HB 389/AA (BR 1315) - A. Arnold, J. Stewart
AN ACT relating to retirement.
Amend KRS 21.370 to allow vested members of the judicial retirement system to purchase up to 4 years of service as a Domestic Relations Commissioner, Trial Commissioner, or Master Commissioner; allow members with 20 years of service in state government to purchase 5 years of air time; allow funds in another qualified plan to be used to purchase time; amend KRS 6.515 to allow a member of the legislators' retirement plan who has 240 months credit to purchase 5 years of air time; allow funds in another qualified plan to be used to purchase time; amend KRS 21.427 and KRS 6.577 to provide for a medical reimbursement plan for judicial and legislative members not living in Kentucky and not eligible for group insurance to the extent of normal monthly contributions as determined by the board of trustees; amend KRS 21.530 to provide same per diem for board members as for legislators.
HB 389 - AMENDMENTS
HCS/AA - Delete Judicial purchase of commissioner time and air time and delete deferred compensation transfer for purchases; delete Legislative purchase of air time and delete deferred compensation transfer for purchases; amend KRS 61.510 and 78.510 to provide for high 3 for employees with at least 25 years of service if their service and age total 85 if they retire between July 15, 2000, and July 15, 2001.
HFA (1, C. Geveden) - Provide that to be eligible for the high 3 benefit, the 25 year service qualification shall be exclusive of service purchased under KRS 61.552(26), "air time" purchases.
SCS/AA - Retain reimbursement of medical insurance plan, delete provisions of GA bill relating to high 3 calculation, clarify KRS 21.450 regarding benefit calculation.
Jan 18-introduced in House
Jan 19-to State Government (H)
Mar 1-posted in committee
Mar 7-reported favorably, 1st reading, to Calendar with Committee Substitute
Mar 8-2nd reading, to Rules
Mar 10-posted for passage in the Regular Orders of the Day for Monday, March 13, 2000
Mar 13-floor amendment (1) filed to Committee Substitute ; 3rd reading, passed 92-2 with Committee Substitute
Mar 14-received in Senate
Mar 16-to Appropriations and Revenue (S)
Mar 21-taken from committee Appropriations and Revenue (S); laid on clerk's desk; 1st reading, to Calendar
Mar 22-2nd reading, to Rules; recommitted to State and Local Government (S)
Mar 23-reported favorably, to Rules with Committee Substitute as a consent bill
Mar 27-posted for passage in the Consent Orders of the Day for Monday, March 27, 2000
Mar 29-taken from the Consent Orders of the Day, placed in the Regular Orders of the Day; taken from the Regular Orders of the Day and returned to the Consent Orders of the Day; 3rd reading, passed 32-6 with Committee Substitute ; received in House; posted for passage for concurrence in Senate Committee Substitute ; House concurred in Senate Committee Substitute ; passed 91-4
Apr 11-enrolled, signed by each presiding officer, delivered to Governor
Apr 21-signed by Governor (Acts ch. 448)