06RS HB10

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Includes opposite chamber sponsors where requested by primary sponsors of substantially similar bills in both chambers and jointly approved by the Committee on Committees of both chambers. Opposite chamber sponsors are represented in italics.

HB 10/AA (BR 43) - M. Henley

AN ACT relating to retirement.
Amend KRS 61.542 to allow a member to change beneficiary to the member's estate after the first retirement allowance payment is issued; prohibit adjustment of retirement allowance.

HB 10 - AMENDMENTS

HCS - Delete subsection 6; add new subsection 6 to allow retired member to change beneficiary to estate one time only after first retirement allowance; prohibit retired member from changing beneficiary from estate after making an election; require an election to be implemented in the same manner as subsection 5(a); require no change in member's retirement payment option or monthly retirement allowance.

     (Prefiled by the sponsor(s).)

     Sep 7-To: Interim Joint Committee on State Government
     Jan 3-introduced in House; to State Government (H)
     Mar 2-posted in committee
     Mar 7-reported favorably, 1st reading, to Calendar with Committee Substitute
     Mar 8-2nd reading, to Rules
     Mar 14-posted for passage in the Regular Orders of the Day for Wednesday, March 15, 2006; taken from the Regular Orders of the Day; recommitted to Appropriations and Revenue (H)

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