Kentucky Retirement System Sick Leave Conversion Chart

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Kentucky Retirement System Sick Leave Conversion Chart

Kentucky Retirement System Sick Leave Conversion Chart

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Kentucky Retirement System Sick Leave Conversion Chart

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David Rich Elected by CERS Requirements for Governor Appointee Kelly Downard Governor Appointee Joseph Grossman Governor Appointee John E J T Fulkerson KPPA administers retirement benefits for over 394 000 state and local government employees Plan Funding Benefits are funded through three sources Member Contributions Employer Contributions Return on Investments Plan Funding CERS SPRS Hazardous 8 143 48 146 06 The three systems operated by KPPA are qualified defined benefit plans A defined benefit plan pays benefits based on a formula Formula Final Compensation Benefit Factor Years of Service Annual Benefit If there is an early retirement penalty it will also be used in the formula Final Compensation

Benefit Calculation Kentucky Public Pensions Authority