15RS Senate Bill 194

Senate Bill 194

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	1288
Sponsor	W. Schroder
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 any felony relating to his or her duties as a judge or justice, or who is convicted of a Class A, B, or C 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 and interest; require the Administrative Office of the Courts to notify the Judicial Retirement Plan when a current or former judge or justice is convicted 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 of any felony relating to his or her duties as a public servant, or who is convicted of a Class A, B, or C 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 and interest; require the employer to notify the respective retirement system or plan when a current or former public servant is convicted of a crime subject to one of the sections; amend KRS 6.505,16.652, 21.360, 21.470, 21.480, 61.690, 61.692, 78.852, 161.530, 161.700, and 161.714 to conform.
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 Actuarial Analysis - Retirement, 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

02/13/15	introduced in Senate
02/19/15	to State & Local Government (S)