98RS HB250

HB250

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HB 250/LM/AA (BR 1247) - J. Jenkins, L. Clark, P. Clark, C. Hoffman, D. Horlander, E. Jordan, M. Marzian, S. Riggs, J. Vincent

     AN ACT relating to hazardous duty retirement.
    Amend KRS 78.510 to define final compensation for members employed in a hazardous position as the average compensation of their three highest fiscal years, rather than the five highest; amend KRS 61.592 to increase the hazardous employee contribution, for an employee of the County Employees Retirement System, from 7% to 8% to partially offset cost of the improved benefit.

HB 250 - AMENDMENTS


     SCS/LM/AA - Retain original provisions and provide that the final compensation of members of the State Police Retirement System shall be based on the three best years rather than the five best years; increase employee contribution rate from 7% to 8% to partially offset the cost.
     SFA (1/LM, P. Herron Jr) - Amend KRS 95.560 and 95.624 to provide that in cities of the third class which have their own retirement systems the cost of living increase for police and fire shall be the annual increase to the Social Security benefits rather than the CPI as calculated in KRS 64.527, not to exceed 5%.

     Jan 12-introduced in House
     Jan 13-to Counties and Special Districts (H)
     Jan 14-posted in committee
     Jan 28-reported favorably, 1st reading, to Consent Calendar
     Jan 29-2nd reading, to Rules
     Feb 3-posted for passage in the Regular Orders of the Day for February 4, 1998
     Feb 11-3rd reading, passed 96-0
     Feb 12-received in Senate
     Feb 17-to State and Local Government (S)
     Mar 12-reported favorably, 1st reading, to Consent Calendar with Committee Substitute
     Mar 13-2nd reading, to Rules
     Mar 16-floor amendment (1) filed to Committee Substitute
     Mar 17-floor amendment (1) withdrawn
     Mar 18-posted for passage in the Consent Orders of the Day for March 20, 1998
     Mar 20-3rd reading, passed 37-0 with Committee Substitute; received in House; posted for passage for concurrence in Senate amendment
     Mar 24-House concurred in Senate Committee Substitute; passed 95-0
     Mar 25-enrolled, signed by each presiding officer, delivered to Governor
     Apr 3-signed by Governor


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