|to Appropriations & Revenue (S)
|AN ACT relating to pensions for city employees.
|Bill Request Number
|Summary of Original Version
|Amend KRS 90.410, 95.560, and 95.624 to allow former cities of the third class adopting a pension fund program prior to August 1, 1988, to provide an annual cost-of-living adjustment in an amount equal to the increase in the cost-of-living increase for a recipient of Social Security or the increase in the consumer price index as computed by the Department for Local Government up to the current maximum of five percent.
|Index Headings of Original Version
Fiscal Note - City pensions
Cities - Pensions
Retirement and Pensions - City pensions
Local Mandate - City pensions
Last updated: 1/16/2019 3:00 PM (EST)