AN ACT relating to retirement benefits for probationary employment.

Amend KRS 61.552 to allow employees to purchase service credit for the time spent as a probationary employee; amend KRS 78.510 to redefine "employee," "member", and "participating" to include, solely for the purpose of benefits payable to a person employed in a full-time position or a probationary position, employees who become disabled or die as a direct result of an act in line of duty or as a result of a duty-related injury.

Actuarial Analysis Local Mandate Cities Counties Education, Elementary and Secondary Retirement and Pensions

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This bill would allow certain public employees to count their probationary period toward retirement service credit by purchasing that time. It also ensures that employees in probationary or full-time positions who become disabled or die due to a job-related incident receive the same benefits as other members of the retirement system. Who it may affect: state and local government employees serving in probationary positions, as well as their families in cases of job-related disability or death.

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