14RS House Bill 389

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Last Action	to State & Local Government (S)
Title	AN ACT relating to public pension actuarial reports.
Bill Documents	Bill
Impact Statements	Actuarial Analysis
Bill Request Number	1367
Sponsors	B. Yonts, S. Westrom
Summary of Original Version	Amend KRS 21.440, 61.670, and 161.400 to provide that all state-administered retirement systems shall conduct an actuarial experience study at least once every 5 years and to require the actuary certifying the results of the annual actuarial valuation and the 5 year experience study to be a fellow of the Conference of Consulting Actuaries or a member of the American Academy of Actuaries; make technical amendments.
Index Headings of Original Version	Public Officers and Employees - State-administered retirement systems, actuarial reporting requirements Retirement and Pensions - State-administered retirement systems, actuarial reporting requirements Actuarial Analysis - State-administered retirement systems, actuarial reporting requirements General Assembly - Legislators' Retirement Plan, actuarial reporting requirements
Votes	Vote History

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02/13/14	introduced in House
02/18/14	to State Government (H) posted in committee
02/20/14	reported favorably, 1st reading, to Consent Calendar
02/21/14	2nd reading, to Rules posted for passage in the Consent Orders of the Day for Wednesday, February 26, 2014
02/26/14	3rd reading, passed 99-0
02/27/14	received in Senate
03/05/14	to State & Local Government (S)