HB 76

  • Kentucky House Bill
  • 2022 Regular Session
  • Introduced in House Jan 04, 2022
  • Passed House Jan 19, 2022
  • Passed Senate Mar 30, 2022
  • Signed by Governor Apr 08, 2022

AN ACT relating to retirement.

Abstract

Amend KRS 21.440, 61.670, 78.784, and 161.400 to require the Legislators' Retirement Plan, the Judicial Retirement Plan, the Kentucky Retirement Systems, the County Employees Retirement System, and the Teachers' Retirement System to perform an actuarial investigation of economic assumptions once every two years rather than once every five years while retaining a review of demographic assumptions once every five years; amend KRS 78.784 to require the County Employees Retirement System to provide a projection/analysis over a 30-year period rather than a 20-year period regarding projections in the annual actuarial valuation and as it relates to experience studies, assumption changes, and other changes made by the boards of each system; require the first actuarial investigation of economic assumptions to occur prior to 2023 actuarial valuations.

Bill Sponsors (2)

Votes


Actions


Apr 08, 2022

House

signed by Governor (Acts Ch. 165)

Mar 30, 2022

House

delivered to Governor

Senate

enrolled, signed by President of the Senate

House

House concurred in Senate Committee Substitute (1) and committee amendment (1-title)

House

enrolled, signed by Speaker of the House

House

passed 92-1

Mar 29, 2022

House

posted for passage for concurrence in Senate Committee Substitute (1) and Committee Amendment (1-title)

Mar 25, 2022

House

received in House

House

to Rules (H)

House

3rd reading, passed 34-0 with Committee Substitute (1) and Committee Amendment (1-title)

Mar 24, 2022

House

passed over and retained in the Consent Orders of the Day

Mar 23, 2022

House

passed over and retained in the Consent Orders of the Day

Mar 21, 2022

House

posted for passage in the Consent Orders of the Day for Wednesday, March 23, 2022

Mar 17, 2022

House

2nd reading, to Rules as a consent bill

Mar 16, 2022

House

reported favorably, 1st reading, to Consent Calendar with Committee Substitute (1) and Committee Amendment (1-title)

Jan 21, 2022

Senate

to State & Local Government (S)

Jan 19, 2022

House

3rd reading, passed 97-0

Senate

to Committee on Committees (S)

Senate

received in Senate

Jan 18, 2022

House

posted for passage in the Regular Orders of the Day for Wednesday, January 19, 2022

House

2nd reading, to Rules

Jan 13, 2022

House

reported favorably, 1st reading, to Calendar

Jan 12, 2022

House

to State Government (H)

Jan 04, 2022

House

introduced in House

House

to Committee on Committees (H)

Oct 20, 2021

House

Prefiled by the sponsor(s).

Bill Text

Bill Text Versions Format
Acts Chapter 165 PDF
Current/Final PDF
Introduced PDF

Related Documents

Document Format
Proposed Senate Committee Amendment 1
Proposed Senate Committee Substitute 1

Sources

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