Kentucky Subject | Retirement and Pensions

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KYHB352EnrollThe State/Executive Branch Budget: Detail Part I, Operating Budget; appropriate to General Government: 2019-2020: $21,535,000, 2020-2021: $1,793,871,500, 2021-2022: $1,813,688,900; appropriate to the Economic Development Cabinet: 2020-2021: $33,195,9...
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2020-04-01
delivered to Governor
KYHB479EngrossAmend KRS 67A.440 to delete the provision that a surviving spouse's retirement benefit shall end upon remarriage; amend KRS 67A.450 to provide that for members of policemen's and firefighters' retirement funds of urban-county governments who would ha...
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2020-04-01
To Senate Rules Committee
KYSB249EnrollAmend KRS 61.565 to reset amortization period to a new 30-year period effective with the 2019 valuation; establish layered amortization method by requiring any increase or decrease in actuarially accrued liability after the 2019 valuation to be amort...
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2020-04-01
delivered to Governor
KYHB271PassAmend KRS 16.601 and 61.621 to remove provisions which reduce line of duty or duty-related death benefits upon remarriage; establish non-codified sections to: provide that an eligible surviving spouse who has subsequently remarried shall have their b...
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2020-03-27
signed by Governor
KYHB401EngrossCreate a new section of KRS 161.220 to 161.716 to permit the Teachers' Retirement System (TRS) to use and accept electronic signatures as deemed appropriate; amend KRS 161.290 to require all public employers to grant paid leave to teacher trustees se...
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2020-03-26
To Senate State & Local Government Committee
KYHB484EnrollCreate a new section of KRS 61.510 to 61.705 to specify contents/intent of bill which includes transferring the administration of the County Employees Retirement System (CERS) from the Kentucky Retirement Systems (KRS) Board of Trustees to the CERS b...
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2020-03-26
delivered to Governor
KYSB239EngrossAmend KRS 90.400 and 90.410 to permit the board of trustees of a legacy city pension fund having fewer than twelve active and retired members or beneficiaries to offer those individuals a one-time irrevocable option to convert monthly pension benefit...
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2020-03-26
reported favorably, 2nd reading, to Rules with Committee Substitute (1)
KYHB171EngrossRepeal, reenact, and amend KRS 61.565 to change the Kentucky Employees Retirement System's nonhazardous employer contribution payable on or after July 1, 2020, from a percentage of pay for both the normal cost contribution and the actuarially accrued...
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2020-03-19
To Senate State & Local Government Committee
KYSR270IntroConfirm the reappointment of Matthew Louis Monteiro to the board of trustees of the Kentucky Retirement Systems for a term expiring June 17, 2023.
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2020-03-19
adopted 31-0
KYHB194EngrossAmend KRS 6.350 to establish additional requirements for the completion of the actuarial analysis required for bills pertaining to state-administered retirement systems; specify additional requirements to be projecting costs/savings over a 30 year pe...
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2020-03-18
To Senate State & Local Government Committee
KYHB343IntroAmend KRS 15.420 to include members of joint task forces who do not currently receive an annual supplement.
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2020-03-17
To House Appropriations and Revenue Committee
KYHB137IntroEstablish KRS Chapter 239 and create new sections to define “adjusted gross revenue,” “beginner,” “cabinet, “confidential information,” “entry fee,” “fantasy contest,” “fantasy contest operator," “fantasy contest participant...
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2020-03-17
To House Licensing, Occupations, & Admin Regs Committee
KYSR234IntroConfirm the appointment of Joseph L. Grossman to the board of trustees of the Kentucky Retirement Systems for a term expiring June 17, 2022.
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2020-03-17
adopted 34-0
KYSR236IntroConfirm the appointment of Caswell Prewitt Lane to the board of trustees of the Kentucky Retirement Systems for a term expiring June 17, 2023.
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2020-03-17
adopted 34-0
KYSR237IntroConfirm the appointment of John Carroll Cheshire III to the board of trustees of the Kentucky Retirement Systems for a term expiring June 17, 2023.
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2020-03-17
adopted 34-0
KYHB412IntroAmend KRS 16.582 and 61.621 to increase minimum total and permanent in line of duty or duty-related disability benefits payable to a member of any of the systems administered by the Kentucky Retirement Systems from 25% to 75% of the member's monthly ...
