03RS HB320

HB320

WWW Version


HB 320/AA (BR 1317) - C. Siler, C. Miller, T. Couch, C. Embry Jr, K. Hall, R. Nelson

     AN ACT relating to purchase of service credit in the Kentucky Teachers' Retirement System.
     Amend KRS 161.549 to provide that members of the Teachers' Retirement System who wish to purchase retirement service credit for service as Head Start teachers shall have the actuarial cost calculated on the basis of the actuarial cost at the time the Head Start service was earned.

HB 320 - AMENDMENTS


     HCS/AA - Delete original provisions; permit members of the Kentucky Teacher Retirement System with Head Start experience to purchase service credit under the same conditions that out-of-state service credit may be purchased under KRS 161.515.

     HFA (1, J. Draud) - Create a new section of KRS 161 to permit members of the Kentucky Teachers' Retirement System to purchase service credit of up to four years for teaching in private colleges and universities in Kentucky that accept students under the Kentucky Higher Education Assistance Authority or the Kentucky Education Excellence Scholarship program.

     HFA (2, C. Siler) - Limit the years of service that may be purchased by Head Start teachers to a maximum of seven years.

     HFA (3, J. Draud) - Create a new section of KRS Chapter 161 to permit members of the Kentucky Teachers' Retirement System to purchase service credit up to four years for teaching in private colleges and universities in Kentucky that accept students under the Kentucky Higher Education Assistance Authority or the Kentucky Educational Excellence Scholarship program.

     HFA (4/Title, J. Draud) - Make title amendment.

     Feb 4-introduced in House
     Feb 5-to Education (H)
     Feb 10-posted in committee
     Feb 12-reported favorably, 1st reading, to Calendar with Committee Substitute
     Feb 13-2nd reading, to Rules; floor amendment (1) filed to Committee Substitute
     Feb 19-floor amendment (2) filed to Committee Substitute
     Feb 21-posted for passage in the Regular Orders of the Day for Monday, February 24, 2003; floor amendment (3) filed to Committee Substitute, floor amendment (4-title) filed
     Feb 24-3rd reading, passed 93-0 with Committee Substitute, floor amendments (2) (3) and (4-title)
     Feb 25-received in Senate
     Feb 27-to State and Local Government (S)


Kentucky Legislature Home Page | Record Front Page