Kentucky
General Assembly

02/27/08	introduced in House
02/28/08	to State Government (H)
03/04/08	posted in committee
03/06/08	reported favorably, 1st reading, to Calendar with Committee Substitute
03/07/08	2nd reading, to Rules
03/10/08	floor amendment (1) filed to Committee Substitute
03/11/08	floor amendment (2) filed to Committee Substitute
03/13/08	posted for passage in the Regular Orders of the Day for Friday, March 14, 2008

Amendment	House Committee Substitute 1
Impact Statements	Actuarial Analysis Local Mandate
Summary	Retain original provisions except to provide additional language to clarify the types of service credit used to determine if the elected official is eligible for the retirement window.
Index Headings	Retirement and Pensions - KERS, high-three final compensation and 2.2 percent benefit factor window extension State Employees - Retirement, high-three final compensation and 2.2 percent benefit factor window extension Actuarial Analysis - Retirement, high-three final compensation and 2.2 percent benefit factor window extension Local Mandate - Retirement, high-three final compensation and 2.2 percent benefit factor window extension Retirement and Pensions - CERS, high-three final compensation window extension

Amendment	House Floor Amendment 1
Sponsor	C. Rollins II
Summary	Delete original provisions, and amend KRS 61.510 to extend the high-three final compensation window set to expire January 1, 2009, for those state employees eligible for the benefit based upon service credit as of December 31, 2008; amend KRS 61.595 to extend the 2.2 percent benefit factor window set to expire January 31, 2009, for those state employees eligible for the benefit based upon service credit as of December 31, 2008 ; amend KRS 78.510 to extend the high-three final compensation window set to expire January 1, 2009, for those county employees eligible for the benefit based upon service credit as of December 31, 2008.
Index Headings	Retirement and Pensions - KERS, high-three final compensation and 2.2 percent benefit factor window extension State Employees - Retirement, high-three final compensation and 2.2 percent benefit factor window extension Actuarial Analysis - Retirement, high-three final compensation and 2.2 percent benefit factor window extension Local Mandate - Retirement, high-three final compensation and 2.2 percent benefit factor window extension Retirement and Pensions - CERS, high-three final compensation window extension

Amendment	House Floor Amendment 2
Sponsor	G. Stumbo
Summary	Retain original provisions except to clarify the provisions do not apply to elected members of the General Assembly or the Judiciary and to make technical amendments.
Index Headings	Retirement and Pensions - KERS, high-three final compensation and 2.2 percent benefit factor window extension State Employees - Retirement, high-three final compensation and 2.2 percent benefit factor window extension Actuarial Analysis - Retirement, high-three final compensation and 2.2 percent benefit factor window extension Local Mandate - Retirement, high-three final compensation and 2.2 percent benefit factor window extension Retirement and Pensions - CERS, high-three final compensation window extension