Title
AN ACT relating to recontribution of a refund in the retirement systems.
Summary of Original Version
Amend KRS 61.552 to provide that recontributions of a refund to the Kentucky Employees Retirement System, County Employees Retirement System, and the State Police Retirement System, made on or before January 1, 2023, shall be used to determine a member's participation date in the systems; make retroactive back to January 1, 2014, and provide that recontributions of a refund made on or after January 1, 2014, and prior to the effective date of this Act, shall be used to determine a member's participation date in the system unless the member instructs the systems by January 1, 2023, to not use the service to determine their participation date in the systems; RETROACTIVE.
Sponsors
Documents
Introduced .pdf
(62.66 KB)
Session
Index Headings of Original Version
Kentucky Public Pensions Authority, recontribution of refund to determine participation date
Kentucky Public Pensions Authority, recontribution of refund to determine participation date
Retirement, recontribution of refund to determine participation date for purposes of benefits
Kentucky Public Pensions Authority, recontribution of refund to determine participation date
Kentucky Public Pensions Authority, recontribution of refund to determine participation date
Kentucky Public Pensions Authority, recontribution of refund to determine participation date
Actions
01/10/22
- introduced in House
- to Committee on Committees (H)