16.601 Death in the line of duty -- Allowances. - Kentucky Statutes

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16.601 Death in the line of duty -- Allowances. (1) If the death of a member in service occurs on or after August 1, 1992, as a direct result of an "act in line of duty" and the member has on file in the retirement office
at the time of his death a written designation of only one (1) beneficiary, who is his
spouse, the beneficiary may elect to receive a lump-sum payment of ten thousand
dollars ($10,000) and a monthly payment equal to twenty-five percent (25%) of the
member's monthly final rate of pay beginning in the month following the member's
death and continuing each month until death. (2) If the death of a member in service occurs on or after July 1, 1968, as a direct result of an "act in line of duty" and the member has on file in the retirement office at the
time of his death a written designation of only one (1) beneficiary other than his
spouse, who is a dependent receiving at least one-half (1/2) of his support from the
deceased member, the beneficiary may elect to receive a lump-sum payment of ten
thousand dollars ($10,000). (3) In the period of time following a member's death during which dependent children survive, monthly payments shall be made for each dependent child who is alive,
equal to ten percent (10%) of the deceased member's monthly final rate of pay;
however, total maximum dependent children's benefits shall not be greater than
forty percent (40%) of the deceased member's monthly final rate of pay at the time
any particular payment is due. The payments shall commence in the month
following the date of death of the member and shall be payable to the beneficiaries,
or to a legally appointed guardian or as directed by the system. Benefits shall be
payable under this subsection notwithstanding an election by a beneficiary to
withdraw the deceased member's accumulated contributions as provided in KRS
61.625 or benefits under any other provisions of KRS 16.510 to 16.652. (4) A beneficiary eligible for benefits under subsection (1) or (2) of this section who is also eligible for benefits under any other provisions of KRS 16.510 to 16.652 may
elect benefits under this section or any other section of KRS 16.510 to 16.652 but
cannot elect to receive both. Effective: July 15, 2002
History: Amended 2002 Ky. Acts ch. 176, sec. 2, effective July 15, 2002. -- Amended 2000 Ky. Acts ch. 385, sec. 5, effective July 14, 2000. -- Amended 1996 Ky. Acts
ch. 167, sec. 5, effective July 15, 1996. -- Amended 1992 Ky. Acts ch. 240, sec. 9,
effective July 14, 1992. -- Amended 1978 Ky. Acts ch. 311, sec. 6, effective June 17,
1978. -- Amended 1976 Ky. Acts ch. 321, sec. 40. -- Amended 1974 Ky. Acts
ch. 128, sec. 9, effective March 26, 1974. -- Amended 1972 Ky. Acts ch. 116,
sec. 76. -- Amended 1968 Ky. Acts ch. 25. sec. 6. -- Created 1964 Ky. Acts ch. 91,
sec. 14.