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Kentucky · Snapshot 09/05/2026

KRS 40.440: Computation of bonus.

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Where this section sits in the code
  1. KRS Chapter 40

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

the sum of fifteen dollars ($15) for each month and major fraction of a month of

qualifying Vietnam era service, not to exceed in all the sum of three hundred dollars

($300), and the sum of twenty -five dollars ($25) for each month and major fraction

of a month of such service which is qualifying Vietnam service, subject to an

aggregate limit for all service in the sum of five hundred dollars ($500). Any

qualified veteran wh o was medically evacuated from a location, service in which

location constituted qualifying Vietnam service, shall receive the sum of five

hundred dollars ($500), this sum to be in lieu of any other bonus for which said

veteran may qualify under the provisions of KRS 40.410 to 40.560.

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

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

shall be paid to the first surviving beneficiary, if any, a ccording to the order of

priority defined in KRS 40.400(9) 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 KRS 40.400(9), (10), (11), (12), and (13), of a person

killed in the line of duty while serving in the Armed Forces of the United States

during the period of eligibility, or who died of service -connected injury sustained

while so serving, and who would otherwise have qualified for the bonus provided in

subsection (1) of this section, shall be paid three hundred dollars ($300) if no part of

the total service during the period was served outside the continental United States

or five hundred dollars ($500) if any part of the total service during the peri od was

served outside the continental United States. The provisions of subsection (1) of this

section and the minimum period of service for entitlement to a bonus as established

by KRS 40.400(5) or (6) 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. Payment shall

be made to a beneficiary in the order of priority defined in KRS 40.400(9).

(4) Notwithstanding the provisions of subsections (1), (2), and (3) of this section, the

amount paid to a qualifying veteran or a beneficiary of a qualifying veteran shall be

the amount calculated under the provisions of subsection (1), (2), or (3) of this

section, less the amount received by the veteran under the provisions of KRS

40.005 or KRS 40.010 to 40.990.

Collected 2026-09-05T20:49:00Z. Source file · JSON

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