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KY HB185

KY HB185
AN ACT relating to eligibility for benefits in the systems administered by the Kentucky Public Pensions Authority.


summary

Introduced
01/09/2025
In Committee
02/04/2025
Crossed Over
Passed
Dead
03/28/2025

Introduced Session

2025 Regular Session

Bill Summary

Amend KRS 61.595 to allow full-time employment for services to Kentucky River Community Care to be used for determining retirement eligibility in the Kentucky Employees Retirement System (KERS) but not the amount of benefits; amend KRS 61.552 to allow full-time employment for services to Kentucky River Community Care to be used towards meeting the 20 year service eligibility requirement for nonqualified service purchases made at less than 20 years of service.

AI Summary

This bill amends two sections of Kentucky law related to retirement benefits for employees in the Kentucky Employees Retirement System (KERS). Specifically, the bill allows full-time employment with Kentucky River Community Care to be counted toward service credit requirements for retirement, even if the employee did not originally participate in KERS during that employment. Under the first section, employees who worked full-time for Kentucky River Community Care can count that employment toward meeting the years of service needed to qualify for retirement, though the service cannot be used to calculate the actual retirement benefit amount. The second section allows employment with Kentucky River Community Care to count toward the 240 months of service required for purchasing certain non-qualified service credit. The bill provides an important pathway for employees who worked for this specific organization to potentially improve their retirement eligibility, even if they were not originally enrolled in the state retirement system during that period of employment. This change could benefit employees who may have gaps in their retirement service credit due to employment with this particular organization.

Committee Categories

Government Affairs

Sponsors (1)

Last Action

to State Government (H) (on 02/04/2025)

bill text


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