HB 520

Bill Subjects

Actuarial Analysis Effective Dates, Emergency Public Officers And Employees Retirement And Pensions Retroactive Legislation State Agencies

Abstract

Provide that any retiree of the Kentucky Employees Retirement System (KERS), County Employees Retirement System (CERS), or State Police Retirement System (SPRS), who returned to work with a KERS, CERS, or SPRS employer on or after March 6, 2020, but prior to January 1, 2023, shall only be required to observe a one month break in employment; provide that the one month break shall be retroactive to March 6, 2020, and that any KERS, CERS, or SPRS retiree whose retirement was voided but who observed the one month break during this time period shall not be required to repay any benefits the systems has determined were paid in error; EMERGENCY.