PF Time Pot Scenario

[Grease]

I have been talking to another 2p2er a bit about proper preflop strategy for time pots. The game is 10/20, and $25 gets taken out of any pot over $120.

You have KQo UTG, and it is a time pot. The table is very passive, and quite loose. UTG+1 just entered the table and posted the BB.

Your move?

If you say fold, what is the worst K hand you'd raise with here? Suited A? PP?

How much do you guys tighten up, or would you think it's fairly irrelevant if your opponents play so poorly that you could easily get 4+ people to the flop in a raised pot?