Kentucky Statutes 40.050 – Computation of bonus
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(1) Every person determined by the administrator to be a qualified veteran shall be paid the sum of nine dollars ($9) for each month and major fraction of a month of active duty, in the Armed Forces in the continental United States, not to exceed in all the sum of three hundred dollars ($300), and the sum of fifteen dollars ($15) for each month and major fraction of a month of such service outside the continental United States, subject to an aggregate limit for all service in the sum of five hundred dollars ($500). A veteran who served in one or more of the conflict periods defined in subsections (15), (16), (17), and (18) of KRS § 40.010 shall be limited to a maximum payment of three hundred dollars ($300) if no part of his total service during the periods specified was served outside the continental United States, or five hundred dollars ($500) if a part of his total service during the periods specified was served outside the continental United States.
(2) If a person determined to have been a qualified veteran shall be deceased at the time payment of the veterans’ bonus would otherwise be made to him, the amount of his bonus shall be paid to the first surviving beneficiary, if any, according to the order of priority defined in subsection (8) of KRS § 40.010 and if there be no surviving beneficiary, the bonus of such veteran shall lapse, and no payment thereof shall be made.
(3) A beneficiary (as defined in subsections (8), (9), (10), (11), and (12) of KRS
40.010) of a person killed in the line of duty while on active duty in the Armed
Forces during the periods defined in subsections (15), (16), (17), and (18) of KRS
40.010 or person who died of service-connected injury sustained while on active duty in the Armed Forces during the conflict periods defined above shall be paid three hundred dollars ($300) if no part of his total service during these periods was served outside the continental United States or five hundred dollars ($500) if any part of his total service during these periods was served outside the continental United States. The provisions of subsection (1) and the minimum period of service for entitlement to a bonus as established by subsection (2) of KRS § 40.010 shall not apply to these beneficiaries. However, this exception does not waive the respective maximums of three hundred dollars ($300) or five hundred dollars ($500) for each veteran, person killed in the line of duty while on active duty in the Armed Forces, or person who died as a result of service-connected injury sustained while on active duty in the Armed Forces.
Effective: February 20, 1960
History: Created 1960 Ky. Acts ch. 15, sec. 5, effective February 20, 1960.
(2) If a person determined to have been a qualified veteran shall be deceased at the time payment of the veterans’ bonus would otherwise be made to him, the amount of his bonus shall be paid to the first surviving beneficiary, if any, according to the order of priority defined in subsection (8) of KRS § 40.010 and if there be no surviving beneficiary, the bonus of such veteran shall lapse, and no payment thereof shall be made.
Terms Used In Kentucky Statutes 40.050
- Administrator: means the adjutant general of the Commonwealth. See Kentucky Statutes 40.010
- Armed Forces: means the United States Army, Navy, Marine Corps, Air Force, and Coast Guard, including the reserve components thereof on active duty. See Kentucky Statutes 40.010
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
- Beneficiary: means , in this order, widow, child or children (sharing equally), mother, father, and no other. See Kentucky Statutes 40.010
- Entitlement: A Federal program or provision of law that requires payments to any person or unit of government that meets the eligibility criteria established by law. Entitlements constitute a binding obligation on the part of the Federal Government, and eligible recipients have legal recourse if the obligation is not fulfilled. Social Security and veterans' compensation and pensions are examples of entitlement programs.
- Month: means calendar month. See Kentucky Statutes 446.010
- Qualified veteran: means a person answering to the specifications set forth in subsections (2) and (3), and who
(a) Was a resident of the Commonwealth at the time of entry into active service in the Armed Forces and for at least six (6) months prior thereto. See Kentucky Statutes 40.010 - Veteran: means a person who served in the active Armed Forces of the United States, during the Spanish American War, World War I, World War II, or the Korean conflict, for a period of ninety (90) days or more (exclusive of time spent AWOL. See Kentucky Statutes 40.010
(3) A beneficiary (as defined in subsections (8), (9), (10), (11), and (12) of KRS
40.010) of a person killed in the line of duty while on active duty in the Armed
Forces during the periods defined in subsections (15), (16), (17), and (18) of KRS
40.010 or person who died of service-connected injury sustained while on active duty in the Armed Forces during the conflict periods defined above shall be paid three hundred dollars ($300) if no part of his total service during these periods was served outside the continental United States or five hundred dollars ($500) if any part of his total service during these periods was served outside the continental United States. The provisions of subsection (1) and the minimum period of service for entitlement to a bonus as established by subsection (2) of KRS § 40.010 shall not apply to these beneficiaries. However, this exception does not waive the respective maximums of three hundred dollars ($300) or five hundred dollars ($500) for each veteran, person killed in the line of duty while on active duty in the Armed Forces, or person who died as a result of service-connected injury sustained while on active duty in the Armed Forces.
Effective: February 20, 1960
History: Created 1960 Ky. Acts ch. 15, sec. 5, effective February 20, 1960.