The Divisions of Member Services and Employer Reporting, Compliance & Education are partnering again this year to offer Reporting Official training with the Pre-Retirement Education Program (PREP). This is an opportunity for employers to have a full day of KRS training. Read more
2019 Legislative Summary
Seven bills and two resolutions passed during the 2019 Regular Session of the General Assembly that will have an impact on KRS. We will you provide you with additional information about any reporting changes as we complete our review of the bills and update our publications and procedures. Read more
House Bill 358 Vetoed
House Bill 358 was vetoed by the Governor on April 9, 2019, voiding the bill in its entirety. This means effective July 1, 2019, quasi-employers will pay the same 83.43% employer contribution rate as other KERS non-hazardous employers unless legislation is enacted prior to July 1, 2019 changing the quasi-employer contribution rate.
Employer contribution rates for fiscal year 2020, effective July 1, 2019, have been published. Please note that employer contribution rates are subject to change depending on future actions of the General Assembly. Read More
The GASB 67 and 74 Actuary Reports for 2018 have been published on our website. Audited Reports and GASB 68 and 75 Actuary Reports will be available later this year. Read More