Last Action | signed by Governor (Acts Chapter 43) |
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Title | AN ACT relating to retirement. |
Bill Documents |
Bill
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Bill Request Number | 267 |
Sponsor | H. Collins |
Summary of Original Version | Amend KRS 21.540 to clarify the prohibitions established for trustees and employees of the board of the legislative and judicial retirement system and to define "de minimus". |
Index Headings of Original Version |
General Assembly - Board of trustees of judicial and legislative retirement plan, prohibitions, clarification of Judges and Court Commissioners - Board of trustees of judicial and legislative retirement plan, prohibitions, clarification of Retirement and Pensions - Board of trustees of judicial and legislative retirement plan, prohibitions, clarification of Conflict of Interest - Board of trustees of judicial and legislative retirement plan, prohibitions, clarification of |
Proposed Amendments |
House Floor Amendment 1 House Floor Amendment 2 |
Votes | Vote History |
12/13/12 |
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01/08/13 |
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02/12/13 |
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02/14/13 |
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02/15/13 |
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02/19/13 |
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02/21/13 |
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02/22/13 |
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02/25/13 |
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02/27/13 |
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03/05/13 |
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03/06/13 |
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03/07/13 |
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03/12/13 |
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03/21/13 |
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Amendment | House Floor Amendment 1 |
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Impact Statements | Actuarial Analysis |
Piggyback? | Yes |
Sponsor | J. Shell |
Summary | Retain original provisions except to make a technical correction; create a new section of KRS 61.510 to 61.705 to prohibit future members of the General Assembly from participating in the Kentucky Employees Retirement System unless they participated in the Kentucky Employees Retirement System or the Legislators' Retirement Plan as a member of the General Assembly prior to July 1, 2013; allow current members of the General Assembly participating in the Kentucky Employees Retirement System to make a one-time election to discontinue participation and to take a refund of accumulated contributions; amend KRS 6.505 to close the Legislators' Retirement Plan to new members effective July 1, 2013; allow current members of the General Assembly participating in the Legislators' Retirement Plan to make a one-time election to discontinue participation and take a refund of accumulated contributions. |
Index Headings |
General Assembly - Board of trustees of judicial and legislative retirement plan, prohibitions, clarification of Judges and Court Commissioners - Board of trustees of judicial and legislative retirement plan, prohibitions, clarification of Retirement and Pensions - Board of trustees of judicial and legislative retirement plan, prohibitions, clarification of Conflict of Interest - Board of trustees of judicial and legislative retirement plan, prohibitions, clarification of |
Amendment | House Floor Amendment 2 |
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Sponsor | D. Floyd |
Summary | Retain original provisions except amend KRS 6.525 to restrict the consolidation of accounts of new legislators in the Legislative Retirement Plan. |
Index Headings |
General Assembly - Board of trustees of judicial and legislative retirement plan, prohibitions, clarification of Judges and Court Commissioners - Board of trustees of judicial and legislative retirement plan, prohibitions, clarification of Retirement and Pensions - Board of trustees of judicial and legislative retirement plan, prohibitions, clarification of Conflict of Interest - Board of trustees of judicial and legislative retirement plan, prohibitions, clarification of |
Last updated: 8/27/2019 7:53 PM (EDT)