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SB 15/AA (BR 212) - J. Westwood
AN ACT relating to retirement.
Amend KRS 61.555 to allow active members of the County Employees Retirement System to purchase service credit for National Guard and military reserves time on a one-month for every six-months basis.
SB 15 - AMENDMENTS
SCS/AA - Retain original provisions and provide that for persons hired prior to January 1, 2001, military service purchases, regardless of credit in another system, shall require employee funding of 100% of the actuarial cost and shall not count toward insurance eligibility.
HFA (1/AA, J. Barrows) - Amend KRS 61.510 and KRS 78.510 to define final compensation for nonhazardous employees whose effective retirement is between August 1, 2000, and January 31, 2005, and whose total years of service credit equals at least twenty-seven years and whose total age and years of service equals seventy-five to mean the three fiscal years that the employee was paid at the highest average monthly rate divided by the number of months of service credit during that three year period multiplied by twelve; provide that the funding be provided from existing funds of the retirement allowance account.
HFA (2, F. Rasche) - Retain original provisions of GA bill and provide for transfer from the Legislators retirement plan if member pays the difference between contributions and cost to the receiving retirement system calculated by the system's actuary.
HFA (3, C. Geveden) - Amend KRS 61.510 and KRS 78.510 to define final compensation for nonhazardous employees whose effective retirement is between August 1, 2000 and January 31, 2005, and whose total years of service credit equals at least twenty-five years and whose total age and years of service equals seventy-five to mean the three fiscal years that they employee was paid at the highest average monthly rate divided by the number of months of service credit during that three year period multiplied by twelve; provide that the funding be provided from existing funds of the retirement allowance account.
HFA (4, G. Stumbo) - Create a new section of KRS Chapter 48 to permit the Legislative Research Commission to declare an emergency and administer the legislative branch of government with public funds not to exceed appropriations provided for the immediately preceding fiscal year if general appropriations bill for the legislative branch is not enacted; permit the Chief Justice to declare an emergency and administer the judicial branch of government with public funds not to exceed appropriations provided for the immediately preceding fiscal year if general appropriations bill for the legislative branch is not enacted; restrict authorizations to maximum of one fiscal year; require investment of revenues received in excess of appropriations.
HFA (5, G. Stumbo) - Create a new section of KRS Chapter 48 to permit the Governor to declare an emergency and administer the government with public funds not to exceed appropriations provided for the immediately preceding fiscal year if general appropriations bill for the executive branch is not enacted; restrict authorizations to maximum of one fiscal year; require investment of revenues received in excess of appropriations.
HFA (6/Title, G. Stumbo) - Make title amendment.
(Prefiled by the sponsor(s))
Jan 4-introduced in Senate
Jan 5-to State and Local Government (S)
Mar 13-reported favorably, 1st reading, to Consent Calendar with Committee Substitute
Mar 14-2nd reading, to Rules
Mar 16-posted for passage in the Consent Orders of the Day for Friday, March 17, 2000
Mar 17-3rd reading, passed 37-0 with Committee Substitute
Mar 20-received in House
Mar 21-to State Government (H)
Mar 22-posting waived; reported favorably, 1st reading, to Calendar
Mar 23-2nd reading, to Rules; posted for passage in the Regular Orders of the Day for Friday, March 24, 2000; floor amendment (1) filed
Mar 24-floor amendments (2) and (3) filed
Mar 29-floor amendments (4) (5) and (6-title) filed ; 3rd reading, passed 69-27 with floor amendments (1) and (2) ; received in Senate; posted for passage for concurrence in House floor amendments (1) and (2) ; Senate refused to concur in House floor amendments (1) and (2) ; received in House
Apr 11-returned to Senate at the request of the Senate
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