KY HB271 | 2016 | Regular Session

Status

Completed Legislative Action
Spectrum: Moderate Partisan Bill (Republican 6-1)
Status: Passed on April 1 2016 - 100% progression
Action: 2016-04-01 - signed by Governor (Acts, ch. 27)
Text: Latest bill text (Draft #3) [PDF]

Summary

Create a new section of KRS 7A.200 to 7A.260 to require the state-administered retirement systems to disclose data on each member or recipient of a benefit, including a unique identification number which shall not be the member's Social Security number or personal identification number issued by the systems, information on the retirement status, actual or projected benefits payments, and other retirement information for each member; establish noncodified sections to require the Public Pension Oversight Board to study and provide a report by December 1, 2016, as to whether or not legislative action should be taken to separate the administration of the County Employees Retirement System from the Kentucky Retirement Systems; require the Public Pension Oversight Board to study and provide a report by December 1, 2016, as to whether or not legislative action should be taken to transfer administration of the Judicial Retirement Plan and the Legislators' Retirement Plan to the Kentucky Retirement Systems; require the Public Pension Oversight Board to study and provide a report by December 1, 2016, as to whether or not legislative action should be taken to consolidate administrative and investment functions of all of the state-administered retirement systems, which shall include a review of investment returns, investment expenses, and administrative expenses.

Tracking Information

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Title

AN ACT relating to the Public Pension Oversight Board.

Sponsors


History

DateChamberAction
2016-04-01Housesigned by Governor (Acts, ch. 27)
2016-03-22Housedelivered to Governor
2016-03-22Houseenrolled, signed by each presiding officer
2016-03-22Housereceived in House
2016-03-21Senate3rd reading, passed 38-0
2016-03-18Senateposted for passage in the Consent Orders of the Day for Monday, March 21, 2016 (Consent Orders #1)
2016-03-17Senate2nd reading, to Rules
2016-03-16Senatereported favorably, 1st reading, to Consent Calendar
2016-03-14Senateto State & Local Government (S)
2016-03-10Senatereceived in Senate
2016-03-09House3rd reading, passed 96-0 with Committee Substitute (1)
2016-03-07Houseposted for passage in the Consent Orders of the Day for Wednesday, March 9, 2016
2016-03-04House2nd reading, to Rules
2016-03-03Housereported favorably, 1st reading, to Consent Calendar with Committee Substitute (1)
2016-02-04Houseposted in committee
2016-01-19Houseto State Government (H)
2016-01-15Houseintroduced in House

Kentucky State Sources


Bill Comments

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