SB 270 Kentucky Senate · 2022 Regular Session

AN ACT relating to Kentucky Employees Retirement System employers.

Summary
Amend KRS 61.565 to provide that the Kentucky Public Pensions Authority (KPPA) shall provide Kentucky Employees Retirement System (KERS) employers with any demographic, financial, or actuarial data requested by the employer, including member-specific data for current and former employees of the employer, that was used to assign liabilities to and contributions payable by the employer; establish an appeals process beginning August 1, 2022, with a final determination by December 31, 2022, regarding the assignment of liabilities to each Kentucky Employees Retirement System (KERS) employer for any appeals not previously submitted during the 2021 appeals process or for any appeals submitted during the 2021 appeals process in which additional information is available; amend KRS 61.5991 to provide that contracts currently exempted from the reporting requirements established by HB 8 during the 2021 Regular Session for quasi-governmental KERS employers shall remain exempted for any renewals of those contracts for the same services; amend KRS 61.661 to conform.
Bill status in committee 1 of 4 stages cleared
Introduction
Mar 2022
Committee Review
Floor Vote
Governor
Introduced Mar 1, 2022 Last action Mar 2, 2022
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Full legislative history

Actions timeline

Total actions
3
Key actions
0
Committee
2
Mar 2, 2022
Committee
to State & Local Government (S)
upper
Mar 1, 2022
Committee
to Committee on Committees (S)
upper
Mar 1, 2022
Introduced
introduced in Senate
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Whitney Westerfield
Whitney Westerfield
RRepublican
KY
3