Bear in mind that in Kentucky, you do not pay SSI (social security tax), nor is the first $41,110 considered taxable income. KRS also uses a formula to determine how much they will pay towards your health benefit. At present, someone retiring with 240 actual months of hazardous duty credit would have to pay $29.40 monthly for family coverage in the best plan offered. With less than the 240 months, the state pays less of a benefit. There is a calculator on the KRS website if you're interested. If
Bear in mind that in Kentucky, you do not pay SSI (social security tax), nor is the first $41,110 considered taxable income. KRS also uses a formula to determine how much they will pay towards your health benefit. At present, someone retiring with 240 actual months of hazardous duty credit would have to pay $29.40 monthly for family coverage in the best plan offered. With less than the 240 months, the state pays less of a benefit. There is a calculator on the KRS website if you're interested. If