161.716 Federal laws take precedence over Kentucky statutes pertaining to Teachers' Retirement System.

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161.716 Federal laws take precedence over Kentucky statutes pertaining to Teachers' Retirement System. In the event that federal laws are in conflict with the Kentucky Revised Statutes <br>pertaining to the Teachers' Retirement System, federal laws shall take precedence. When <br>necessary to comply with federal laws, the board of trustees may defer or stop payments <br>of allowances until the conflict is resolved. The board of trustees shall adopt such <br>regulations as are necessary to remove any conflicts with federal laws and to protect the <br>interests of the members, survivors of members and the system. Effective: July 13, 1990 <br>History: Repealed and reenacted 1990 Ky. Acts ch. 476, Pt. V, sec. 546, effective July 13, 1990. -- Created 1984 Ky. Acts ch. 253, sec. 23, effective July 1, 1984.