SB 10: AN ACT relating to retiree health provisions of the County Employees Retirement System.

Official summary

Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.

Amend KRS 78.5536, relating to the County Employees Retirement System, to increase the nonhazardous and hazardous duty under age 65 retiree health subsidy to $40 and $50 per month for each year of service, respectively, for those members who meet the "career threshold" who began participating in the system on or after July 1, 2003, and who are eligible for a fixed-dollar retiree health subsidy not tied to the premium; extend the employee contribution used to fund retiree health benefits to include members who began participating in the system on or after July 1, 2003, and increase the current hazardous employee contribution rate to 2% of pay for those eligible for the fixed-dollar retiree health subsidy; make technical amendments regarding the retiree health premium reimbursement program to conform to current policy; provide that the amendments to the employee contributions shall be effective July 1, 2026; for calculation of the retiree health subsidy increase, provide that the change shall apply to service earned prior to the effective date of this Act by eligible members, including retirees, and shall prospectively be adjusted annually by the 1.5% increase currently provided in statute; provide that subsidies payable to impacted retirees shall begin on or after January 1, 2026, to coincide with the next health plan year; direct the Public Pension Oversight Board to continue to review the retiree health fund actuarial data and evaluate potential legislative options to address any future continued improvements in the funds; RETROACTIVE.

Sponsors

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

1. March 19, 2025signed by Governor (Acts Ch. 37)
2. March 13, 2025delivered to Governor
3. March 13, 2025enrolled, signed by Speaker of the House
4. March 13, 2025enrolled, signed by President of the Senate
5. March 13, 2025received in Senate
6. March 13, 20253rd reading, passed 94-0
7. March 12, 2025posted for passage in the Regular Orders of the Day for Thursday, March 13, 2025
8. March 12, 20252nd reading, to Rules
9. March 11, 2025reported favorably, 1st reading, to Calendar
10. February 28, 2025to Local Government (H)
11. February 25, 2025to Committee on Committees (H)
12. February 25, 2025received in House

Showing 12 most recent of 19 actions. Full history