Local retirement system means any teacher retirement or annuity system created in any public school district in Kentucky in accordance with the laws of Kentucky;
Local retirement system means any teacher retirement or annuity system created
Local retirement system means any teacher retirement or annuity system created in any public school district in Kentucky in accordance with the laws of Kentucky; "Fiscal year" means the twelve (12) month period from July 1 to June 30. The retirement plan year is concurrent with this fiscal year. A contract for a member employed by a local board of education may not exceed two hundred sixty-one
Examples of Local retirement system in a sentence
The plan includes projected increases to salary, pension and health benefits consistent with NIFA policy and are in accordance with the estimates provided by the New York State and Local retirement system and State Department of Civil Service.
Local retirement system asset allocations have shifted during the last ten years with a reduction in the amount of fixed income in their portfolios with increases in both alternative investments and real estate asset classes.Over the last five years, the 88 actuarially funded local retirement systems paid out an annual average of over $1.5 billion in benefits to retirees and beneficiaries.
More Definitions of Local retirement system
Local retirement system means any teacher retirement or annuity system created in any public school district in Kentucky in accordance with the laws of Kentucky; "Fiscal year" means the twelve (12) month period from July 1 to June 30. The retirement plan year is concurrent with this fiscal year. A contract for a member