Top Legislation - View All
Latest Action: 02/21/2008 - To Appropriations & Revenue (S) Bill Text
Amend KRS 42.450 to eliminate the requirement that balances in the Local Government Economic Assistance Fund be invested in United States Government Securities maturing not later than one year from the date of investment, and to require that investment of the fund balances be governed by KRS 42.500.
Also tagged in: Actuarial Analysis, Attorney General, Conflict of Interest, Corrections Impact, Counties, Ethics, Local Mandate, Public Officers and Employees, Retirement and Pensions, State Employees, Technical Corrections
Latest Action: 03/26/2008 - Conference Committee report filed in House and Senate; Conference Committee report adopted in House and Senate; Free Conference Committee appointed in House and Senate Bill TextAmend KRS 6.350 to establish new procedures for the completion of the required actuarial analysis for bills pertaining to state-administered retirement systems; amend KRS 16.505, 61.510, and 78.510 to establish new calculation of final compensation for KERS, CERS, and SPRS employees hired on or after July 1, 2008; amend KRS 16.560, 61.575, and 78.640 to establish fixed 2.5% interest rate on member contribution accounts for KERS, CERS, and SPRS employees hired on or after July 1, 2008; amend KRS 16.576, 16.577, 61.559, and 61.595 to establish new retirement requirements and benefit multipliers for KERS, CERS, and SPRS employees hired on or after July 1, 2008; create a new section of KRS Chapter 42 to establish the Kentucky Public Pension Financing Advisory Commission in the Finance and Administration Cabinet to review investments and financing of the state-administered retirement systems and to provide a report to the General Assembly; amend KRS 61.546 to limit sick leave service credit [...] show full description
Latest Action: 03/26/2008 - To Judiciary (S) Bill Text
Amend KRS 425.126 to update references to the Revised Article 8 of the Uniform Commercial Code, replace references to repealed statue, and add terms to match Revised Article 8 and the system for indirect holding of investment property and securities entitlements.
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Latest Legislation - View All
Latest Action: 03/26/2008 - To Judiciary (S) Bill Text
Amend KRS 425.126 to update references to the Revised Article 8 of the Uniform Commercial Code, replace references to repealed statue, and add terms to match Revised Article 8 and the system for indirect holding of investment property and securities entitlements.
Also tagged in: Actuarial Analysis, Attorney General, Conflict of Interest, Corrections Impact, Counties, Ethics, Local Mandate, Public Officers and Employees, Retirement and Pensions, State Employees, Technical Corrections
Latest Action: 03/26/2008 - Conference Committee report filed in House and Senate; Conference Committee report adopted in House and Senate; Free Conference Committee appointed in House and Senate Bill TextAmend KRS 6.350 to establish new procedures for the completion of the required actuarial analysis for bills pertaining to state-administered retirement systems; amend KRS 16.505, 61.510, and 78.510 to establish new calculation of final compensation for KERS, CERS, and SPRS employees hired on or after July 1, 2008; amend KRS 16.560, 61.575, and 78.640 to establish fixed 2.5% interest rate on member contribution accounts for KERS, CERS, and SPRS employees hired on or after July 1, 2008; amend KRS 16.576, 16.577, 61.559, and 61.595 to establish new retirement requirements and benefit multipliers for KERS, CERS, and SPRS employees hired on or after July 1, 2008; create a new section of KRS Chapter 42 to establish the Kentucky Public Pension Financing Advisory Commission in the Finance and Administration Cabinet to review investments and financing of the state-administered retirement systems and to provide a report to the General Assembly; amend KRS 61.546 to limit sick leave service credit [...] show full description
Latest Action: 02/21/2008 - To Appropriations & Revenue (S) Bill Text
Amend KRS 42.450 to eliminate the requirement that balances in the Local Government Economic Assistance Fund be invested in United States Government Securities maturing not later than one year from the date of investment, and to require that investment of the fund balances be governed by KRS 42.500.
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