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HB 234/LM/AA (BR 1199) - M. Long, Ro. Adams, J. Barrows, J. Coleman, G. Graham
AN ACT relating to retirement.
Amend KRS 16.505 to clarify that "creditable compensation" means salary and wages includable on the member's federal W-2 and tax statements, that "act in the line of duty" for members under KRS 61.592 means principal duties, that "fiscal year" means the plan year which is July 1 through June 30, and that "participating" means currently earning service credit, not currently contributing; amend KRS 16.520 to redefine system participation; amend KRS 16.582 to tie the definition of "reasonable accommodation" to the federal code, to reference the definitions section to define "last day of paid employment," and to clarify the meaning of reemployment; amend KRS 16.596 to permit the board's medical examiner to recommend, in some cases, disability medical examinations once every five years; amend KRS 16.645 to include reference to hazardous duty positions in KRS 61.592; amend KRS 61.510 to clarify that "creditable compensation" means salary and wages includable on the member's federal W-2 and tax statements, that "fiscal year" also means plan year, and that "participating" means currently earning service credit, not currently contributing; amend KRS 61.525 to redefine system participation; amend KRS 61.545 to provide that school board employers and employees may pay the cost of service purchase and to standardize the appropriation of service credit for persons simultaneously eligible for membership in more than one KRS system; amend KRS 61.552 to allow members to purchase out-of-state service (hazardous and nonhazardous) in the system in which the employee is vested, to purchase entitled service which was not reported, and to purchase service with an agency that would have been eligible to participate in Kentucky Retirement Systems but which did not participate and was later merged with or taken over by a participating department or county; amend KRS 61.555 to clarify meaning of "reemployed"; amend KRS 61.600 to reference the definitions section to define "last day of paid employment," to tie the definition of "reasonable accommodation" to the federal code, and to clarify the meaning of "reemployment"; amend KRS 61.605 to limit the service for determining disability benefits to 27 years for persons hired after July 15, 1998; amend KRS 61.610 to permit the board's medical examiner to recommend, in some cases, disability medical examinations once every five years; amend KRS 61.625 to clarify when a member may receive a contribution refund and include layoffs of 90 days or more; amend KRS 61.645 to exempt board contracts from the provisions of KRS Chapters 45 and 45A, board employees from being considered as legislative agents (re: KRS 6.611), board legal services from limitations of KRS Chapter 12 and 13B, and board investment-related expenditures from budget requirements of KRS Chapter 48; amend KRS 61.650 to limit the public availability of certain real estate documents until property has been acquired or sold; amend KRS 61.665 to clarify that all disability forms must be physically filed at the retirement office rather than "submitted"; amend KRS 61.675 to require nonexecutive branch (state government) agencies to file contribution reports by the end of the month following the end of the period being reported and provide financial penalty for failure to do so; amend KRS 61.680 to allow Legislators' Retirement Plan service to count toward the combined service needed to qualify for retirement; amend KRS 61.702 to redefine board payment of a retiree's health insurance to allow partial payment of premiums and to provide hazardous dependent coverage based on the actual hazardous service; amend KRS 78.510 to clarify that "creditable compensation" means salary and wages includable on the member's federal W-2 and tax statements, that "fiscal year" also means plan year, that "temporary" also means probationary, and that "participating" means currently earning service credit, not currently contributing; amend KRS 78.540 to redefine participating; amend KRS 78.615 to require school boards to submit reports no later than 20 days after the completion of the fiscal year and provide a $1,000 penalty for failure to do so plus additional late fees; amend KRS 78.616 to allow employers to pay 50 percent of the sick-leave conversion cost for its employees (for sick leave in excess of six months); and amend KRS 78.625 to provide that the interest charged be determined by the board rather than a flat 8 percent.
HB 234 - AMENDMENTS
HCS/LM/AA - Retain original provisions of the bill and add the provision to establish reciprocity between all state-administered retirement systems to prorate the cost of a member's health insurance if that member receives a pension from more than one state-administered retirement system.
HFA (1/FN/AA, J. Vincent) - Index the Retirement Systems' monthly contribution for retiree health insurance to the state cost of the Kentucky Kare Standard High Plan rate.
HFA (2/AA, J. Jenkins) - Delete provisions of Section 20 relating to board determination of monthly contributions from the Kentucky Retirement Systems' insurance fund used to pay for recipient benefits which are equal to state employees; delete provisions relating to the full payment of monthly health insurance contributions for retirees by the Kentucky Retirement Systems' insurance fund; make conforming technical changes.
HFA (3/FN/AA, R. Damron) - Add new sections to the original bill to amend KRS 61.555 to permit members of the KERS and State Police Retirement System to purchase one month of retirement credit for every 6 months of service in the military reserves or National Guard, amend KRS 161.507 to permit members of the Teachers' Retirement System to make a similar purchase of military service credit.
HFA (4/FN/AA, J. Vincent) - Index the Retirement Systems' monthly contribution for retiree health insurance to the state cost of the Kentucky Kare Standard High Plan rate, or its equivalent.
SCS/LM/AA - Retain original provisions of the bill and provide that the purchase of reserve and National Guard time shall be by paying the full actuarial cost rather than a percentage of the cost; allow membership for certain employees of the community college system, if desired; allow persons who retire and are reemployed by the same system to be reemployed and still receive their pension; allow a member of one of the state-administered plans who ceases to contribute to the plan as provided in KRS 21.360 and who is employed in a non-elected position by an agency participating in the Kentucky Retirement Systems to be deemed to have elected membership in the system in which the employer of the non-elected position participates; and allow such a person who is not employed in a non-elected position to be deemed to have elected membership in the Kentucky Employees Retirement System; and correct internal references.
Jan 9-introduced in House
Jan 12-to State Government (H)
Jan 16-posted in committee
Jan 27-reported favorably, 1st reading, to Calendar with Committee Substitute
Jan 28-2nd reading, to Rules
Jan 29-posted for passage in the Regular Orders of the Day for February 2, 1998
Feb 3-floor amendments (1) (2) and (3) filed to Committee Substitute
Feb 4-floor amendment (4) filed to Committee Substitute
Feb 18-3rd reading, passed 93-0 with Committee Substitute and Floor Amendments (2) and (3)
Feb 19-received in Senate
Feb 20-to State and Local Government (S)
Feb 26-reported favorably, 1st reading, to Consent Calendar with Committee Substitute
Feb 27-2nd reading, to Rules
Mar 2-posted for passage in the Consent Orders of the Day for March 4, 1998
Mar 4-3rd reading, passed 37-1 with Committee Substitute
Mar 5-received in House; posted for passage for concurrence in Senate amendment
Mar 12-House concurred in Senate Committee Substitute; passed 92-0
Mar 13-enrolled, signed by Speaker of the House
Mar 16-enrolled, signed by President of the Senate; delivered to Governor
Mar 25-signed by Governor
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