Kentucky bills · 2026 Regular Session
Kentucky HB 406
AN ACT relating to a supplemental payment for recipients of a monthly retirement allowance from the systems administered by the Kentucky Public Pensions Authority, making an appropriation therefor, and declaring an emergency.
- Introduced
- In committee
- Passed House
- Passed Senate
- To Governor
- Became law
Sponsors
No sponsor recorded.
Summary
Official abstract published by the Kentucky legislature· Summary of Original Version
Appropriate $96 million from the Kentucky Permanent Pension Fund in fiscal year 2026-2027 to the Kentucky Public Pensions Authority to fund 1-time supplemental payments on July 1, 2026, to recipients of a retirement allowance who have been retired for at least 12 months from the Kentucky Employees Retirement System (KERS) and the State Police Retirement System (SPRS); allow the Board of Trustees of the County Employees Retirement System to, by board decision, provide a one-time supplemental payment to recipients of a retirement allowance who have been retired at least 12 months by increasing employer contribution rates over a one-year or two-year period; specify that the 1-time supplemental payment shall be equal to the monthly payment received by the recipient in the month of June 2026; APPROPRIATION; EMERGENCY.
Text versions
Roll-call votes
No recorded votes on this bill.
Actions
- Jan 23, 2026 · House
to Appropriations & Revenue (H) - Jan 15, 2026 · House
to Committee on Committees (H) - Jan 15, 2026 · House
introduced in House