HB 445 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.
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Summary
Appropriate $221.4 million, $18.7 million, and $16 million in fiscal year 2026-2027 for the Kentucky Employees Retirement System (KERS) nonhazardous pension fund, the KERS hazardous pension fund, and the State Police Retirement System pension fund, respectively, to provide a one-time 2% COLA effective July 1, 2026; APPROPRIATION; EMERGENCY.
Sponsors (3)
- E. Hancock Democratic · primary
- B. Chester-Burton Democratic · primary
- W. Lawrence Republican · primary
Action history (3)
- Jan 21, 2026 introduced in House · lower
- Jan 21, 2026 to Committee on Committees (H) · lower
- Jan 29, 2026 to State Government (H) · lower
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