Kentucky House Bill 273 (Prior Session Legislation)

---

Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on February 9 2017 - 25% progression, died in committee
Action: 2017-02-13 - to State Government (H)
Pending: House State Government Committee
Text: Latest bill text (Draft #1) [PDF]

Create a new section of KRS 6.145 to 6.237 to allow individuals who become a member of the General Assembly on or after April 1, 2017, to make a one-time irrevocable election to not participate in the Legislators' Retirement Plan or the Kentucky Employees Retirement System for their service to the General Assembly; allow members of the General Assembly who began contributing to the Legislators' Retirement Plan or the Kentucky Employees Retirement System on or after December 31, 2014, but prior to April 1, 2017, to make a one-time irrevocable election by December 31, 2017, to discontinue participation in the Legislators' Retirement Plan or the Kentucky Employees Retirement System for their service to the General Assembly and receive a refund of accumulated contributions; provide that the election to not participate or discontinue participation in the Legislators' Retirement Plan or the Kentucky Employees Retirement System shall apply to all future service of the General Assembly; amend KRS 6.505, 61.510, and 61.525 to conform; EMERGENCY.

AN ACT relating to retirement benefit participation for members of the General Assembly and declaring an emergency.

Sen. Robert Mills [R]

Rep. William Wells [R]

Date	Chamber	Action
2017-02-13	House	to State Government (H)
2017-02-09	House	introduced in House

Type	Source
Summary	http://www.lrc.ky.gov/record/17RS/HB273.htm
Text	http://www.lrc.ky.gov/recorddocuments/bill/17RS/HB273/bill.pdf
Supplement	http://www.lrc.ky.gov/recorddocuments/note/17RS/HB273/FN.pdf