KY HB20 | 2024 | Regular Session
Status
Spectrum: Moderate Partisan Bill (Democrat 13-2)
Status: Introduced on January 2 2024 - 25% progression
Action: 2024-01-02 - to Committee on Committees (H)
Pending: House Committee On Committees Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 2 2024 - 25% progression
Action: 2024-01-02 - to Committee on Committees (H)
Pending: House Committee On Committees Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Appropriate $227 million, $17 million, and $17 million in fiscal year 2024-2025 to the Kentucky Public Pensions Authority to fund a one-time two percent cost-of-living adjustment effective July 1, 2024, for Kentucky Employees Retirement System nonhazardous and hazardous duty recipients, and for State Police Retirement System recipients, respectively; APPROPRIATION; EMERGENCY.
Title
AN ACT relating to a cost-of-living increase to the retirement benefits for retired state employees, making an appropriation therefor, and declaring an emergency.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2024-01-02 | House | to Committee on Committees (H) |
| 2024-01-02 | House | introduced in House |
Subjects
Actuarial Analysis
Appropriations
Budget and Financial Administration
Effective Dates, Emergency
Police, State
Retirement and Pensions
State Employees
Appropriations
Budget and Financial Administration
Effective Dates, Emergency
Police, State
Retirement and Pensions
State Employees
Kentucky State Sources
| Type | Source |
|---|---|
| Summary | https://apps.legislature.ky.gov/record/24RS/hb20.html |
| Text | https://apps.legislature.ky.gov/recorddocuments/bill/24RS/hb20/orig_bill.pdf |
