Retirement And Pensions
Kentucky 2024 Regular Session
AN ACT relating to hazardous duty retirement for code enforcement personnel of a consolidated local government. [HB-738]
[Labor, Jobs, Employment ]
[Retirement ]
[Pensions ]
Amend KRS 78.5520 to redefine "hazardous position" to include code enforcement and zoning inspection personnel employed by a consolidated local government for the purposes of benefits of the County Employees Retirement System.
Sponsored by: Rep. Rachel Roarx
Introduced In House on 02/26/2024
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Gettr Kentucky 2024 Regular Session
AN ACT relating to the retirement systems covered under the Kentucky Public Pensions Authority. [HB-710]
[Retirement ]
[Pensions ]
Amend KRS 61.542 to make a technical change.
Sponsored by: Rep. Ken Fleming
Introduced In House on 02/26/2024
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Kentucky 2024 Regular Session
AN ACT relating to service credit for the Teachers' Retirement System and declaring an emergency. [SB-279]
[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: Sen. Steve West
To Appropriations & Revenue (s) on 02/28/2024
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Kentucky 2024 Regular Session
AN ACT relating to service credit for the Teachers' Retirement System and declaring an emergency. [SB-274]
[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: Sen. Lindsey Tichenor
To Appropriations & Revenue (s) on 02/28/2024
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Kentucky 2024 Regular Session
AN ACT relating to the fiduciary duties owed to the state-administered retirement systems. [HB-742]
[Retirement ]
[Pensions ]
Amend KRS 61.650, relating to fiduciary duties owed to the Kentucky Retirement Systems, to make a technical correction.
Sponsored by: Rep. Scott Sharp
2nd Reading, To Rules on 03/28/2024
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Kentucky 2024 Regular Session
AN ACT relating to student safety. [SB-2]
[Education ]
[Public Safety ]
[Mental Health ]
[Law Enforcement ]
[Children and Youth ]
[Healthcare ]
[Data Privacy ]
[Crime ]
Amends KRS 156.095 to require schools to provide suicide prevention awareness twice a year and an opportunity for any student who missed the suicide prevention awareness lesson to receive the lesson at a later time, and to make conforming changes; amends KRS 156.501 to remove existing cost-sharing provisions for the registered nurse required to be employed by the Kentucky Department of Education (KDE); creates a new section of KRS Chapter 158 to define terms, to establish a framework for employment of Kentucky guardians in schools, to specify qualifications
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Sponsored by: Sen. George Wise
Became Law Without Governor's Signature (acts Ch. 165) on 04/10/2024
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Kentucky 2024 Regular Session
AN ACT relating to pension spiking in the Kentucky Public Pensions Authority. [HB-661]
[Pensions ]
[Labor, Jobs, Employment ]
Amend KRS 61.598 to exempt from the pension spiking provisions any increases in rates of pay authorized or funded by the legislative or administrative body of an employer or mandated in a collective bargaining agreement approved by the legislative body of the employer that are provided to members of the Kentucky Employees Retirement System, the County Employees Retirement System, or the State Police Retirement System.
Sponsored by: Rep. Derrick Graham
Received In Senate on 03/13/2024
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Kentucky 2024 Regular Session
AN ACT relating to fiscal impact statements. [HB-635]
[Insurance ]
[Budget and Spending ]
[Criminal Justice ]
Amends KRS 6.350 to require that an actuary performing an actuarial analysis clearly describe a new assumption or method and the basis for selecting the assumption or method, including any documentation, studies, written opinions, calculations, or citations, and to require that the actuary certify that the information provided in the analysis is accurate; amends KRS 6.948 to require that the commissioner of the Department of Insurance include in a fiscal impact statement documentation, studies, written opinions, calculations, and citations in support
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Sponsored by: Rep. Kimberly Moser
Signed By Governor (acts Ch. 58) on 04/04/2024
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Kentucky 2024 Regular Session
AN ACT relating to retirement. [HB-631]
[Retirement ]
Amend KRS 61.530 to make language gender-neutral.
Sponsored by: Rep. Derrick Graham
Introduced In House on 02/21/2024
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Kentucky 2024 Regular Session
AN ACT relating to the Teachers' Retirement System and declaring an emergency. [HB-588]
[Education ]
[Pensions ]
[Retirement ]
Amend various sections of KRS Chapter 161 to remove provisions of HB 258 enacted during the 2021 Regular Session that created and adjusted benefits for individuals who become members of the Teachers' Retirement System on or after January 1, 2022; repeal KRS 161.633, 161.634, 161.635, and 161.636, relating to university and nonuniversity members; provide that these members shall be eligible for the benefits applicable to members who entered the system immediately prior to January 1, 2022; EMERGENCY.
Sponsored by: Rep. Cherlynn Stevenson
Introduced In House on 02/20/2024
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Kentucky 2024 Regular Session
AN ACT relating to public charter schools. [HB-587]
[Education ]
Amend KRS 18A.225, 78.510, 156.095, 158.038, 158.189, 158.196, 158.305, 158.4416, 160.152, 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. Derrick Graham
Introduced In House on 02/20/2024
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Kentucky 2024 Regular Session
AN ACT relating to hazardous duty retirement for solid waste management services enforcement officers of a consolidated local government. [HB-542]
[Waste Management / Recycling ]
[Retirement ]
[Labor, Jobs, Employment ]
[Law Enforcement ]
[Pensions ]
Amend KRS 78.5520 to redefine "hazardous position" to include solid waste management services enforcement officers employed by a consolidated local government for the purpose of determining benefits of the County Employees Retirement System.
