House Bill 661

Actions
Last Action 03/13/24: to Committee on Committees (S)
Title AN ACT relating to pension spiking in the Kentucky Public Pensions Authority.
Bill Documents Current/Final
Introduced
Fiscal Impact Statements Actuarial Analysis
Local Mandate
Bill Request Number 1052
Sponsors J. Blanton, D. Graham
Summary of Original Version Amend KRS 61.598 to exempt from the pension spiking provisions any increases in rates of pay authorized or funded by the legislative or administrative body of an employer or mandated in a collective bargaining agreement approved by the legislative body of the employer that are provided to members of the Kentucky Employees Retirement System, the County Employees Retirement System, or the State Police Retirement System.
Index Headings of Original Version Actuarial Analysis - Retirement, legislatively authorized or funded raises from pension spiking provisions, exemption
Local Mandate - Retirement, legislatively authorized or funded raises from pension spiking provisions, exemption
Retirement and Pensions - Kentucky Public Pensions Authority, raises from pension spiking provisions, exemption
State Agencies - Kentucky Public Pensions Authority, raises from pension spiking provisions, exemption
State Employees - Retirement, legislatively authorized or funded raises from pension spiking provisions, exemption
Votes Vote History

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02/22/24
  • introduced in House
  • to Committee on Committees (H)
03/06/24
  • to State Government (H)
03/07/24
  • reported favorably, 1st reading, to Calendar
03/08/24
  • 2nd reading, to Rules
  • posted for passage in the Regular Orders of the Day for Monday, March 11, 2024
03/12/24
  • 3rd reading, passed 95-0
03/13/24
  • received in Senate
  • to Committee on Committees (S)


Last updated: 9/26/2024 1:37 PM (EDT)