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Pension Reform Bill Introduced

Senate Bill 1, the pension reform bill, was introduced on February 20, 2018. Remember, you can keep up with all retirement-related legislation on our Legislative Updates page.

New Pension Spiking Process

During the 2017 regular session of the General Assembly, Senate Bill 104 was enacted creating new pension spiking rules for members retiring on or after January 1, 2018.  Watch this video for an overview of these changes and the new process for retiring members and employers.

Contribution Rates

At the December Board of Trustees meeting, GRS Retirement Consulting presented the actuarial valuation for the year ended June 30, 2017, which includes proposed contribution rates for fiscal years 2019 and 2020.  Read More

2016 GASB 67 and 68 Tables

View Tables

If you have any questions, please contact Connie Davis, Director of Accounting. 

Phone 502-696-8459​​

File Layout Changes Postponed

In light of the potential for pension reform, we will not be implementing file layout changes until we can determine if there will be future changes to the reporting process.

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