Retirement And Pensions
Kentucky 2025 Regular Session
A CONCURRENT RESOLUTION establishing the Shared Responsibility Solution Task Force to evaluate the contribution requirements and overall sustainability measures of the Teachers' Retirement System medical insurance fund. [SCR-154]
[Education ]
[Healthcare ]
[Insurance ]
[Budget and Spending ]
[Pensions ]
[Retirement ]
Direct the Legislative Research Commission to establish the Shared Responsibility Solution Task Force to evaluate the contribution requirements and overall sustainability measures of the Teachers' Retirement System medical insurance fund.
Sponsored by: Sen. Brandon Storm
To Senate Floor on 03/12/2025
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Gettr Kentucky 2025 Regular Session
A RESOLUTION confirming the appointment of William Crawford to the Board of Trustees of the Teachers' Retirement System. [SR-126]
[Retirement ]
[Education ]
Confirm the appointment of William Crawford to the Board of Trustees of the Teachers' Retirement System for a term expiring March 10, 2025.
Sponsored by: Sen. Julie Adams
Posted For Passage In The Consent Orders Of The Day For Thursday, March 27, 2025 on 03/27/2025
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Kentucky 2025 Regular Session
A RESOLUTION confirming the reappointment of Ben D. Allison to the Board of Trustees of the Judicial Form Retirement System. [SR-118]
[Retirement ]
Confirm the reappointment of Ben D. Allison to the Board of Trustees of the Judicial Form Retirement System for a term expiring June 30, 2028.
Sponsored by: Sen. Julie Adams
Posted For Passage In The Consent Orders Of The Day For Thursday, March 27, 2025 on 03/27/2025
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Kentucky 2025 Regular Session
A RESOLUTION confirming the reappointment of Stephen LeLaurin to the Board of Trustees of the Judicial Form Retirement System. [SR-117]
[Retirement ]
Confirm the reappointment of Stephen LeLaurin to the Board of Trustees of the Judicial Form Retirement System for a term expiring June 30, 2028.
Sponsored by: Sen. Julie Adams
Posted For Passage In The Consent Orders Of The Day For Thursday, March 27, 2025 on 03/27/2025
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Kentucky 2025 Regular Session
AN ACT relating to Teachers' Retirement System benefit funding. [HB-694]
[Pensions ]
[Retirement ]
[Education ]
[Healthcare ]
[Budget and Spending ]
[Funding ]
[Labor, Jobs, Employment ]
Create a new section of KRS 161.220 to 161.716, relating to the Teachers' Retirement System (TRS), to require that once the TRS retiree health fund has an actuarial funding level of at least 100%, then the employer funding for retiree health shall be used to pay down the unfunded liability of the TRS pension fund; require that if the actuarial funding level of the TRS retiree health fund falls below 95%, then the employer funding shall be restored to the retiree health fund until the retiree health fund is 100% funded; amend KRS 161.540, 161.550,
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Sponsored by: Rep. Jason Petrie
Delivered To Secretary Of State (acts Ch. 126) on 03/28/2025
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Kentucky 2025 Regular Session
AN ACT relating to retirement benefits for state and county employees in hazardous positions. [HB-714]
[Labor, Jobs, Employment ]
[Pensions ]
[Retirement ]
Create a new section of KRS 16.505 to 16.652 to change the retirement benefits for members participating in the State Police Retirement System (SPRS) or in a hazardous position in either the Kentucky Employees Retirement System (KERS) or County Employees Retirement System (CERS) who are hired after January 1, 2014, but before January 1, 2026, so that, in lieu of continued participation in the hybrid cash balance plan (Tier 3 benefits), these members receive the benefits provided to members in a hazardous position who began participating immediately
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Sponsored by: Rep. Ashley Tackett Laferty
To State Government (h) on 02/27/2025
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Kentucky 2025 Regular Session
AN ACT relating to the protection of veterans' benefits. [HB-736]
[Veterans ]
[Consumer Protection ]
[Military ]
[Public Safety ]
Create a new section of KRS Chapter 40 to limit the compensation for advising or assisting with veterans' benefits; prohibit persons seeking compensation for advising, assisting, or consulting on a veterans' benefits matter from utilizing international call or data centers, directly or aggressively soliciting business, gaining access to personal medical, financial, or benefits log-in or password information, charging late fees, and utilizing a doctor with whom they have an employment or business relationship; limit the fee for representation; provide
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Sponsored by: Rep. Matthew Koch
Taken From Veterans, Military Affairs, & Public Protection (h) on 03/05/2025
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Kentucky 2025 Regular Session
AN ACT relating to hazardous duty coverage in the Kentucky Employees Retirement System. [HB-713]
[Labor, Jobs, Employment ]
[Law Enforcement ]
[Pensions ]
[Public Safety ]
[Retirement ]
[Workers' Compensation ]
[Crime ]
Amend KRS 61.592 to redefine "hazardous position" to include Department of Kentucky State Police forensic lab and crime scene personnel.
