| Last Action | 02/15/19: to Local Government (H) |
|---|---|
| Title | AN ACT relating to County Employees Retirement System employer contribution rates. |
| Bill Documents | Introduced |
| Fiscal Impact Statement | Actuarial Analysis |
| Bill Request Number | 1788 |
| Sponsors | J. Tipton, L. Elkins |
| Summary of Original Version | Create a new section of KRS 78.510 to 78.852 to provide that CERS employer contribution rates shall not increase by more than 12% per year over the prior fiscal year from July 1, 2018, to June 30, 2028; provide that CERS rate increase limit is retroactive to July 1, 2018. |
| Index Headings of Original Version |
Local Government - County Employees Retirement System, phase-in to full ARC Retirement and Pensions - County Employees Retirement System, phase-in to full ARC State Agencies - Kentucky Retirement Systems, CERS phase-in Actuarial Analysis - County Employees Retirement System, phase-in to full ARC |
| 02/14/19 |
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|---|---|
| 02/15/19 |
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Last updated: 11/9/2023 3:08 PM (EST)