KY HB207 | 2020 | Regular Session

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Engrossed on January 30 2020 - 50% progression, died in committee
Action: 2020-02-03 - to State & Local Government (S)
Pending: Senate State & Local Government Committee
Text: Latest bill text (Engrossed) [PDF]

Summary

Housekeeping legislation for the Kentucky Retirement Systems; amend KRS 16.578 and 61.640 to apply the alternate death calculation to and reinstate the life annuity, 60 months certain, actuarial refund, and Social Security adjustment retirement options as written prior to 2009 legislation; amend KRS 61.598 to establish a minimum salary increase of 10% plus $1,000 over the prior year's salary in order for employee anti-pension spiking measures to apply; amend KRS 61.645 to remove requirement that Kentucky Retirement Systems' board election ballots be returned to a Kentucky post office box, rather than out-of-state vendor, remove requirement that ballot counting vendor be an actuarial firm, and make other conforming changes; amend KRS 61.510, 61.637, and 78.510 to change period under which reemployment of retiree would void status as a volunteer from 24 months to 12 months consistent with other retired reemployed categories; amend KRS 61.540 to remove requirement that failure to file statement of facts by member and employer will result in no benefits paid in order to conform language to other provisions in chapter; amend KRS 61.565 to use as maximum the rate for employers participating in the County Employees Retirement System, a factor of 1.12 over the prior fiscal year's contribution rate instead of language referencing projected dollars.

Tracking Information

Register now for our free OneVote public service or GAITS Pro trial account and you can begin tracking this and other legislation, all driven by the real-time data of the LegiScan API. Providing tools allowing you to research pending legislation, stay informed with email alerts, content feeds, and share dynamic reports. Use our new PolitiCorps to join with friends and collegaues to monitor & discuss bills through the process.

Monitor Legislation or view this same bill number from multiple sessions or take advantage of our national legislative search.

Title

AN ACT relating to the Kentucky Retirement Systems.

Sponsors


Roll Calls

2020-01-29 - House - House: Third Reading RCS# 46 (Y: 91 N: 0 NV: 0 Abs: 7) [PASS]

History

DateChamberAction
2020-02-03Senateto State & Local Government (S)
2020-01-30Senatereceived in Senate
2020-01-29House3rd reading, passed 91-0
2020-01-27Houseposted for passage in the Regular Orders of the Day for Tuesday, January 28, 2020
2020-01-24House2nd reading, to Rules
2020-01-23Housereported favorably, 1st reading, to Calendar
2020-01-21Houseposted in committee
2020-01-10Houseto State Government (H)
2020-01-08Houseintroduced in House

Subjects


Kentucky State Sources


Bill Comments

feedback