Last Action | 01/27/20: to State & Local Government (S) |
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Title | AN ACT relating to dually employed retirement system members. |
Bill Documents |
Current/Final
Introduced |
Fiscal Impact Statements |
Actuarial Analysis
Additional Fiscal Impact Statements Exist |
Bill Request Number | 224 |
Sponsors | J. Tipton, D. Graham, J. Graviss |
Summary of Original Version | Amend KRS 61.545 to provide that if a member is working in a regular full-time hazardous duty position that participates in the Kentucky Employees Retirement System or the County Employees Retirement System and is simultaneously employed in a nonhazardous position that is not considered regular full-time, the member shall participate solely as a hazardous duty member and shall not participate under the nonhazardous position unless he or she makes an election within 30 days of taking employment in the nonhazardous position; amend KRS 61.680 to conform; specify that provisions shall only apply to prospective nonhazardous employment occurring on or after the effective date of the Act. |
Index Headings of Original Version |
Actuarial Analysis - Retirement, impact of part-time nonhazardous employment on full-time hazardous member's retirement Public Officers and Employees - Retirement, impact of part-time nonhazardous employment on full-time hazardous member's retirement Retirement and Pensions - Impact of part-time nonhazardous employment on full-time hazardous member's retirement State Agencies - Kentucky Retirement Systems, part-time nonhazardous employment, full-time hazardous members Actuarial Analysis - Retirement, impact of part-time nonhazardous employment on full-time hazardous member's retirement |
Jump to Proposed Amendments | House Committee Substitute 1 with Fiscal Impact Statements |
Votes | Vote History |
11/12/19 |
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01/07/20 |
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01/13/20 |
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01/16/20 |
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01/17/20 |
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01/22/20 |
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01/23/20 |
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01/24/20 |
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01/27/20 |
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Amendment | House Committee Substitute 1 |
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Fiscal Impact Statement | Actuarial Analysis to House Committee Substitute 1 |
Summary | Retain original provisions, except to specify that the part-time nonhazardous employment must be with a different participating employer and that the provisions shall only apply to initial employment in a part-time nonhazardous position. |
Index Headings |
Public Officers and Employees - Retirement, impact of part-time nonhazardous employment on full-time hazardous member's retirement Retirement and Pensions - Impact of part-time nonhazardous employment on full-time hazardous member's retirement State Agencies - Kentucky Retirement Systems, part-time nonhazardous employment, full-time hazardous members |
Last updated: 10/27/2020 12:10 PM (EDT)
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