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Kentucky · Snapshot 09/05/2026

KRS 95.620: Pension fund established under KRS 95.520 to be used to pay pensions and

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Where this section sits in the code
  1. KRS Chapter 95

benefits -- Exceptions -- Refund of contributions.

(1) Except for court or administratively ordered current child support, or owed child

support, or to -be-owed child support, and except as provided in KRS 65.156, KRS

95.530(6), and subsections (2), (3), and (4) of this section, the policemen's and

firefighters' pension fund established under KRS 95.520 shall be held and

distributed for the purpose of paying pensions and be nefits, and for no other

purpose.

(2) From July 15, 1982, and thereafter, the board of trustees of the pension fund shall,

upon the request of a member, refund a member's contributions, including

contributions picked up by the employer pursuant to KRS 65.1 55, upon that

member's withdrawal from service prior to qualifying for pension. The member

shall be entitled to receive a refund of the amount of contributions made by the

member, including contributions picked up by the employer pursuant to KRS

65.155, after the date of establishment, without interest.

(3) Any member receiving a refund of contributions shall thereby ipso facto forfeit,

waive, and relinquish all accrued rights and benefits in the system, including all

credited and creditable service. The board may, in its discretion, regardless of cause,

withhold payment of a refund for a period not to exceed six (6) months after receipt

of an application from a member.

(4) Any member who has received a refund shall be considered a new member upon

subsequent reemployment if such person qualifies for membership under the

provisions hereof. After the completion of at least five (5) years of continuous

membership service following his or her latest reemployment, such member shall

have the right to make a repayme nt to the system of the amount or amounts

previously received as refund, including six percent (6%) interest from the dates of

refund to the date of repayment. Such repayments shall not be picked up by the

employer pursuant to KRS 65.155. Upon the restorat ion of such refunds, as herein

provided, such member shall have reinstated to his or her account all credited

service represented by the refunds of which repayment has been made. Repayment

of refunds by any member shall include all refunds received by a me mber prior to

the date of his or her last withdrawal from service and shall be made in a single

sum.

Collected 2026-09-05T20:49:55Z. Source file · JSON

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