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Kentucky · Snapshot 09/05/2026

KRS 40.050: Computation of bonus.

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  1. KRS Chapter 40

(1) Every person determined by the administrator to be a qualified veteran shall be paid

the sum of nine dollars ($9) for each month and major fraction of a month of active

duty, in the Armed Forces in the continental United States, not to exceed in all the

sum of three hundred dollars ($300), and the sum of fifteen dollars ($15) for each

month and major fraction of a month of such service outside the continental United

States, subject to an aggregate limit for all service in the sum of five hundred dollars

($500). A veteran who served in one or more of the conflict periods defined in

subsections (15), (16), (17), and (18) of KRS 40.010 shall be limited to a maximum

payment of three hundred dollars ($300) if no part of his total service during the

periods specified was served outside the continental United States, or five hundred

dollars ($500) if a part of his total service during the periods specified was served

outside the continental United States.

(2) If a person determined to have been a qualified veteran shall be deceased at the time

payment of the veterans' bonus would otherwise be made to him, the amount of his

bonus shall be paid to the first surviving beneficiary, if any, according to the order

of priority defined in subsection (8) of KRS 40.010 and if there be no surviving

beneficiary, the bonus of such veteran shall lapse, and no payment thereof shall be

made.

(3) A beneficiary (as defined in subsections (8), (9), (10), (11), and (12) of KRS

40.010) of a person killed in the line of duty while on activ e duty in the Armed

Forces during the periods defined in subsections (15), (16), (17), and (18) of KRS

40.010 or person who died of service -connected injury sustained while on active

duty in the Armed Forces during the conflict periods defined above shall be paid

three hundred dollars ($300) if no part of his total service during these periods was

served outside the continental United States or five hundred dollars ($500) if any

part of his total service during these periods was served outside the continent al

United States. The provisions of subsection (1) and the minimum period of service

for entitlement to a bonus as established by subsection (2) of KRS 40.010 shall not

apply to these beneficiaries. However, this exception does not waive the respective

maximums of three hundred dollars ($300) or five hundred dollars ($500) for each

veteran, person killed in the line of duty while on active duty in the Armed Forces,

or person who died as a result of service -connected injury sustained while on active

duty in the Armed Forces.

Collected 2026-09-05T20:48:59Z. Source file · JSON

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