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Title
AN ACT relating to retiree health benefits for hazardous duty members.
Summary of Original Version
Amend KRS 61.702 and 78.5536 to increase the hazardous duty under age 65 retiree health subsidy to $40 per month for each year of hazardous duty service for those career hazardous members of the Kentucky Employees Retirement System, County Employees Retirement System, and the State Police Retirement System who began participating in the system on or after July 1, 2003, who are eligible for a fixed-dollar retiree health subsidy not tied to the premium; define "career hazardous employee"; provide that the change shall apply to hazardous service earned prior to the effective date of this Act by eligible members, including retirees and shall continue to be adjusted annually by the 1.5% increase currently provided by statute; specify that changes to subsidies payable to impacted retirees shall begin on or after January 1, 2023, to coincide with the next health plan year; RETROACTIVE.
Documents
Introduced .pdf (96.65 KB)
Index Headings of Original Version
Kentucky Public Pensions Authority, increase in hazardous duty retiree health subsidy
KERS, CERS, and SPRS, increase in hazardous duty retiree health subsidy for certain members
KERS, CERS, and SPRS, increase in hazardous duty retiree health subsidy for certain members
KERS, CERS, and SPRS, increase in hazardous duty retiree health subsidy for certain members
KERS, CERS, and SPRS, increase in hazardous duty retiree health subsidy for certain members
County Employees Retirement System, increase in hazardous duty retiree health subsidy
Kentucky Retirement Systems, increase in hazardous duty retiree health subsidy
Actions
12/10/21
  • Prefiled by the sponsor(s).
01/04/22
  • introduced in House