Senate Bill 242

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Last Action recommitted to State & Local Government (S)
Title AN ACT relating to cost-of-living adjustments for pension plans for former cities of the third class.
Bill Documents Introduced
Impact Statements Local Mandate
Bill Request Number 1346
Sponsor D. Ridley
Summary of Original Version Amend KRS 90.410, 95.560, and 95.624 to allow former cities of the third class adopting a pension fund program prior to August 1, 1988, to provide an annual cost-of-living adjustment in an amount equal to the increase in the cost-of-living increase for a recipient of Social Security or the increase in the consumer price index as computed by the Department of Local Government up the current maximum of five percent.
Index Headings of Original Version Retirement and Pensions - Cities,cost-of-living adjustments
Cities - Retirement and pensions, cost-of-living adjustments
Cities, Home Rule Class - Retirement and pensions,cost-of-living adjustments
Local Mandate - Retirement and pensions, cost-of-living adjustments

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02/16/17
  • introduced in Senate
02/21/17
  • to State & Local Government (S)
02/23/17
  • reported favorably, 1st reading, to Consent Calendar
02/24/17
  • 2nd reading, to Rules
03/15/17
  • recommitted to State & Local Government (S)


Last updated: 1/16/2019 3:02 PM (EST)