19SS HB 3

House Bill 3

Actions

Last Action	07/19/19: posted in committee
Title	AN ACT relating to employer contribution rates for the Kentucky Employees Retirement System for fiscal year 2019-2020, making an appropriation therefor, and declaring an emergency.
Bill Documents	Introduced
Fiscal Impact Statements	Actuarial Analysis Local Mandate
Bill Request Number	10
Sponsors	A. Hatton, A. Tackett Laferty, R. Adkins, T. Bojanowski, C. Booker, T. Branham Clark, G. Brown Jr., T. Burch, M. Cantrell, J. Donohue, K. Flood, A. Gentry, J. Glenn, D. Graham, J. Graviss, C. Harris, K. Hinkle, C. Howard, J. Jenkins, N. Kulkarni, M. Marzian, R. Meeks, R. Meyer, C. Miller, P. Minter, R. Palumbo, R. Rand, J. Raymond, D. Schamore, A. Scott, M. Sorolis, C. Stevenson, W. Stone, S. Westrom, B. Wheatley, R. Wiederstein, L. Willner
Summary of Original Version	Freeze the employer contribution rate of 49.47 percent for the fiscal year beginning on July 1, 2019, for pension and health insurance for nonhazardous duty employees participating in the Kentucky Employees Retirement System who are employed by mental health/mental retardation boards, local and district health departments, domestic violence shelters, rape crisis centers, child advocacy centers, state-supported universities and community colleges, and any other agency eligible to voluntarily cease participating in the Kentucky Employees Retirement System; APPROPRIATION; RETROACTIVE; EMERGENCY.
Index Headings of Original Version	Effective Dates, Emergency - Kentucky Employees Retirement System, employer contribution rate for quasi-governmental employees Retirement and Pensions - Kentucky Employees Retirement System, employer contribution rate for quasi-governmental employees Universities and Colleges - Kentucky Employees Retirement System, employer contribution rate for quasi-governmental employees Retroactive Legislation - Kentucky Employees Retirement System, employer contribution rate for quasi-governmental employees Appropriations - Kentucky Employees Retirement System, employer contribution rate for quasi-governmental employees Budget and Financial Administration - Kentucky Employees Retirement System, employer contribution rate for quasi-governmental employees Special Purpose Governmental Entities - Kentucky Employees Retirement System, employer contribution rate for quasi-governmental employees Actuarial Analysis - Kentucky Employees Retirement System, employer contribution rate for quasi-governmental employees Local Mandate - Kentucky Employees Retirement System, employer contribution rate for quasi-governmental employees