{"data":{"id":"us-ky/krs-21.357","jurisdiction":"us-ky","citation":"KRS 21.357","heading":"Summary plan description -- Publication -- Recipients.","body":"(1) The Judicial Retirement Board shall prepare and furnish to all active members a\nsummary plan description, written in a manner calculated to be understood by the\nmembers and beneficiaries, and sufficiently accurate and comprehensive to\nreasonably apprise th em of their rights and obligations under the Judicial\nRetirement System.\n(2) The summary plan description shall include:\n(a) The name and address of the retirement system, the name of the manager, and\nthe name and address of each member of the Judicial Retirement Board;\n(b) The name and address of the person designated for the service of legal\nprocess;\n(c) The system's requirements for participation and benefits;\n(d) A description of retirement formulas for normal, early and disability\nretirement, and survivor benefits;\n(e) A description of the requirements for vesting of pension benefits;\n(f) A list of circumstances which would result in disqualification, ineligibility, or\ndenial or loss of benefits;\n(g) The sources of financing retirement benefits, and sta tutory requirements for\nfunding;\n(h) A statement after each actuarial valuation as to whether funding requirements\nare being met; and\n(i) The procedures to be followed in presenting claims for benefits under the\nplan, and the remedies available under the plan for the redress of claims which\nare denied in whole or in part.\n(3) The board may publish the summary plan description in the form of a\ncomprehensive pamphlet or booklet, or in the form of periodic newsletters which\nshall incorporate all the informatio n required in the summary plan description\nwithin a period of two (2) years. Any changes in statutory requirements or\nadministrative practices which alter the provisions of the plan as described in the\nsummary plan description shall be summarized as requir ed in subsection (1) of this\nsection and furnished to members in the form of a supplement to a comprehensive\nbooklet, or reported in the periodic newsletter.\n(4) The board shall provide to retirees and beneficiaries so much of the summary plan\ndescription as they need to understand changes in benefits which apply to them.","path":["KRS Chapter 21"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=20491","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:48:41Z","sha256":"dff64413f394e89b2379980ca7ecb404b93998bc56ead0c20a222f11a21de0e4","source_id":"us-ky","stale":false,"prev":"us-ky/krs-21.355","next":"us-ky/krs-21.360"},"notice":"GroundRules: Original legal text. Not legal advice."}