Sponsored by: Rep. Ashley Tackett Laferty
To State Government (h) on 02/27/2025
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Kentucky 2025 Regular Session
AN ACT relating to the Teachers' Retirement System. [HB-638]
[Pensions ]
[Retirement ]
[Education ]
Amend KRS 161.220 to add certain employees of WeLeadCS to the definition of "member"; allow the Teachers' Retirement System (TRS) to promulgate administrative regulations to facilitate payment and collection for purchased service credit, and make technical changes; amend KRS 161.230 to allow TRS to establish a title holding company for certain investments; amend KRS 161.250 to specify the deadline for a written appeal of a TRS decision is not subject to the jurisdiction of any court or appeal process; amend KRS 161.430 to allow agreements for commingled
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Sponsored by: Rep. DJ Johnson
To State Government (h) on 02/26/2025
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Kentucky 2025 Regular Session
AN ACT relating to teacher benefit provisions and declaring an emergency. [SB-9]
[Education ]
[Labor, Jobs, Employment ]
[Healthcare ]
[Budget and Spending ]
[Funding ]
[Children and Youth ]
Amend KRS 161.155 to require school districts to establish a policy by July 1, 2030, to provide up to 30 days maternity leave to each teacher and employee who gives birth; require school districts to pay the actuarial costs of sick leave to the Teachers' Retirement System (TRS) for future sick leave accruals in excess of 12 days each year; provide that the state will pay the actuarial costs for sick leave accrued as of June 30, 2025, plus up to 12 days accrued each year after June 30, 2025; provide that actuarial costs for sick leave for associations
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Sponsored by: Sen. Jimmy Higdon
Signed By Governor (acts Ch. 138) on 03/31/2025
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Kentucky 2025 Regular Session
AN ACT relating to the protection of veterans' benefits. [SB-198]
[Veterans ]
[Consumer Protection ]
[Law Enforcement ]
Create a new section of KRS Chapter 40 to impose restrictions on persons seeking to receive compensation for advising or assisting with veterans' benefits claims; provide that attorneys and law firms seeking to receive compensation shall be governed by 38 C.F.R. sec.14.636.
Sponsored by: Sen. David Yates
2nd Reading, To Rules on 02/28/2025
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Kentucky 2025 Regular Session
AN ACT relating to the Support Education Excellence in Kentucky Program. [SB-6]
[Education ]
[Budget and Spending ]
[Funding ]
Amend KRS 157.320 to include costs paid on behalf of districts in the definition of "Support Education Excellence in Kentucky"; define "distributable cost" and "on-behalf cost"; amend KRS 157.330 to include appropriations of on-behalf costs in the fund to support education excellence in Kentucky; amend KRS 157.360 to provide for the calculation of total cost of the program to support education excellence in Kentucky to include on-behalf costs and distributable costs; provide for the calculation; provide for the determination of on-behalf costs;
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Sponsored by: Sen. David Givens
Floor Amendment (1) Filed To Committee Substitute on 03/13/2025
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Kentucky 2025 Regular Session
AN ACT relating to the fiduciary duties owed to the state-administered retirement systems. [SB-183]
[Retirement ]
[Pensions ]
[Investments ]
[Finance ]
[Labor, Jobs, Employment ]
Amend KRS 21.450, 61.650, 78.790, and 161.430 relating to the fiduciary duties owed to the state-administered retirement systems to define "shareholder-sponsored proposal" and "economic analysis"; require a proxy adviser under contract with a state-administered retirement system to conduct and document an economic analysis prior to voting on or recommending a vote on a shareholder-sponsored proposal that is inconsistent with the recommendation of the board of directors of the issuer of shares in order to demonstrate that a vote against management's
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Sponsored by: Sen. Robert Mills
Delivered To Secretary Of State (acts Ch. 115) on 03/27/2025
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Kentucky 2025 Regular Session
AN ACT relating to public charter schools. [HB-541]
[Education ]
Amend KRS 18A.225, 78.510, 156.095, 157.063 158.038, 158.189, 158.196, 158.305, 158.4416, 158.4433, 158.8402, 158.843, 160.152, 160.153, 161.164, 161.220, and 218B.045 to remove references to public charter schools; repeal KRS 160.1590, 160.1591, 160.15911, 160.1592, 160.1593, 160.1594, 160.1595, 160.1596, 160.1597, 160.1598, 160.1599, and 161.141 relating to public charter schools.
