Last Action | 04/08/22: signed by Governor (Acts Ch. 100) |
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Title | AN ACT relating to changes in pension payments due to overtime worked during a local emergency and declaring an emergency. |
Bill Documents |
Acts Chapter 100
Current/Final Introduced |
Fiscal Impact Statements |
Actuarial Analysis
Local Mandate Additional Fiscal Impact Statements Exist |
Bill Request Number | 40 |
Sponsors | J. Miller, B. Reed, K. Banta, M. Cantrell, M. Hart, C. Massey, P. Pratt, M. Prunty, S. Sheldon, S. Westrom, B. Wheatley |
Summary of Original Version | Amend KRS 61.598 to exempt from the anti-pension spiking provisions any overtime directly attributable to a local government emergency in which the Governor calls in the Kentucky National Guard; make amendments retroactive to May 30, 2020; EMERGENCY. |
Index Headings of Original Version |
Actuarial Analysis - Kentucky Public Pensions Authority, exempt overtime worked during locally declared emergencies Local Government - County Employees Retirement System, exempt overtime worked during locally declared emergencies Retirement and Pensions - Kentucky Public Pensions Authority, exempt overtime worked during locally declared emergencies State Agencies - Kentucky Public Pensions Authority, exempt overtime worked during locally declared emergencies Retroactive Legislation - BR 40 Local Mandate - Kentucky Public Pensions Authority, exempt overtime worked during locally declared emergencies |
Jump to Proposed Amendments | House Committee Substitute 1 with Fiscal Impact Statements |
Votes | Vote History |
08/11/21 |
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01/04/22 |
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01/26/22 |
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02/10/22 |
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02/11/22 |
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02/14/22 |
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02/16/22 |
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02/17/22 |
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02/22/22 |
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03/16/22 |
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03/17/22 |
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03/21/22 |
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03/24/22 |
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03/25/22 |
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03/29/22 |
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04/08/22 |
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Amendment | House Committee Substitute 1 |
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Fiscal Impact Statements |
Actuarial Analysis to House Committee Substitute 1
Local Mandate to House Committee Substitute 1 |
Summary | Retain original provisions; exempt first 100 hours of mandatory overtime worked each fiscal year from pension spiking provisions; make technical changes; specify retroactive impact; RETROACTIVE; EMERGENCY. |
Index Headings |
Effective Dates, Emergency - Pension payments, overtime worked during an emergency, exemption Local Government - County Employees Retirement System, exempt overtime worked during locally declared emergencies Retirement and Pensions - Kentucky Public Pensions Authority, exempt overtime worked during locally declared emergencies State Agencies - Kentucky Public Pensions Authority, exempt overtime worked during locally declared emergencies Retroactive Legislation - Pension payments, overtime worked during an emergency, exemption |
Last updated: 2/8/2023 2:57 PM (EST)