House Bill 483

Actions
Last Action 02/10/21: to Committee on Committees (H)
Title AN ACT relating to the investment of funds by the Kentucky Retirement Systems' and County Employees Retirement System's boards of trustees.
Bill Documents Introduced
Fiscal Impact Statement Actuarial Analysis
Bill Request Number 1705
Sponsor D. Elliott
Summary of Original Version Amend KRS 16.642, 61.650, and 78.790 to limit the amount of assets that the boards of trustees may invest in alternative investments to not more than 25 percent of the assets in the pension and insurance funds of the State Police Retirement System, the Kentucky Employees Retirement System, and the County Employees Retirement System, respectively.
Index Headings of Original Version Police, State - SPRS, limit on the amount of assets invested in alternate investments
Retirement and Pensions - KERS, SPRS, and CERS, limit on amount of assets invested in alternative investments
State Agencies - KRS, limit on the amount of assets invested in alternative investments
State Employees - KERS, limit on the amount of assets invested in alternate investments
Counties - CERS, limit on the amount of pension and insurance assets invested in alternate investments
Actuarial Analysis - KERS, SPRS, and CERS, limit on amount of assets invested in alternative investments

Actions

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02/10/21
  • introduced in House
  • to Committee on Committees (H)


Last updated: 5/18/2021 11:08 AM (EDT)
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