It is hereby declared that in consideration of the contributions by members and in further consideration of benefits received by the state from the member’s employment, KRS
161.220 to 161.710 shall constitute, except as provided in KRS § 6.696, an inviolable contract of the Commonwealth, and the benefits provided herein, except as provided in KRS § 6.696, shall not be subject to reduction or impairment by alteration, amendment, or repeal.

Terms Used In Kentucky Statutes 161.714

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Contract: A legal written agreement that becomes binding when signed.
  • State: when applied to a part of the United States, includes territories, outlying possessions, and the District of Columbia. See Kentucky Statutes 446.010
  • Statute: A law passed by a legislature.

Effective: January 1, 2022
History: Amended 2021 Ky. Acts ch. 157, sec. 40, effective January 1, 2022. — Amended 2018 Ky. Acts ch. 107, sec. 80, effective July 14, 2018. — Amended 1993 (1st Extra. Sess.) Ky. Acts ch. 4, sec. 82, effective September 16, 1993. — Amended
1992 Ky. Acts ch. 192, sec. 17, effective July 1, 1992. — Repealed and reenacted
1990 Ky. Acts ch. 476, Pt. V, sec. 545, effective July 13, 1990. — Created 1978 Ky. Acts ch. 152, sec. 20, effective March 28, 1978.
Legislative Research Commission Note (12/13/2018). On December 13, 2018, the
Kentucky Supreme Court ruled that the passage of 2018 SB 151 (2018 Ky. Acts ch.
107), did not comply with the three-readings rule of Kentucky Constitution Section
46 and that the legislation is, therefore, constitutionally invalid and declared void. That ruling applies to changes made to this statute in that Act.