Ky. Rev. Stat. » Chapter 342
Kentucky Revised Statutes

Ky. Rev. Stat. § 342.150 (2026)

Repealed, 1996

✓ current as of May 2026
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Catchline at repeal: Lump-sum compensation -- When and how made. History: Repealed 1996 (1st Extra. Sess.) Ky. Acts ch. 1, sec. 83, effective December 12, 1996. -- Amended 1987 (1st. Extra. Sess.) Ky. Acts ch. 1, sec. 18, effective January 4, 1988. -- Amended 1980 Ky. Acts ch. 104, sec. 6, effective July 15, 1980. - - Amended 1972 Ky. Acts ch. 78, sec. 25. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 4907.

Notes of Decisions
Cited in 14 cases (1 in the last 5 years), 1963–2022 · leading case: Palmore v. Helton, 779 S.W.2d 196 (Ky. 1989).
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Palmore v. Helton, 779 S.W.2d 196 (Ky. 1989). · cites it 4× “Also, the lump sum settlement found in each of these cases does not offend the provisions of KRS 342.150, which requires application for settlement to be made by all parties.”
Livingston Cnty. Farm Supply, Inc. v. Spencer, 593 S.W.2d 76 (Ky. 1979). · cites it 3× “320) or other benefit of the claimant (KRS 342.150) without violating either the United States or Kentucky constitutions.”
Stanton v. Hills Materials Co., 1996 S.D. 109, 553 N.W.2d 793. · cites it 2× “Therefore, we reverse and remand for a determination of attorney fees in accordance with this decision.”
Hicks v. Gen. Refractories Co., 405 S.W.2d 734 (Ky. Ct. App. 1966). · cites it 3× “KRS 342.150. When General Refractories ceased making compenation payments to Hicks he brought this action to recover $614.”
Newberg v. Weaver, 866 S.W.2d 435 (Ky. 1993). “See KRS 342.150; KRS 342.155. Workers and their employers also are free to reach an agreement which contemplates periodic payments for an agreed-upon percentage of occupational disability.”
Gen. Refractories Co. v. Herron, 566 S.W.2d 433 (Ky. Ct. App. 1977). “In the present case, the period of time for the payments of the previous award so found overlaps with the time used in calculating the claimant’s permanent total disability.”
Beale v. Wright, 801 S.W.2d 319 (Ky. 1990). · cites it 2× “The Court reached this conclusion by focusing upon KRS 342.150 which provides that future payments of compensation may be “commuted” to a lump sum and thus discounted to represent present value.”
Silvers v. Marley Co., 566 S.W.2d 767 (Ky. Ct. App. 1978). “This standard apparently comes from the wording of KRS 342.150 which permits commutation to a lump sum of “an amount which will equal the total sum of the probable future payments.”
Dep't of Fin. v. Wright, 425 S.W.2d 740 (Ky. Ct. App. 1968). “KRS 342.150. This lump sum payment was made by the appel-lee, Special Fund, inasmuch as Wright was then working for his employer in the employment in which he was injured.”
Louisville & Jefferson Cnty. Metro. Sewer Dist. v. Kalbhin, 687 S.W.2d 549 (Ky. Ct. App. 1984). “They arrive at this conclusion by converting the award into a present value lump sum using the present worth values referred to in KRS 342.150, which deals with lump sum compensation.”
Newberg v. Everidge, 840 S.W.2d 833 (Ky. Ct. App. 1992). · cites it 3× “Any post-award settlement is governed by the language of KRS 342.150. That section requires that all parties be involved in any post-award agreement.”
Deborah Robbins French v. Rev-A-Shelf, 641 S.W.3d 172 (Ky. 2022). “2000), that KRS 342.150(5) applies to the calculation of Robbins’s post- injury wages.”
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Ky. Rev. Stat. § 342.150(5): 1 case
Deborah Robbins French v. Rev-A-Shelf, 641 S.W.3d 172 (Ky. 2022). “2000), that KRS 342.150(5) applies to the calculation of Robbins’s post- injury wages.”
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