Last Action | 02/28/20: to State & Local Government (S) |
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Title | AN ACT relating to the state-administered retirement systems. |
Bill Documents | Introduced |
Fiscal Impact Statement | Actuarial Analysis |
Bill Request Number | 1863 |
Sponsor | J. Higdon |
Summary of Original Version | Amend KRS 21.540, 61.645, and 161.250 to require the state-administered retirement systems to publicly disclose by asset class, instead of at the manager level, the dollar value of all fees and commissions paid to managers and partnerships, including but not limited to profit sharing, carried interest, and any other partnership incentive arrangements; require that, in addition to contracts and offering documents, all renewals or modifications of those contracts for services, goods, or property be made publicly available if purchased or utilized by the retirement system for fiscal years beginning on or after July 1, 2017; require that information withheld from public disclosure under existing statutory exemptions be redacted under a process approved by the retirement board. |
Index Headings of Original Version |
Actuarial Analysis - Staste-administered retirement systems, contracts and investment fees, public disclosure of Public Officers and Employees - State-administered retirement systems, contracts and investment fees, public disclosure of Public Records and Reports - State-administered retirement systems, contracts and investment fees, public disclosure of Retirement and Pensions - State-administered retirement systems, contracts and investment fees, public disclosure of State Agencies - State-administered retirement systems, contracts and investment fees, public disclosure of |
02/26/20 |
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02/28/20 |
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Last updated: 10/27/2020 12:10 PM (EDT)
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