KY HB76 | 2022 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 2-0)
Status: Passed on April 8 2022 - 100% progression
Action: 2022-04-08 - signed by Governor (Acts Ch. 165)
Text: Latest bill text (Chaptered) [PDF]
Spectrum: Partisan Bill (Republican 2-0)
Status: Passed on April 8 2022 - 100% progression
Action: 2022-04-08 - signed by Governor (Acts Ch. 165)
Text: Latest bill text (Chaptered) [PDF]
Summary
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.
Title
AN ACT relating to retirement.
Sponsors
Rep. Jerry Miller [R] | Rep. Ed Massey [R] |
Roll Calls
2022-03-30 - House - House: Third Reading RCS# 503 (Y: 92 N: 1 NV: 0 Abs: 7) [PASS]
2022-03-30 - House - House: Consider Motion RCS# 447 (Y: 83 N: 0 NV: 0 Abs: 17) [PASS]
2022-03-25 - Senate - Senate: Third Reading RSN# 2218 (Y: 34 N: 0 NV: 0 Abs: 4) [PASS]
2022-01-19 - House - House: Third Reading RCS# 32 (Y: 97 N: 0 NV: 0 Abs: 2) [PASS]
2022-03-30 - House - House: Consider Motion RCS# 447 (Y: 83 N: 0 NV: 0 Abs: 17) [PASS]
2022-03-25 - Senate - Senate: Third Reading RSN# 2218 (Y: 34 N: 0 NV: 0 Abs: 4) [PASS]
2022-01-19 - House - House: Third Reading RCS# 32 (Y: 97 N: 0 NV: 0 Abs: 2) [PASS]
History
Date | Chamber | Action |
---|---|---|
2022-04-08 | House | signed by Governor (Acts Ch. 165) |
2022-03-30 | House | delivered to Governor |
2022-03-30 | House | enrolled, signed by President of the Senate |
2022-03-30 | House | enrolled, signed by Speaker of the House |
2022-03-30 | House | passed 92-1 |
2022-03-30 | House | House concurred in Senate Committee Substitute (1) and committee amendment (1-title) |
2022-03-29 | House | posted for passage for concurrence in Senate Committee Substitute (1) and Committee Amendment (1-title) |
2022-03-25 | House | to Rules (H) |
2022-03-25 | House | received in House |
2022-03-25 | Senate | 3rd reading, passed 34-0 with Committee Substitute (1) and Committee Amendment (1-title) |
2022-03-24 | Senate | passed over and retained in the Consent Orders of the Day |
2022-03-23 | Senate | passed over and retained in the Consent Orders of the Day |
2022-03-21 | Senate | posted for passage in the Consent Orders of the Day for Wednesday, March 23, 2022 |
2022-03-17 | Senate | 2nd reading, to Rules as a consent bill |
2022-03-16 | Senate | reported favorably, 1st reading, to Consent Calendar with Committee Substitute (1) and Committee Amendment (1-title) |
2022-01-21 | Senate | to State & Local Government (S) |
2022-01-19 | Senate | to Committee on Committees (S) |
2022-01-19 | Senate | received in Senate |
2022-01-19 | House | 3rd reading, passed 97-0 |
2022-01-18 | House | posted for passage in the Regular Orders of the Day for Wednesday, January 19, 2022 |
2022-01-18 | House | 2nd reading, to Rules |
2022-01-13 | House | reported favorably, 1st reading, to Calendar |
2022-01-12 | House | to State Government (H) |
2022-01-04 | House | to Committee on Committees (H) |
2022-01-04 | House | introduced in House |
2021-10-20 | House | Prefiled by the sponsor(s). |