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2020-03-17
To House Appropriations and Revenue Committee
KYHB613EngrossCreate new sections of KRS 161.220 to 161.716 to specify that new university members of the Teachers' Retirement System (TRS) on or after January 1, 2021, shall receive a foundational benefit component, which shall be a traditional defined benefit pl...
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2020-03-17
To Senate State & Local Government Committee
KYSB260IntroAmend KRS 61.526 to make language gender-neutral.
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2020-03-06
To Senate State & Local Government Committee
KYHB645IntroAmend KRS 61.645 to make language gender-neutral.
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2020-03-05
To House State Government Committee
KYSB254IntroCreate a new section to close the Legislators' Retirement Plan and Judicial Retirement Plan to new members effective August 1, 2020; amend KRS 6.500, 6.505, 21.350, 21.360, and 61.680 to conform.
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2020-03-05
To Senate State & Local Government Committee
KYHB644IntroCreate a new section of KRS Chapter 21 to provide that any current or former judge or justice with an account in the Judicial Retirement Plan, who is convicted of or enters into a plea agreement to avoid conviction of a felony or misdemeanor relating...
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2020-03-05
To House State Government Committee
KYHB576IntroCreate new sections of KRS 161.220 to 161.716 to specify that new nonuniversity members of the Teachers' Retirement System (TRS) on or after January 1, 2021, shall receive a foundational benefit component, which shall be a traditional defined benefit...
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2020-03-05
To House State Government Committee
KYHB558IntroAmend KRS 61.595 and 61.559 to provide that vested Tier I and Tier II employees of an employer who, has ceased participation in the Kentucky Employees Retirement System (KERS) who based upon the employer's choice are no longer eligible to participate...
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2020-03-04
To House State Government Committee
KYHB592IntroAmend KRS 61.522 to move the one-time window where quasi-governmental agencies may voluntarily cease participation in the Kentucky Employees Retirement System (KERS) ahead one year from June 30, 2020, to June 30, 2021, and to move all other correspon...
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2020-03-04
To House State Government Committee
KYHB500IntroAmend KRS 61.637 to provide that local school districts shall not be required to reimburse Kentucky Retirement Systems for retiree health care premiums for reemployed retirees regardless of the number of days worked.
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2020-03-03
To House State Government Committee
KYSB226IntroAmend KRS 95.022 to provide that retired police officers who after retirement are hired by the city for purposes of KRS 158.4414 shall not count against the limitations of the number of reemployed retirees hired by a city.
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2020-03-02
To Senate State & Local Government Committee
KYHB104EngrossAmend 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 pr...
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2020-02-28
To Senate State & Local Government Committee
KYHB402EngrossAmend KRS 161.605 to provide that breaks in service are required before returning to work for the employer even if in a position not covered by the Teachers’ Retirement System (TRS); begin running of breaks in service from date of retirement; prohi...
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2020-02-28
To Senate State & Local Government Committee
KYSB219IntroAmend KRS 21.540, 61.645, and 161.250 to require the state-administered retirement systems to publicly disclose by asset class, instead of at the manager level, the dollar value of all fees and commissions paid to managers and partnerships, including...
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2020-02-28
To Senate State & Local Government Committee
KYSB216IntroAmends KRS 61.637 to allow a part-time adjunct instructor for the Kentucky Fire Commission, who has not participated in the Kentucky Employees Retirement Systems prior to retirement, but is eligible to retire from the County Employees Retirement Syst...
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2020-02-27
To Senate State & Local Government Committee
KYSB192IntroAmend KRS 61.637 to provide that a mayor or member of a city legislative body who is at least 62 years of age and eligible to retire from the County Employees Retirement System shall not be required to resign from his or her position as mayor or memb...
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2020-02-24
To Senate State & Local Government Committee
KYSB196IntroAmend various sections of KRS Chapter 225 to permit, rather than mandate, the procurement of specific provider types for employee health insurance, delete reference to the Kentucky Kare standard, delete language relating to the Advisory Committee of ...
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2020-02-24
To Senate State & Local Government Committee
KYSB172IntroAmend KRS 61.680 to require the Kentucky Retirement Systems to apply reciprocity for a person retiring for a second time after waiving retirement benefits to return to a full-time position covered by the Teachers' Retirement System; allow the member ...
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2020-02-18
To Senate State & Local Government Committee
KYSB176IntroRepeal, reenact, and amend KRS 18A.245 and repeal and reenact KRS 18A.262 to establish conflict of interest provisions for trustees of the Kentucky Public Employees' Deferred Compensation Authority; amend KRS 18A.230 and 18A.255 to define financial p...
