Committees serve particular, distinct functions on behalf of the County Employees Retirement System (CERS) and Kentucky Retirement Systems (KRS). KRS oversees the Kentucky Employees Retirement System (KERS) and the State Police Retirement System (SPRS).
For more information about CERS and KRS, visit the
About page.
For links to committee meeting agendas, materials, minutes, and archived videos of committee meetings, visit the
Meeting Calendar page.
See below for committee descriptions and links to individual committee pages.
Administrative Appeals and Disability Appeals Committees
Consistent with the provisions of Kentucky Revised Statutes Chapter 13B, two Administrative Appeals Committees and two Disability Appeals Committees meet to act in matters of administrative appeals. The Committees ensure that the retirement laws are administered impartially and uniformly, that the actions of the retirement system resulting in an appeal were correct and fair under the applicable statutes and regulations, and that all members who apply for disability retirement benefits – and who qualify under the applicable statutes, are approved for benefits.
Visit the
AAC/DAC page.
Audit Committee
The KPPA Audit Committee fulfills oversight responsibilities for the financial reporting processes, and the processes for monitoring compliance with laws, regulations, and the code of conduct.
Visit the
Audit Committee page.
Investment Committees
The separate Investment Committees for the County Employees Retirement System (CERS) and Kentucky Retirement Systems (KRS) act on behalf of their respective Boards of Trustees on investment related matters to assure the prudent investment of the Systems' assets to achieve the long-term funding goals established in the Boards' Statements of Investment Policy.
Visit the
CERS Investment Committee page.
Visit the
KRS Investment Committee page.
Retiree Health Plan Committee
The Joint CERS-KRS Retiree Health Plan Committee assists the Boards of Trustees in providing group hospital and medical insurance plans for present and future recipients of retirement allowances from the County Employees Retirement System, the Kentucky Employees Retirement System, and the State Police Retirement System, as required by Kentucky Revised Statutes 61.702.
Visit the
Retiree Health Plan Committee page.
CERS Finance Committee
The CERS Finance Committee acts on behalf of the CERS Board in fulfilling its oversight responsibilities for the financial reporting process, the system of internal control, the internal and external audit processes, and the process for monitoring compliance with laws, regulations, and the applicable codes of conduct. The Committee has the authority to review reports by the KPPA Internal Audit Administration and to recommend appropriate policies and procedures to KPPA, review interim financial reports and budget-to-actual comparisons for administrative budgets, request internal audits to analyze specific issues relevant to CERS plan management, and review the CERS biennial administrative budget and necessary budget amendments.
Visit the
CERS Finance Committee page.
CERS Actuarial Committee
The CERS Actuarial Committee is a standing committee of the CERS Board. It reviews and evaluates actuarial assumptions, funding methods, and tables proposed by the actuary for each plan within CERS. These affect the determination of the actuarial valuation of assets and liabilities, factors that apply to amounts payable to members, and the actuarially recommended contribution rate for employers. The Actuarial Committee meets semi-annually, with authority to convene additional meetings as circumstances require.
Visit the
CERS Actuarial Committee page.
KRS Actuarial Subcommittee
The KRS Actuarial Subcommittee is a subcommittee of the KRS Investment Committee. The subcommittee reviews and evaluates actuarial assumptions, funding methods, and tables proposed by the actuary for each plan within the respective Systems. These affect the determination of the actuarial valuation of assets and liabilities, factors that apply to amounts payable to members, and the actuarially recommended contribution rate for employers. The The KRS Actuarial Subcommittee meets as necessary upon the call of the Chair of the Subcommittee. The Subcommittee reports its findings and recommendations to the KRS Investment Committee and, upon review and approval, the Investment Committee forward the recommendations to the full KRS Board of Trustees for ratification.
Visit the
KRS Actuarial Subcommittee page.
CERS Personnel Committee
The CERS Ad Hoc Personnel committee was created to evaluate the CERS CEO and General Counsel. The committee is currently ad hoc, but has been proposed as a regular standing committee, subject to CERS Board approval.
Visit the
CERS Ad Hoc Personnel Committee page.
KPPA Ad Hoc Regulation Committee
The KPPA Ad Hoc Regulation Committee assists the Legal Services in reviewing, editing, and otherwise suggesting changes to current KPPA regulations. Visit the KPPA Ad Hoc Regulation Committee page.