KY SB81 | 2018 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 16 2018 - 25% progression, died in committee
Action: 2018-01-17 - to Appropriations & Revenue (S)
Pending: Senate Appropriations and Revenue Committee
Text: Latest bill text (Draft #1) [PDF]
Status: Introduced on January 16 2018 - 25% progression, died in committee
Action: 2018-01-17 - to Appropriations & Revenue (S)
Pending: Senate Appropriations and Revenue Committee
Text: Latest bill text (Draft #1) [PDF]
Summary
Amend KRS 16.543, 61.543, and 78.615 to provide that, if the Kentucky Retirement Systems determines that employee contributions were made in error more than five years following the date the contributions were first made, the systems shall pay the member interest on any refunded contributions at the actuarially assumed rate of return; amend KRS 61.685 to conform.
Title
AN ACT relating to erroneous payments to the Kentucky Retirement Systems.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2018-01-17 | Senate | to Appropriations & Revenue (S) |
| 2018-01-16 | Senate | introduced in Senate |
Kentucky State Sources
| Type | Source |
|---|---|
| Summary | http://www.lrc.ky.gov/record/18RS/SB81.htm |
| Text | http://www.lrc.ky.gov/recorddocuments/bill/18RS/SB81/bill.pdf |
| Supplement | http://www.lrc.ky.gov/recorddocuments/note/18RS/SB81/FN.pdf |
