KRS 161.643: Records and annual reports for annuitants employed by school districts or

agencies -- Penalty for noncompliance -- System may require more frequent

reporting.

(1) Each school district, institution, and agency employing annuitants of the ret irement

system shall have on file at the retirement system's office an annual summary report

of the days employed and the compensation paid to each annuitant, the sick leave

reporting requirements established by KRS 161.155(10)(f), and other data as

required by administrative regulation of the board of trustees no later than August 1,

following the completion of each fiscal year.

(2) The retirement system may impose a penalty on the employer not to exceed one

thousand dollars ($1,000) when the employer does not meet the August 1 filing date

or fails to provide the information required for employment of annuitants of the

retirement system. However, the retirement system may waive the penalty for good

cause.

(3) The retirement system may promulgate administrat ive regulations in accordance

with KRS Chapter 13A to require employers to report more frequently than on an

annual basis.