Sponsored by: Rep. Josie Raymond
Introduced In House on 02/14/2024
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Kentucky 2024 Regular Session
AN ACT relating to optional retirement benefits for hazardous duty employees participating in the County Employees Retirement System's hybrid cash balance plans. [SB-196]
[Pensions ]
[Retirement ]
[Labor, Jobs, Employment ]
Create a new section of KRS 78.510 to 78.852 to create an elective alternative benefit program that employers participating in the County Employees Retirement System (CERS) may adopt for employees in hazardous positions with a membership date after January 1, 2014, in the hybrid cash balance plan (Tier 3 benefits); provide that, if an employer participating in CERS makes a one-time election to provide an alternative benefit program, those eligible employees in hazardous positions may elect, in lieu of Tier 3 benefits, to participate in the alternative
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Sponsored by: Sen. Christian McDaniel
To State & Local Government (s) on 03/22/2024
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Kentucky 2024 Regular Session
AN ACT relating to designating a special needs trust to receive state-administered retirement benefits. [SB-175]
[Retirement ]
[Senior Citizens ]
[Disabilities ]
[Pensions ]
[Medicare and Medicaid ]
[Healthcare ]
[Human Services ]
Amend KRS 16.505, 61.510, and 78.510 to define "special needs trust" (SNT) for purposes of the State Police Retirement System, Kentucky Employees Retirement System, and County Employees Retirement System; amend the definition of "person" to include a SNT, and amend the definition of "beneficiary" to exclude sole beneficiary of a SNT; amend KRS 16.578 to allow a SNT to receive a lifetime retirement benefit; amend KRS 61.623 to allow a trustee to receive checks on behalf of a SNT; amend KRS 61.635 to allow a person who is the beneficiary of a SNT
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Sponsored by: Sen. Danny Carroll
To State & Local Government (s) on 02/07/2024
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Kentucky 2024 Regular Session
AN ACT relating to the privacy of Social Security numbers. [SB-165]
[Data Privacy ]
[Social Security ]
Amend various sections of the Kentucky Revised Statutes to remove requirements for using a Social Security number as an identifier.
Sponsored by: Sen. Adrienne Southworth
To Judiciary (s) on 02/07/2024
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Kentucky 2024 Regular Session
AN ACT relating to the Kentucky Public Employees Deferred Compensation Authority. [HB-392]
[Pensions ]
[Retirement ]
[Insurance ]
Amend KRS 18A.230 to define "self-directed brokerage account" (SDBA); amend KRS 18A.235 to authorize the board of trustees of the Kentucky Public Employees Deferred Compensation Authority (KY Deferred Comp) to purchase fiduciary liability insurance and reimburse its trustees, officers, and employees for legal expenses relating to performance of their duties; amend KRS 18A.245 to authorize KY Deferred Comp to offer SDBAs to its participants, contract with SDBA vendors, and promulgate administrative regulations relating to SDBAs for its participants;
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Sponsored by: Rep. John Hodgson
Taken From State & Local Government (s) on 03/28/2024
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Kentucky 2024 Regular Session
AN ACT relating to retiree health insurance reimbursements for school district employees. [HB-354]
[Insurance ]
[Education ]
[Healthcare ]
[Pensions ]
[Retirement ]
[Labor, Jobs, Employment ]
Amends KRS 61.637 and 78.5540 to require the Department of Education to pay to the Kentucky Public Pensions Authority (KPPA) the health insurance premium reimbursements required for retirees who participated in a hazardous position prior to July 1, 2003, and are reemployed by a local school board; and amends KRS 161.158 to provide that local school board employees who are retirees who participated in a hazardous position prior to July 1, 2003, shall have the cost of their retiree health insurance reimbursed to KPPA.
Sponsored by: Rep. DJ Johnson
Signed By Governor (acts Ch. 214) on 04/18/2024
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Kentucky 2024 Regular Session
AN ACT relating to in line of duty disability benefits and declaring an emergency. [HB-349]
[Insurance ]
[Labor, Jobs, Employment ]
[Healthcare ]
[Public Safety ]
[Workers' Compensation ]
[Law Enforcement ]
[Disabilities ]
Amend KRS 61.702 and 78.5536 to provide full hospital and medical insurance benefits for a member, their spouse, and their dependents if the member becomes disabled in the line of duty with a hazardous disability; EMERGENCY.
Sponsored by: Rep. John Blanton
Taken From The Orders Of The Day on 03/27/2024
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Kentucky 2024 Regular Session
AN ACT relating to sick leave for members of the Teachers' Retirement System and declaring an emergency. [SB-4]
[Education ]
[Labor, Jobs, Employment ]
[Retirement ]
[Budget and Spending ]
[Funding ]
[Pensions ]
Amend KRS 161.155 to specify that sick leave payments made to certified school employees who began participating in the Teachers' Retirement System (TRS) prior to January 1, 2022, and who retire from TRS on or after July 1, 2024, shall be limited to the sick leave accrued by the employee as of June 30, 2024, plus no more than 10 additional sick leave days accrued each fiscal year thereafter; provide that the 10 additional days eligible for payment shall not include personal leave, emergency leave, or other forms of non-sick leave balances; require
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Sponsored by: Sen. Damon Thayer
2nd Reading, To Rules on 03/27/2024
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Kentucky 2024 Regular Session
AN ACT relating to reorganization of the Kentucky Public Pensions Authority. [HB-292]
[Pensions ]
[Retirement ]
Amend KRS 61.505 to establish the Office of Financial Management and the Office of Benefits within the Kentucky Public Pensions Authority; amend KRS 12.020 to conform.
Sponsored by: Rep. DJ Johnson
Introduced In House on 01/17/2024