17RS Senate Bill 126

Actions

Last Action	signed by Governor (Acts, ch. 126)
Title	AN ACT relating to the final compensation calculation for state and county employees entering the retirement systems on or after September 1, 2008.
Bill Documents	Introduced
Impact Statements	Actuarial Analysis Fiscal Note
Bill Request Number	16
Sponsors	C. McDaniel, J. Schickel
Summary of Original Version	Amend KRS 16.505, 61.510 and 78.510 to define final compensation to allow state and county employees, who entered the retirement systems on or after September 1, 2008, but prior to January 1, 2014, to use partial fiscal years, which may contain less than 12 months of service credit, to reach a final compensation calculation that is at least 60 months for non-hazardous employees and at least 36 months for hazardous employees.
Index Headings of Original Version	Actuarial Analysis - Retirement, final compensation, definition Fiscal Note - Retirement, final compensation, definition Police, State - Retirement, final compensation, definition Retirement and Pensions - Final compensation, definition State Agencies - Retirement, final compensation, definition State Employees - Retirement, final compensation, definition Counties - Retirement, final compensation, definition Actuarial Analysis - Retirement, final compensation, definition
Votes	Vote History

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02/07/17	introduced in Senate
02/08/17	to Appropriations & Revenue (S)
02/21/17	reported favorably, 1st reading, to Consent Calendar
02/22/17	2nd reading, to Rules
02/24/17	posted for passage in the Consent Orders of the Day for Monday, February 27, 2017
02/27/17	3rd reading, passed 37-0
02/28/17	received in House
03/01/17	to Local Government (H)
03/03/17	posted in committee
03/06/17	posted in committee
03/07/17	taken from Local Government (H) 1st reading returned to Local Government (H)
03/08/17	reported favorably, 2nd reading, to Rules as Consent Bill
03/14/17	posted for passage in the Consent Orders of the Day for Wednesday, March 15, 2017
03/15/17	3rd reading, passed 97-0 received in Senate enrolled, signed by President of the Senate enrolled, signed by Speaker of the House delivered to Governor
03/27/17	signed by Governor (Acts, ch. 126)