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2020-02-18
To Senate State & Local Government Committee
KYHB328IntroAmend KRS 21.525 to provide that beginning with the 2021 actuarial valuation, unfunded liabilities of the Judicial Retirement Plan and the Legislators' Retirement Plan shall be amortized over a closed 25- year period, except that: any future legislat...
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2020-02-18
posting withdrawn
KYHB416IntroAmend KRS 132.020 to freeze the state property tax rate and eliminate the tax rate reduction for qualified heavy equipment; amend KRS 138.130 to define vapor products and include vapor products in the definition of tobacco products; amend KRS 138.140...
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2020-02-14
To House Appropriations and Revenue Committee
KYHB92IntroAmend KRS 141.019 to exclude United States military retirees' pension income from income taxation for taxable years beginning on or after January 1, 2020, and before January 1, 2024; require reporting by the Department of Revenue; amend KRS 131.190 t...
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2020-02-13
To House Appropriations and Revenue Committee
KYHB408IntroAmend KRS 16.642, 61.650, 78.790, and 161.430, to establish a goal for the Kentucky Retirement Systems and the Teachers' Retirement System to invest at least 1.5% of fund assets in Kentucky private equity fund investments provided any such investment...
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2020-02-12
To House State Government Committee
KYHB270IntroCreate a new section of KRS Chapter 6.500 to 6.577 to close the Legislators' Retirement Plan (LRP) to new members effective July 1, 2020, and to provide that new legislators shall participate in the Kentucky Employees Retirement System (KERS) for the...
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2020-02-11
To House Appropriations and Revenue Committee
KYSR93IntroConfirm the reappointment of Patrick Kelly Downard to the board of trustees of the Kentucky Retirement Systems for a term expiring June 17, 2023.
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2020-02-10
adopted 34-0
KYSR101IntroConfirm the reappointment of Frank Edward Collecchia to the board of trustees of the Teachers' Retirement System for a term expiring March 10, 2023.
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2020-02-10
adopted 34-0
KYSB145IntroPropose to amend Section 226 of the Constitution of Kentucky to authorize the General Assembly to define, permit, oversee, and regulate all forms of otherwise-permissible gaming; provide for the oversight and control of gaming by an administrative bo...
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2020-02-07
To Senate State & Local Government Committee
KYSB6EngrossAmend KRS 6.525 to provide that non-legislative compensation earned in another state-administered retirement system on or after July 1, 2020, shall not be used to calculate benefits in the Legislators' Retirement Plan; EMERGENCY.
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2020-02-04
To House State Government Committee
KYHB207EngrossHousekeeping 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 optio...
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2020-02-03
To Senate State & Local Government Committee
KYHB349IntroCreate a new section of KRS 6.500 to 6.577 to close the Legislators' Retirement Plan (LRP) to new members effective July 1, 2020, and to provide that new legislators shall participate in the Kentucky Employees Retirement System (KERS) for the duratio...
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2020-01-31
To House State Government Committee
KYHB89EngrossAmend KRS 61.545 to provide that if a member is working in a regular full-time hazardous duty position that participates in the Kentucky Employees Retirement System or the County Employees Retirement System and is simultaneously employed in a nonhaza...
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2020-01-27
To Senate State & Local Government Committee
KYHB262IntroAmend KRS 61.522 to permit a state-supported university or community college ceasing participation in the Kentucky Employees Retirement System (KERS) nonhazardous plan by June 30, 2020, under the provisions of subsection (8) of KRS 61.522 (2019 SS HB...
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2020-01-17
To House State Government Committee
KYSB88IntroAmend KRS 61.522 to permit a state-supported university or community college ceasing participation in the Kentucky Employees Retirement System (KERS) nonhazardous plan by June 30, 2020, under the provisions of subsection (8) of KRS 61.522 (2019 SS HB...
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2020-01-16
To Senate State & Local Government Committee
KYHB245IntroAmend KRS 141.019, relating to the individual income tax, to increase the pension income exclusion from $31,110 to $41,110.
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2020-01-15
To House Appropriations and Revenue Committee
KYHB235IntroRepeal the provisions of SB 151 enacted in 2018 that were declared unconstitutional and void by the Kentucky Supreme Court; reenact and amend those provisions to return them to their original pre-SB 151 language; make technical and conforming changes...
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2020-01-13
To House State Government Committee
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