HB 642 KY

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Became Law

Amend KRS 161.520 to remove the requirement for dependent children over the age of 18 to have their mental or physical condition approved by a majority of a medical review committee to receive survivor benefits; amend KRS 161.605 to raise the minimum amount a retired reemployed member may earn per day from $170 to $200, remove the provision for returning to work 1 month earlier if the member forfeits 1 month of their retirement benefit, reinstate the pension waiver program and prohibit members returning to work under its provisions from returning to work as administrators, and make technical changes; amend KRS 161.608 to clarify that the Teachers' Retirement System (TRS) will acknowledge a member's earliest participation date in another state administered retirement system to determine benefit tier; amend KRS 161.620 to allow a member who is a parent to apply for and manage payments to a disabled child without necessity of a court order or other legal authority; amend KRS 161.635 and 161.636 to allow TRS to offer index fund investment options to university and nonuniversity members, to annuitize the investment return on the supplemental benefit applied to the index funds not to exceed 6.1% if there is no COLA in a given year or 4.6% if there is a COLA in the given year, allow TRS to promulgate administrative regulations to establish procedures for disbursements from the supplemental benefit component, and establish that neither the TRS board or staff shall be liable for any losses or claims due to a member's election of an index fund and state that members have the sole responsibility for their investment decisions.

• J. Tipton Republican · primary
• B. Chester-Burton Democratic · primary

1. Feb 13, 2026 introduced in House · lower
2. Feb 13, 2026 to Committee on Committees (H) · lower
3. Feb 23, 2026 to State Government (H) · lower
4. Mar 12, 2026 reported favorably, 1st reading, to Calendar with Committee Substitute (1) · lower
5. Mar 13, 2026 2nd reading, to Rules · lower
6. Mar 16, 2026 posted for passage in the Regular Orders of the Day for Tuesday, March 17 2026 · lower
7. Mar 18, 2026 3rd reading, passed 96-0 with Committee Substitute (1) · lower
8. Mar 19, 2026 received in Senate · upper
9. Mar 19, 2026 to Committee on Committees (S) · upper
10. Mar 24, 2026 to State & Local Government (S) · upper
11. Mar 25, 2026 reported favorably, 1st reading, to Consent Calendar with Committee Substitute (1) and Committee Amendment (1-title) · lower
12. Mar 26, 2026 2nd reading, to Rules as a consent bill · lower
13. Mar 26, 2026 posted for passage in the Consent Orders of the Day for Friday, March 27 2026 · lower
14. Mar 31, 2026 3rd reading · lower
15. Mar 31, 2026 committee substitute (1) withdrawn · lower
16. Mar 31, 2026 committee amendment (1) withdrawn · lower
17. Mar 31, 2026 received in House · lower
18. Mar 31, 2026 passed 37-1 · lower
19. Apr 1, 2026 enrolled, signed by Speaker of the House · lower
20. Apr 1, 2026 enrolled, signed by President of the Senate · upper
21. Apr 1, 2026 delivered to Governor · lower
22. Apr 7, 2026 signed by Governor (Acts Ch. 34) · lower