Legislation was enacted during the 2015 Regular Session establishing a process for certain employers to cease participation with KPPA. In 2019, House Bill 1 established a one-time, voluntary cessation window for KERS Quasi-Governmental Employers with nonhazardous employees.
The information below is specific to the one-time cessation window established under House Bill 1. The effective cessation date is June 30, 2021.
Please be advised that most of the dates currently listed in 105 KAR 1:149 have not yet been updated to reflect changes to the quasi-governmental cessation process established by Senate Bill 249 in 2020. SB 249 extends the timeframe for employers to select an option under this cessation window. KPPA has begun the amendment process to make KAR 1:149 consistent with SB 249 (2020), but these amendments are not expected to become final until early 2021.
- Extends the effective cessation date for Quasi-Governmental Employers to June 20, 2021 from June 30, 2020;
- Extends the window for Quasi-Governmental Employers to submit a resolution to cease participation through
April 30, 2021, EXCEPT for universities and community colleges, which only had through
December 31, 2020;
- Extends the deadline to rescind a previously submitted resolution to cease participation to
April 30, 2021, EXCEPT for ceasing universities and colleges, which only had through
December 31, 2020 to rescind a previously submitted resolution to cease participation;
- Extends installment payment start date to July 1, 2021 from July 1, 2020;
- Extends the lump sum payment deadline for ceasing Quasi-Governmental Employers to June 30, 2022 from June 30, 2021.
Important Dates to Remember
|December 31, 2020||
Last day for universities and community colleges to submit a resolution to the Systems voluntarily ceasing participation in KERS.
|December 31, 2020||
Last day universities and community colleges may rescind a previously submitted resolution to the Systems voluntarily ceasing participation in KERS.
|April 30, 2021||
Last day a Quasi-Governmental Employer may submit a resolution to the Systems voluntarily ceasing participation in KERS.
|April 30, 2021||
Last day a Quasi-Governmental Employer may rescind a previously submitted resolution to the Systems voluntarily ceasing participation in KERS.
|June 30, 2021||
Effective date of cessation for any employers who opted out of KERS.
|July 1, 2021 - August 30, 2021||
Period within which any Tier 3 employee of an employer who opted out of KERS, and those Tier 1 and Tier 2 employees of an employer who elected the "hard freeze" opt-out option, may request a trustee-to-trustee transfer of his or her accumulated account balance.
For information on what must be contained in the resolution submitted by the governing body of an employer seeking to cease participation in KERS, click
The resolution must be accompanied by, among other things, a completed
Form 7727 - Actuarial Study for Quasi-Governmental Employer Cessation.
If your agency adopts a resolution to cease participation, it is highly recommended that the resolution be scanned and sent to KPPA at the following email address:
djuan.surratt(at)kyret.ky.gov through our
secure email portal.
Should your agency choose to submit the resolution via U.S. Mail (or another mail delivery service which does not have to be signed for via an in-person communication), it must be postmarked on or before December 31, 2020 for universities and community colleges or, for all other Quasi-Governmental Employers, on or before April 30, 2021. Please address any of your mail correspondence to: KPPA Board, c/o D'Juan Surratt, 1260 Louisville Road, Frankfort, KY 40601.
If your agency chooses to fax the resolution, the transmission sheet details recorded on the transmission sheet itself must reflect a date on or before the date that corresponds with the kind of agency you are (see above). Our fax number is 502-696-8822.
If you have any questions regarding the deadlines, please email