14RS Senate Bill 93

Senate Bill 93

Actions

Last Action	to State & Local Government (S)
Title	AN ACT relating to forfeiture of retirement benefits.
Bill Documents	Bill
Impact Statements	Actuarial Analysis
Bill Request Number	167
Sponsor	C. McDaniel
Summary of Original Version	Create a new section of KRS Chapter 21 to provide that any current or former judge or justice with an account in the Judicial Retirement Plan, who is convicted of a felony or misdemeanor relating to his or her duties as a judge or justice, or who enters into a plea agreement in order to avoid felony or misdemeanor charges related to his or her duties as a judge or justice, or who is convicted of a Class A felony not related to his or duties as a judge or justice, shall cease membership in the Judicial Retirement Plan and forfeit all rights and benefits earned in the Judicial Retirement Plan except for a return of his or her individual contributions less interest and restitutions or fines required to be paid by a court order; provide that the forfeiture of benefits shall apply to any judge or justice regardless of his or her participation date in a state-administered retirement system; require the Administrative Office of the Courts to notify the Judicial Retirement Plan when a current or former judge or justice is convicted or enters into a plea agreement to avoid conviction, of a crime subject to the provisions of this section; amend KRS 6.696, 61.535, and 161.470 to provide that any member or retired member of the Legislators' Retirement Plan, the Kentucky Employees Retirement System, the County Employees Retirement System, the State Police Retirement System, or the Kentucky Teachers' Retirement System, who is convicted or a felony or misdemeanor relating to his or her duties as a public servant, or who enters into a plea agreement in order to avoid felony or misdemeanor charges related to his or her duties as a public servant, or who is convicted of a Class A felony not related to his or duties as a public servant, shall cease membership in their respective retirement system or plan and forfeit all rights and benefits earned in those systems and plans except for a return of his or her individual contributions less interest and restitutions or fines required to be paid by a court order; provide that the forfeiture of benefits shall apply to any current or former public servant regardless of their participation date in a state-administered retirement system; require the employer to notify the respective retirement system or plan when a current or former public servant is convicted or enters into a plea agreement to avoid conviction, of a crime subject to the provisions of this section; amend KRS 6.505,16.652, 21.360, 21.470, 21.480, 61.625, 61.690, 61.692, 78.852, 161.530, 161.700, 161.714 to conform; create a noncodified section to create severability; create a noncodified section to only apply provisions of this Act to felonies, misdemeanors, and plea agreements entered into on or after the effective date of this Act.
Index Headings of Original Version	General Assembly - Retirement, forfeiture of pension benefits Judges and Court Commissioners - Retirement, forfeiture of pension benefits Public Officers and Employees - Retirement, forfeiture of pension benefits Retirement and Pensions - Judicial Form Retirement System, forfeiture of pension benefits Retirement and Pensions - Kentucky Retirement Systems, forfeiture of pension benefits Retirement and Pensions - Kentucky Teachers' Retirement System, forfeiture of pension benefits State Employees - Retirement, forfeiture of pension benefits Teachers - Retirement, forfeiture of pension benefits Actuarial Analysis - Retirement, forfeiture of pension benefits

01/23/14	introduced in Senate
01/28/14	to State & Local Government (S)