Last Action | 03/26/19: signed by Governor (KY Acts ch. 161) |
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Title | AN ACT relating to the contracting or reemployment of retired state and local employees. |
Bill Documents |
Acts Chapter 161
Current/Final Introduced |
Fiscal Impact Statement | Actuarial Analysis |
Bill Request Number | 1041 |
Sponsor | B. Rowland |
Summary of Original Version | Amend KRS 61.590 and 61.637 to require Kentucky Retirement Systems (KRS) members to certify at the time of retirement that no prearranged agreement exists between the member and any participating agency, rather than requiring the certification upon reemployment; provide that no benefit payments shall be made until the member completes the certification; Amend KRS 61.637 to provide that a retired/reemployed member shall not be required to notify the systems if reemployment, contracting, volunteering, or serving as a leased employee first occurs with a participating agency after a period of 12 months following the member's initial retirement date; provide that employers shall not be required to certify whether a prearranged agreement existed for a retiree to return with the employer if the reemployment occurs after 12 months following retirement; provide that employment that is accepted by the employee after 12 months following retirement shall not constitute a prearranged agreement; provide that if retiree is reemployed on contract or as a leased employee with a participating agency within 3 months following retirement and the systems determines the period of employment does not qualify as a contractor or leased employee, then the systems will void the members retirement; provide that if retiree is reemployed on contract or as a leased employee with a participating agency after 3 but within 12 months following retirement and the systems determines the period of employment does not qualify as a contractor or leased employee, and that a prearranged agreement existed for the retiree to return to work, then the systems will void the members retirement; provide that if reemployment as a contract or leased employee takes place after 12 months following retirement, the member shall continue to draw his or her retirement allowance and shall not be required to notify the systems or submit any documentation; require the systems to issue a final determination regarding prearranged agreements or a member's status as an independent contractor/leased employee within 30 days of submitting all required information; require KRS to promulgate administrative regulations to implement these provisions. |
Index Headings of Original Version |
Retirement and Pensions - Kentucky Retirement Systems, reemployment after retirement certifications and requirements State Agencies - Kentucky Retirement Systems, reemployment after retirement certifications and requirements State Employees - Kentucky Retirement Systems, reemployment after retirement certifications and requirements Actuarial Analysis - Kentucky Retirement Systems, reemployment after retirement certifications and requirements |
Votes | Vote History |
02/19/19 |
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02/20/19 |
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02/22/19 |
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02/27/19 |
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02/28/19 |
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03/01/19 |
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03/04/19 |
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03/05/19 |
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03/06/19 |
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03/07/19 |
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03/12/19 |
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03/13/19 |
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03/14/19 |
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03/26/19 |
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Last updated: 11/9/2023 3:07 PM (EST)