| Last Action | 01/05/21: to Committee on Committees (H) |
|---|---|
| Title | AN ACT relating to dually employed retirement system members. |
| Bill Documents | Introduced |
| Fiscal Impact Statement | Actuarial Analysis |
| Bill Request Number | 168 |
| Sponsors | J. Tipton, B. Wheatley |
| 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 with a different participating employer, 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 - Kentucky Retirement Systems, part-time nongazardous employment, full-time hazardous members 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 |
| 09/17/20 |
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| 01/05/21 |
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Last updated: 11/9/2023 2:52 PM (EST)