26RS SB 127

Actions

Last Action	01/27/26: to Committee on Committees (S)
Title	AN ACT relating to actuarial costs of annual leave payments in the Teachers' Retirement System.
Bill Documents	Introduced
Fiscal Impact Statement	Actuarial Analysis
Bill Request Number	139
Sponsor	J. Higdon
Summary of Original Version	Amend KRS 161.540 to specify payment obligations for the inclusion of annual leave payments in a retiring member's pension benefits from the Teachers' Retirement System (TRS) by requiring the state to pay the actuarial costs for annual leave accrued through July 31, 2026, and the last employer pay the actuarial costs for annual leave accrued on or after August 1, 2026.
Index Headings of Original Version	Education, Elementary And Secondary - Teachers' Retirement System, annual leave, retirement costs Retirement And Pensions - Teachers' Retirement System, annual leave, retirement costs Teachers - Teachers' Retirement System, annual leave, retirement costs Education, Higher - Teachers' Retirement System, annual leave, retirement costs Universities And Colleges - Teachers' Retirement System, annual leave, retirement costs Actuarial Analysis - Teachers' Retirement System, annual leave, retirement costs