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Current as of January 01, 2024 | Updated by FindLaw Staff
Each employer employing members of the Teachers' Retirement System in positions established under educational acts adopted by the federal Congress shall contribute to the Teachers' Retirement System an amount equal to that contributed by the members of that employer plus an additional two and forty-five hundredths percent (2.45%) for fiscal years 2003 and 2004. Beginning fiscal year 2005 and each year thereafter, each employer shall contribute an amount equal to the employer contribution provided under KRS 161.550.
Cite this article: FindLaw.com - Kentucky Revised Statutes Title XIII. Education § 161.555.Employer contributions for members employed in positions established under federal educational acts - last updated January 01, 2024 | https://codes.findlaw.com/ky/title-xiii-education/ky-rev-st-sect-161-555/
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