26RS SB 70

Senate Bill 70

Actions

Last Action	01/12/26: to Committee on Committees (S)
Title	AN ACT relating to the Public Pension Oversight Board.
Bill Documents	Introduced
Bill Request Number	1681
Sponsor	J. Higdon
Summary of Original Version	Amend KRS 7A.220 to amend the membership and membership qualifications of the Public Pension Oversight Board by adding the chairs or vice chairs of the Senate State & Local Government Standing Committee and House State Government Standing Committee to the board, adding the State Treasurer to the membership, removing 1 of the gubernatorial appointees from the membership, and amending "retirement experience" requirements for appointed members to include experience in retirement plan management or policy by a former elected official; make technical and conforming changes; amend KRS 7A.255 to require the Kentucky Public Pensions Authority to annually report line of duty death benefit payments to the Public Pension Oversight Board in addition to line of duty disability benefit payments; make technical amendments; EFFECTIVE, in part, January 1, 2027.
Index Headings of Original Version	Boards And Commissions - Public Pension Oversight Board, membership, qualifications Effective Dates, Delayed - Public Pension Oversight Board, membership, qualifications, January 1, 2027 General Assembly - Kentucky Public Pensions Authority, reporting, line of duty death benefits General Assembly - Public Pension Oversight Board, membership, qualifications Governor - Public Pension Oversight Board, membership, qualifications Legislative Research Commission - Kentucky Public Pensions Authority, reporting, line of duty death benefits Legislative Research Commission - Public Pension Oversight Board, membership, qualifications Reports Mandated - Kentucky Public Pensions Authority, reporting, line of duty death benefits Retirement And Pensions - Kentucky Public Pensions Authority, reporting, line of duty death benefits Retirement And Pensions - Public Pension Oversight Board, membership, qualifications State Agencies - Kentucky Public Pensions Authority, reporting, line of duty death benefits