KY HB87 | 2021 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 2-0)
Status: Passed on March 24 2021 - 100% progression
Action: 2021-03-24 - signed by Governor (Acts Ch. 96)
Text: Latest bill text (Engrossed) [PDF]

Summary

Amend KRS 16.578 and 61.640 to apply the alternate death benefit calculation options as written prior to 2009 legislation for deaths occurring prior to retirement; amend KRS 61.540 to remove requirement that the employer and member must file a statement of facts before benefit payments can commence; amend KRS 61.598 to provide that the ten percent cap on creditable compensation growth during a member's last five years of employment shall not apply to situations where the growth in excess of ten percent during the entire five-year period results in a benefit change of less than $25 per month; provide that the implementation date of the amendments to 2017 Ky. Acts ch. 32, sec. 9(28) by the Kentucky Retirement Systems shall be December 1, 2019; provide that the amendments to KRS 16.578 and 61.640 are retroactive to JUNE 25, 2009.

Tracking Information

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Title

AN ACT relating to the state-administered retirement systems.

Sponsors


Roll Calls

2021-03-11 - Senate - Senate: Third Reading RSN# 1684 (Y: 35 N: 0 NV: 0 Abs: 3) [PASS]
2021-02-25 - House - House: Third Reading RCS# 121 (Y: 94 N: 0 NV: 0 Abs: 6) [PASS]

History

DateChamberAction
2021-03-24Housesigned by Governor (Acts Ch. 96)
2021-03-12Housedelivered to Governor
2021-03-12Houseenrolled, signed by President of the Senate
2021-03-12Houseenrolled, signed by Speaker of the House
2021-03-11Housereceived in House
2021-03-11Senate3rd reading, passed 35-0
2021-03-05Senatepassed over and retained in the Consent Orders of the Day
2021-03-04Senateposted for passage in the Consent Orders of the Day for Friday, March 5, 2021
2021-03-04Senate2nd reading, to Rules
2021-03-03Senatereported favorably, 1st reading, to Consent Calendar
2021-03-01Senateto State & Local Government (S)
2021-02-26Senateto Committee on Committees (S)
2021-02-26Senatereceived in Senate
2021-02-25House3rd reading, passed 94-0 with Committee Substitute and committee amendment (1-title)
2021-02-22Houseposted for passage in the Regular Orders of the Day for Tuesday, February 23, 2021
2021-02-22House2nd reading, to Rules
2021-02-11Housereported favorably, 1st reading, to Calendar with Committee Substitute and committee amendment (1-title)
2021-02-04Houseposted in committee
2021-02-04Houseto State Government (H)
2021-01-05Houseto Committee on Committees (H)
2021-01-05Houseintroduced in House
2020-11-13HousePrefiled by the sponsor(s).

Subjects


Kentucky State Sources


Bill Comments

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