Bill > HB406

Introduced Session

Appropriate $96 million from the Kentucky Permanent Pension Fund in fiscal year 2026-2027 to the Kentucky Public Pensions Authority to fund 1-time supplemental payments on July 1, 2026, to recipients of a retirement allowance who have been retired for at least 12 months from the Kentucky Employees Retirement System (KERS) and the State Police Retirement System (SPRS); allow the Board of Trustees of the County Employees Retirement System to, by board decision, provide a one-time supplemental payment to recipients of a retirement allowance who have been retired at least 12 months by increasing employer contribution rates over a one-year or two-year period; specify that the 1-time supplemental payment shall be equal to the monthly payment received by the recipient in the month of June 2026; APPROPRIATION; EMERGENCY.

AI Summary

Committee Categories

James Tipton (R)*,  Ryan Bivens (R),  John Blanton (R),  Emily Callaway (R),  Josh Calloway (R),  Mike Clines (R),  Jennifer Decker (R),  Anne Donworth (D),  Robert Duvall (R),  Dan Fister (R),  Patrick Flannery (R),  Deanna Frazier Gordon (R),  Chris Freeland (R),  Chris Fugate (R),  Al Gentry (D),  Daniel Grossberg (D),  David Hale (R),  Tony Hampton (R),  Erika Hancock (D),  Kimberly Holloway (R),  Thomas Huff (R),  Mary Beth Imes (R),  Kevin Jackson (R),  Nima Kulkarni (D),  William Lawrence (R),  Matthew Lehman (D),  Derek Lewis (R),  Scott Lewis (R),  Matt Lockett (R),  Savannah Maddox (R),  Mary Marzian (D),  Candy Massaroni (R),  Bobby McCool (R),  Shawn McPherson (R),  Adam Moore (D),  Sarge Pollock (R),  Steve Riley (R),  Rachel Roarx (D),  Tom Smith (R),  Sarah Stalker (D),  Ashley Tackett Laferty (D),  Nancy Tate (R),  Aaron Thompson (R),  Timmy Truett (R),  Bill Wesley (R),  Richard White (R),  Wade Williams (R),  Nick Wilson (R), 

to Appropriations & Revenue (H) (on 01/23/2026)

Official Document