes and regulations governing said system make continued membership

possible.

(5) Any person who h as elected an option provided in this section may cancel such

election and gain membership in the system which normally covers the position in

which currently employed, provided that such cancellation of option election must

be completed prior to January 1, 1977.