03RS HB53


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HB 53/AA (BR 3) - M. Cherry

     AN ACT relating to retirement.
     Amend KRS 61.552 to allow employees participating in KERS, CERS and SPRS to purchase service credit for up to three years of service as a teacher in another state; employee must be vested in KERS, CERS or SPRS; purchased service does not apply toward insurance benefit under KRS 61.702.


     HCS/AA - Retain original provisions; require employees purchasing service under the provision to do so by December 31, 2003.

     (Prefiled by the sponsor(s))

     Jan 7-introduced in House; to State Government (H)
     Jan 10-posted in committee
     Feb 11-reported favorably, 1st reading, to Calendar with Committee Substitute
     Feb 12-2nd reading, to Rules; posted for passage in the Regular Orders of the Day for Thursday, February 13, 2003
     Feb 19-3rd reading, passed 94-0 with Committee Substitute
     Feb 20-received in Senate
     Feb 25-to State and Local Government (S)

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