KY SB342 | 2022 | Regular Session

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on March 3 2022 - 25% progression, died in committee
Action: 2022-03-07 - to State & Local Government (S)
Pending: Senate State & Local Government Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Amend KRS 61.552 to provide that recontributions of a refund to the Kentucky Employees Retirement System, County Employees Retirement System, and the State Police Retirement System, made on or before January 1, 2023, shall be used to determine a member's participation date in the systems; make retroactive back to January 1, 2014, and provide that recontributions of a refund made on or after January 1, 2014 and prior to the effective date of this Act, shall be used to determine a member's participation date in the system unless the member instructs the systems by January 1, 2023, to not use the service to determine their participation date in the systems; RETROACTIVE.

Tracking Information

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Title

AN ACT relating to recontribution of a refund in the retirement systems.

Sponsors


History

DateChamberAction
2022-03-07Senateto State & Local Government (S)
2022-03-03Senateto Committee on Committees (S)
2022-03-03Senateintroduced in Senate

Subjects


Kentucky State Sources


Bill Comments

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