Sponsored by: Rep. Adrielle Camuel
To Primary And Secondary Education (h) on 02/25/2025
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Kentucky 2025 Regular Session
AN ACT relating to retirement. [SB-187]
[Retirement ]
Amend KRS 61.530 to insert gender-neutral language.
Sponsored by: Sen. Michael Nemes
To State & Local Government (s) on 02/19/2025
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Kentucky 2025 Regular Session
AN ACT relating to the Legislative Research Commission and declaring an emergency. [SB-176]
Amend KRS 6.905, 7.200, 7A.110, 7A.185, 7A.220, 13A.020, 15A.063, 45.790, 45A.705, 158.647, and 248.723 to require statutory committee membership appointments be made in January of each odd-numbered year; require vacancies to be filled within 30 days; and require the President of the Senate and Speaker of the House to appoint co-chairs; EFFECTIVE January 1, 2027.
Sponsored by: Sen. Matt Nunn
Signed By Governor (acts Ch. 35) on 03/19/2025
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Kentucky 2025 Regular Session
AN ACT relating to state employee health insurance. [SB-155]
[Healthcare ]
[Insurance ]
[Budget and Spending ]
[Public Health ]
[Medicare and Medicaid ]
[Labor, Jobs, Employment ]
Amend KRS 18A.225 to exclude from the definition of "employee" any employer pursuant to KRS 61.522 that ceases participation in the Kentucky Employees Retirement System by June 30, 2021, once they cease participation in the state employee health insurance plan they may not participate in the future; require minimal participation duration for all benefits administered by the Personnel Cabinet pursuant to KRS 18A.225 to 18A.2287; require health insurance coverage for state employees to provide minimum value that pays over 60 percent of the total cost
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Sponsored by: Sen. Michael Nemes
To Appropriations & Revenue (s) on 02/18/2025
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Kentucky 2025 Regular Session
AN ACT relating to service credit for the Teachers' Retirement System and declaring an emergency. [HB-507]
[Education ]
[Religion ]
[Retirement ]
Amend KRS 161.500 to allow members of the Teachers' Retirement System to recover up to 10 unpaid days that were missed to observe religious holidays; include the recovered days in count of days worked for service credit; EMERGENCY.
Sponsored by: Rep. Kim King
To State Government (h) on 02/21/2025
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Kentucky 2025 Regular Session
AN ACT relating to state government. [HB-491]
[Technology and Innovation ]
[Budget and Spending ]
[Healthcare ]
[Real Estate ]
[Pensions ]
[Education ]
[Law Enforcement ]
[Retirement ]
[Public Safety ]
[Cybersecurity ]
[Construction ]
[Funding ]
Amend KRS 45.750 to redefine "equipment" to include electronic equipment that incorporates advanced computing, including smart medical, scientific, and research equipment; increase the threshold required for a lease of real property to qualify as a capital project from $200,000 annually to $500,000 annually; increase the threshold required for equipment to qualify as a capital project from $200,000 to $500,000; increase the threshold required for a lease of movable equipment to qualify as a capital project from $200,000 annually to $500,000 annually;
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Sponsored by: Rep. Steve Riley
Taken From Rules on 03/12/2025
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Kentucky 2025 Regular Session
AN ACT relating to membership dates in the Kentucky Employees Retirement System. [HB-445]
[Pensions ]
[Retirement ]
[Education ]
[Labor, Jobs, Employment ]
Amend KRS 61.510 to change the current definition of "membership date" in the Kentucky Employees Retirement System to remove date restrictions regarding educational contracts and allow any member who entered into an educational contract as a conditional employee of the state of Kentucky to have their system membership date for purposes of retirement benefits determination be based upon the earliest date of the contract.
Sponsored by: Rep. John Blanton
To State Government (h) on 02/14/2025