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Legislative Updates

​​​​​​​​The 2024 Regular Session of the Kentucky General Assembly convened on January 2, 2024. This is a 60-day budget writing session. The legislature is scheduled to adjourn sine die on April 15.​​

​​​​​​​​2024 Regular Session - Day 60 - General Assembly Adjourns Sine Die

The 2024 Regular Session of the Kentucky General Assembly adjourned sine die (a Latin phrase meaning "without a day" that is used to describe the official end of a legislative session) yesterday, April 15.

There were two items of interest on the Daily List yesterday. First, the Senate confirmed the appointment (or reappointment) of 3 Trustees for the Kentucky Retirement Systems Board of Trustees:

  1. Senate Resolution 309 (Confirm appointment of Mary G. Eaves to the KRS Board of Trustees for a term expiring June 21, 2027);
  2. Senate Resolution 310 (Confirm reappointment of Caswell Prewitt Lane to the KRS Board of Trustees for a term expiring June 17, 2027); and
  3. Senate Resolution 313 (Confirm reappointment of Pamela Fettig Thompson to the KRS Board of Trustees for a term expiring June 17, 2027). All three resolutions were introduced and adopted 38-0.

In addition, House Bill 354 (retiree health insurance reimbursements for school district employees) passed 37-0 yesterday and has been delivered to the Governor for his consideration.

On the Other Retirement-Related Legislation tracking list, Senate Resolution 324 was introduced and adopted 38-0; while House Bill 155 was recommitted to the Senate Judiciary committee and did not pass.

SUMMARY OF THE 2024 LEGISLATIVE SESSION – COMING SOON:

The Governor has 10 days, excluding Sundays, to consider the bills that were sent to him yesterday. After the 10-day period expires, or whenever we see what happens to the remaining bills on our tracking lists (whichever comes first), I'll send a summary of the retirement-related bills and resolutions that passed this Session. A more detailed article will be prepared for the next Pension Insights member/retiree newsletter scheduled for release in May 2024.

I hope these daily updates have been helpful to you this past Session. Unless the Governor calls a Special Session later this year, the General Assembly will not convene again until January 7, 2025 to begin the 30-day, 2025 Regular Session.​










Du​​ring legislative sessions, KPPA tracks proposed legislation of importance to the systems and their members a​​s the legislation moves through the process.

We provide an overview of the most significant bills and resolutions passed this Session that will have an impact on the Kentucky Public Pensions Authority (KPPA).

​​​​​​​​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.​

You can click below to see a graphic showing the legislative process in the Kentucky General Assembly.



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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