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Legislative Updates

​​​​2022 Regular Session

The 2022 Regular Session of the Kentucky General Assembly convened on January 4, 2022. During legislative sessions, KPPA tracks proposed legislation of importance to the systems and their members as the legislation moves through the process.

This will be a 60-day budget writing session currently scheduled to end on April 14, 2022 (Legislators are not required to use all 60 days, but the session can't last beyond April 15 per Section 42 of the state constitution.

Here is a link to the current Session calendar: https://legislature.ky.gov/Documents/RS_Calendar.pdf

Retirement and pension-themed legislation is updated on the Legislative Research Commission website each legislative day. Legislation of particular significance will be highlighted on this page, and we will inform you of any changes that become law.​

​Legislative Update: Day 14

House Bill 348 (Increase to the retirement benefits for Kentucky State Police troopers) was introduced yesterday. The bill would appropriate $12 million to the State Police Retirement System in fiscal year 2022-2023 to prefund a 1.5% increase in the monthly retirement allowances to each SPRS retiree. Please note that this bill, in its current form, would only apply to SPRS retirees if it passes.

Additional action on the Daily List yesterday includes:

  1. Senate Bill  27 (Employment of part time adjunct instructors for Kentucky Fire Commission) passed the full Senate 35-0; and
  2. House Bill 1 (State Executive Branch Budget bill- FIRST VERSION) was assigned to the Senate Appropriations and Revenue committee.

On the Other List, Senate Bill 46, House Bill 241, and House Bill 248 saw action.

Both chambers convene at 2 pm Eastern time today.​


Here is the updated Regular Session calendar.​

​​​If you’re interested in the legislative process you can always watch committee meetings and the proceedings of both chambers live on KET whenever the General Assembly is in session.

Please be advised that these legislative summaries are intended for general informational purposes only and should not be relied upon as legal advice regarding the legislative meaning, purpose, intent, application or administration of a particular statutory change.

If you have questions or concerns regarding the impact of a particular piece of legislation, please contact the Legislative Research Commission or a qualified attorney. If you have questions regarding your Kentucky Public Pensions Authority benefits, please contact us through our webpage at kyret.ky.gov or by telephone at (800) 928-4646.

Public Pension Oversight Board Materials

The Public Pension Oversight Board assists the General Assembly with its review, analysis, and oversight of the administration, benefits, investments, funding, laws and administrative regulations, and legislation pertaining to the Kentucky Public Pensions Authority.

Find additional PPOB meeting materials on LRC's Public Pension Oversight Board page.

Public Pension Oversight Board Materials
Download
February 24 2020 KRS Investment Performance and Cash Flow Quarterly Update
November 25 2019 KRS Cash Flow
September 23 2019 State Auditor's Special Audit of KRS Adherence to SB2 2017
August 27 2019 Auditor of Public Accounts Special Examination
August 26 2019 KRS Biennial Budget Request Year Ended Returns and Cashflows
June 24 2019 KRS Investment Performance and Cash Flow Quarterly Update
May 20 2019 PPOB Presentation about Pension Funding
May 20 2019 Pension Funding KRS Prorating Employer Liabilities and Contributions
April 22 2019 2018 Actuarial Experience Study
April 22 2019 Sumary of 2018 Experience Study
April 22 2019 Actuarial Valuation Results KERS, CERS, SPRS
March 2019 KRS PPOB Administrative Subcommittee CERS Separation
February 25 2019 KRS Quarterly Update
December 17 2018 KRS Agency Participation Issues Presentation
November 26 2018 KRS Cash Flow Presentation
November 26 2018 KRS Actuarial Presentation
October 22 2018 Trustee Election Overview PPOB
September 24 2018 GRS Presentation
August 27 2018 KRS Investment Cash Flow Quarterly Update - SB 2 - Opt-Out
June 30 2018 KRS Actuarial Experience Study
June 30 2018 KRS Actuarial Valuation Results for KERS, CERS and SPRS
June 25 2018 KRS PPOB Presentation
June 4 2018 KRS PPOB Presentation
September 25 2017 KRS PPOB Presentation
November 28 2016 PPOB Actuarial Valuations
September 26 2016 KRS Healthcare Presentation
June 27 2016 CEM Benchmarking Findings
May 23 2016 KRS Inviolable Contract Overview


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