{"data":{"id":"us-ky/krs-95.620","jurisdiction":"us-ky","citation":"KRS 95.620","heading":"Pension fund established under KRS 95.520 to be used to pay pensions and","body":"benefits -- Exceptions -- Refund of contributions.\n(1) Except for court or administratively ordered current child support, or owed child\nsupport, or to -be-owed child support, and except as provided in KRS 65.156, KRS\n95.530(6), and subsections (2), (3), and (4) of this section, the policemen's and\nfirefighters' pension fund established under KRS 95.520 shall be held and\ndistributed for the purpose of paying pensions and be nefits, and for no other\npurpose.\n(2) From July 15, 1982, and thereafter, the board of trustees of the pension fund shall,\nupon the request of a member, refund a member's contributions, including\ncontributions picked up by the employer pursuant to KRS 65.1 55, upon that\nmember's withdrawal from service prior to qualifying for pension. The member\nshall be entitled to receive a refund of the amount of contributions made by the\nmember, including contributions picked up by the employer pursuant to KRS\n65.155, after the date of establishment, without interest.\n(3) Any member receiving a refund of contributions shall thereby ipso facto forfeit,\nwaive, and relinquish all accrued rights and benefits in the system, including all\ncredited and creditable service. The board may, in its discretion, regardless of cause,\nwithhold payment of a refund for a period not to exceed six (6) months after receipt\nof an application from a member.\n(4) Any member who has received a refund shall be considered a new member upon\nsubsequent reemployment if such person qualifies for membership under the\nprovisions hereof. After the completion of at least five (5) years of continuous\nmembership service following his or her latest reemployment, such member shall\nhave the right to make a repayme nt to the system of the amount or amounts\npreviously received as refund, including six percent (6%) interest from the dates of\nrefund to the date of repayment. Such repayments shall not be picked up by the\nemployer pursuant to KRS 65.155. Upon the restorat ion of such refunds, as herein\nprovided, such member shall have reinstated to his or her account all credited\nservice represented by the refunds of which repayment has been made. Repayment\nof refunds by any member shall include all refunds received by a me mber prior to\nthe date of his or her last withdrawal from service and shall be made in a single\nsum.","path":["KRS Chapter 95"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=50462","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:49:55Z","sha256":"93b69f3d8c8edcf06b335934eb3dabe7c5ed2d00897a9b2241983171e305ecdc","source_id":"us-ky","stale":false,"prev":"us-ky/krs-95.610","next":"us-ky/krs-95.621"},"notice":"GroundRules: Original legal text. Not legal advice."}