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HB 661 KY
Passed One Chamber

AN ACT relating to pension spiking in the Kentucky Public Pensions Authority.

KY · session 2024RS · Assembly / House · bill

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Introduced Feb 22, 2024

Latest action (Mar 13, 2024) to Committee on Committees (S)

Summary

Amend KRS 61.598 to exempt from the pension spiking provisions any increases in rates of pay authorized or funded by the legislative or administrative body of an employer or mandated in a collective bargaining agreement approved by the legislative body of the employer that are provided to members of the Kentucky Employees Retirement System, the County Employees Retirement System, or the State Police Retirement System.

Sponsors (2)
  • J. Blanton Republican · primary
  • D. Graham · primary

Action history (9)
  1. Feb 22, 2024 introduced in House · lower
  2. Feb 22, 2024 to Committee on Committees (H) · lower
  3. Mar 6, 2024 to State Government (H) · lower
  4. Mar 7, 2024 reported favorably, 1st reading, to Calendar · lower
  5. Mar 8, 2024 2nd reading, to Rules · lower
  6. Mar 8, 2024 posted for passage in the Regular Orders of the Day for Monday, March 11, 2024 · lower
  7. Mar 12, 2024 3rd reading, passed 95-0 · lower
  8. Mar 13, 2024 received in Senate · upper
  9. Mar 13, 2024 to Committee on Committees (S) · upper
Subjects
Actuarial AnalysisLocal MandateRetirement and PensionsState AgenciesState Employees

Text versions (2)

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.

  • Current/Final · PDF
  • Introduced · PDF

Full text

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