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HB 20 KY
Introduced

AN ACT relating to a cost-of-living increase to the retirement benefits for retired state employees, making an appropriation therefor, and declaring an emergency.

KY · session 2024RS · Assembly / House · bill

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Introduced Jan 2, 2024

Latest action (Jan 2, 2024) to Committee on Committees (H)

Summary

Appropriate $227 million, $17 million, and $17 million in fiscal year 2024-2025 to the Kentucky Public Pensions Authority to fund a one-time two percent cost-of-living adjustment effective July 1, 2024, for Kentucky Employees Retirement System nonhazardous and hazardous duty recipients, and for State Police Retirement System recipients, respectively; APPROPRIATION; EMERGENCY.

Sponsors (15)

Action history (2)

  1. Jan 2, 2024 introduced in House · lower
  2. Jan 2, 2024 to Committee on Committees (H) · lower
Subjects
Actuarial AnalysisAppropriationsBudget and Financial AdministrationEffective Dates, EmergencyPolice, StateRetirement and PensionsState Employees

Text versions (1)

The published texts of this bill as it moves through the legislature. Each links to the official document on the state legislature site. Data from OpenStates.

  • Introduced · PDF

Full text

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Data from OpenStates. View on OpenStates →