HB 406 KY
AN ACT relating to a supplemental payment for recipients of a monthly retirement allowance from the systems administered by the Kentucky Public Pensions Authority, making an appropriation therefor, and declaring an emergency.
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Summary
Appropriate $96 million from the Kentucky Permanent Pension Fund in fiscal year 2026-2027 to the Kentucky Public Pensions Authority to fund 1-time supplemental payments on July 1, 2026, to recipients of a retirement allowance who have been retired for at least 12 months from the Kentucky Employees Retirement System (KERS) and the State Police Retirement System (SPRS); allow the Board of Trustees of the County Employees Retirement System to, by board decision, provide a one-time supplemental payment to recipients of a retirement allowance who have been retired at least 12 months by increasing employer contribution rates over a one-year or two-year period; specify that the 1-time supplemental payment shall be equal to the monthly payment received by the recipient in the month of June 2026; APPROPRIATION; EMERGENCY.
Sponsors (48)
- J. Tipton Republican · primary
- J. Blanton Republican · primary
- R. Bivens Republican · primary
- E. Callaway Republican · primary
- J. Calloway Republican · primary
- M. Clines Republican · primary
- J. Decker Republican · primary
- A. Donworth Democratic · primary
- R. Duvall Republican · primary
- D. Fister Republican · primary
- P. Flannery Republican · primary
- C. Freeland Republican · primary
- C. Fugate Republican · primary
- A. Gentry Democratic · primary
- D. Gordon Republican · primary
- D. Grossberg Democratic · primary
- D. Hale Republican · primary
- T. Hampton Republican · primary
- E. Hancock Democratic · primary
- K. Holloway Republican · primary
- T. Huff Republican · primary
- M. Imes Republican · primary
- K. Jackson Republican · primary
- N. Kulkarni Democratic · primary
- W. Lawrence Republican · primary
- M. Lehman Democratic · primary
- D. Lewis Republican · primary
- S. Lewis Republican · primary
- M. Lockett Republican · primary
- S. Maddox Republican · primary
- M. Marzian Democratic · primary
- C. Massaroni Republican · primary
- B. McCool Republican · primary
- S. McPherson Republican · primary
- A. Moore Democratic · primary
- M. Pollock Republican · primary
- S. Riley Republican · primary
- R. Roarx Democratic · primary
- T. Smith Republican · primary
- S. Stalker Democratic · primary
- A. Tackett Laferty Democratic · primary
- N. Tate Republican · primary
- A. Thompson Republican · primary
- T. Truett Republican · primary
- B. Wesley Republican · primary
- R. White Republican · primary
- W. Williams Republican · primary
- N. Wilson Republican · primary
Action history (3)
- Jan 15, 2026 introduced in House · lower
- Jan 15, 2026 to Committee on Committees (H) · lower
- Jan 23, 2026 to Appropriations & Revenue (H) · lower
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