Kentucky Revised Statutes Title IX. Counties, Cities, and Other Local Units § 78.625.Information furnished by employer; filing of contributions, reimbursements, and reports; penalties for delinquency; audit of employer

(1) Except as provided by subsection (6) of this section, the employer shall prepare the reporting records necessary for the system to administer the provisions of KRS 78.510 to 78.852 and, from time to time, shall furnish the information the system may require in the discharge of its duties. Upon employment of an employee, the employer shall inform him or her of his or her duties and obligations in connection with the system as a condition of employment.

(2) The agency reporting official of the county shall file the following at the retirement office on or before the tenth day of the month following the period being reported:

(4) If an agency is delinquent in the payment of contributions due in accordance with any of the provisions of KRS 78.510 to 78.852, refunds and retirement allowance payments to members of this agency may be suspended until the delinquent contributions, with interest at the rate adopted by the board compounded annually, or penalties have been paid to the system.

(5) The system may at any time conduct an audit of the employer in order to determine if the employer is complying with the provisions of KRS 78.510 to 78.852. The system shall have access to and may examine all books, accounts, reports, correspondence files, and records of any employer. Every employer, employee, or agency reporting official of a county, as defined in KRS 78.510(3), having records in its possession or under its control, shall permit access to and examination of the records upon the request of the system.

(6) Employers shall not be required to report any information or pay employer contributions on any individual serving as a volunteer who is receiving compensation from the employer equal to or less than a nominal fee as defined by Sections 3 and 18 of this Act if the compensation paid to the volunteer is excluded from the definition of creditable compensation as provided by KRS 61.510(13) or KRS 78.510(13).