BACKGROUND: At the November 7, 2014, meeting of the Kentucky State University Board of Regents, the Sick Leave Credit with Kentucky Teachers' Retirement System (KTRS) was eliminated. This credit allowed unused sick leave to be converted to service credit with KTRS upon an employee's retirement. The University was required to pay the actuarial cost of that service purchase.

The credit was eliminated as one of many actions to address significant budget challenges faced by the University in fiscal 2014-15.

The Professional Concerns Committee of the Faculty Senate has brought forth a request to reinstate the Sick Leave Credit with KTRS (attached).

SUMMARY OF PROGRAMS/ACTIVITIES: The Sick Leave Credit program would be reinstituted with KTRS and the Faculty Senate has also requested that employees affected since 2014 have their accounts adjusted and recalculated.