98RS SB96


Unofficial WWW Version

SB 96/FN/AA (BR 837) - T. Buford

     AN ACT relating to deferred compensation.
     Amend KRS 18A.250 to allow state employees with an excess of 100 sick leave hours to be able to convert that time, in blocks of 20 hours, into their individual deferred compensation account; set the value of the conversion to be 35% of their current hourly wage; the employee must maintain a minimum balance of 100 sick leave hours after the conversion is made; the sick leave cannot be repurchased after the conversion is made.

     Jan 8-introduced in Senate
     Jan 9-to Appropriations and Revenue (S)

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