KY HB104 | 2020 | Regular Session


Spectrum: Slight Partisan Bill (Democrat 9-4)
Status: Engrossed on February 26 2020 - 50% progression
Action: 2020-02-28 - to State & Local Government (S)
Pending: Senate State & Local Government Committee
Text: Latest bill text (Engrossed) [PDF]


Amend KRS 61.542 to allow a retiree who experiences a qualifying event, including marriage, remarriage, the birth or adoption of a child, or the death of a designated beneficiary, to elect to change his or her beneficiary and optional payment plan provided the election is made within 120 days of the qualifying event on a form prescribed by the Kentucky Retirement Systems and provide that in the case of a divorce, annulment, or dissolution of marriage, the retiree's estate shall become the beneficiary; amend KRS 61.590, 61.615, and 61.630 to conform; amend KRS 161.630 to expand the qualifying events for which a retiree may elect to change his or her beneficiary and optional payment plan to include a birth or adoption of a child in addition to marriage, remarriage, and the death of a beneficiary, require that the election be made within 120 days of the qualifying event on a form prescribed by the Teachers' Retirement System, and make technical corrections; amend KRS 161.480 to conform.

Tracking Information

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AN ACT relating to changing beneficiaries after retirement in state-administered retirement systems.


Roll Calls

2020-02-25 - House - House: Third Reading RCS# 146 (Y: 88 N: 0 NV: 0 Abs: 10) [PASS]


2020-02-28Senateto State & Local Government (S)
2020-02-26Senatereceived in Senate
2020-02-25House3rd reading, passed 88-0 with Committee Substitute (1) and floor amendment (1)
2020-02-20Housefloor amendment (1) filed to Committee Substitute
2020-02-19Houseposted for passage in the Regular Orders of the Day for Thursday, February 20, 2020
2020-02-14House2nd reading, to Rules
2020-02-13Housereported favorably, 1st reading, to Calendar with Committee Substitute (1)
2020-01-13Houseposted in committee
2020-01-07Houseto State Government (H)
2020-01-07Houseintroduced in House
2019-11-18HousePrefiled by the sponsor(s).


Kentucky State Sources

Bill Comments