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Senate Bill 209

Actions | Amendments
Last Action signed by Governor (Acts, ch. 113)
Title AN ACT relating to agencies that discontinue participation in Kentucky Retirement Systems.
Bill Documents Bill
Bill Request Number 1975
Sponsor J. Bowen
Summary of Original Version Create a new section of KRS Chapter 61 to provide that an employer ceasing participation in the Kentucky Employees Retirement System or the County Employees Retirement System as provided by KRS 61.522 that elects to provide an alternative retirement plan with mandatory employee contributions may "pick-up" the employee contributions in the alternative retirement plan so that the contributions will be made on a tax-deferred basis; amend KRS 141.010 to conform.
Index Headings of Original Version Public Officers and Employees - Retirement, agencies ceasing participation in the Kentucky Retirement Systems
Retirement and Pensions - Kentucky Retirement Systems, retirement plans established for agencies ceasing participation
State Agencies - Kentucky Retirement Systems, retirement plans established for agencies ceasing participation
Proposed Amendments House Committee Substitute 1
Votes Vote History

Actions

Top | Amendments
02/22/16
  • introduced in Senate
02/24/16
  • to State & Local Government (S)
03/02/16
  • reported favorably, 1st reading, to Consent Calendar
03/03/16
  • 2nd reading, to Rules
03/07/16
  • posted for passage in the Consent Orders of the Day for Tuesday, March 8, 2016
03/08/16
  • 3rd reading, passed 37-0
03/09/16
  • received in House
03/10/16
  • to State Government (H)
03/16/16
  • posting waived
03/17/16
  • reported favorably, 1st reading, to Consent Calendar with Committee Substitute (1)
03/18/16
  • 2nd reading, to Rules
  • posted for passage in the Consent Orders of the Day for Wednesday, March 23, 2016
03/23/16
  • 3rd reading, passed 99-0 with Committee Substitute (1)
03/24/16
  • received in Senate
03/29/16
  • posted for passage for concurrence in House Committee Substitute (1)
  • Senate concurred in House Committee Substitute (1)
  • passed 37-0
  • enrolled, signed by President of the Senate
04/01/16
  • enrolled, signed by Speaker of the House
  • delivered to Governor
04/13/16
  • signed by Governor (Acts, ch. 113)

Proposed Amendments

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Amendment House Committee Substitute 1
Summary Retain original provisions; prohibit the provisions of Section 1 of this bill from being construed as a determination or opinion as to whether an employer ceasing participation in KERS or CERS is a governmental agency eligible to establish a governmental retirement plan.
Index Headings Public Officers and Employees - Retirement, agencies ceasing participation in the Kentucky Retirement Systems
Retirement and Pensions - Kentucky Retirement Systems, retirement plans established for agencies ceasing participation
State Agencies - Kentucky Retirement Systems, retirement plans established for agencies ceasing participation

Last updated: 1/16/2019 3:08 PM (EST)