Retirement

NKY Health offers two (2) types of retirement plans:

Kentucky Public Pensions Authority (KPPA) is a pension plan, meaning that all or part of the benefits received upon retirement are pre-defined instead of based solely on amounts of contributions and market growth.

Voluntary Retirement is a more traditional plan where employees may elect to withhold money from their pay to invest in a 401(k), IRA, 457, etc.  The benefits received upon retirement are based solely on market growth or decline.

Full-time employees are required by KY statute to participate in KPPA; except in rare circumstances, part-time employees are ineligible to particpate in KPPA.  

Any NKY Health employee may participate in voluntary retirement plans.