HB 266 KY Introduced
AN ACT relating to recontribution of a refund in the retirement systems.
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Summary
Amend KRS 61.552 to provide that recontributions of a refund to the Kentucky Employees Retirement System, County Employees Retirement System, and the State Police Retirement System, made on or before January 1, 2023, shall be used to determine a member's participation date in the systems; make retroactive back to January 1, 2014, and provide that recontributions of a refund made on or after January 1, 2014, and prior to the effective date of this Act, shall be used to determine a member's participation date in the system unless the member instructs the systems by January 1, 2023, to not use the service to determine their participation date in the systems; RETROACTIVE.
Sponsors (4)
- D. Frazier Gordon · primary
- J. Bray Republican · primary
- J. Blanton Republican · primary
- B. McCool Republican · primary
Action history (2)
- Jan 10, 2022 introduced in House · lower
- Jan 10, 2022 to Committee on Committees (H) · lower
Text versions (1)
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