04RS SB139


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SB 139/LM (BR 1388) - T. Buford, A. Kerr, E. Scorsone

     AN ACT relating to pension systems of urban-county governments.
     Amend various sections of KRS Chapter 67A, related to the retirement fund for urban-county police and firefighters; authorize members with 20 years of service who withdrew prior to age 46 to be eligible for health insurance paid by the government; permit members to retire at any age after attaining 20 years of service; increase the minimum monthly benefit to $1,250; eliminate the requirement that benefits to a surviving spouse cease upon remarriage; provide a minimum occupational disability of 75% of pay for members who began contributing prior to July 14, 1994; increase the death benefit to $1,500.


     HFA (1, C. Geveden) - Amend various sections of KRS Chapter 67A relating to the pension fund for police and firefighters of an urban-county government; permit current members to retire after 20 years regardless of age and receive insurance benefits; increase the minimum lump sum death benefit to $1,500; and set filing deadline for application for service purchase.

     HFA (2, J. Barrows) - Amend sections of KRS Chapter 67A relating to retirement after 20 years regardless of age to apply to current members.

     HFA (3, J. Barrows) - Delete Section 5 relating to an increase in the minimum monthly annuity.

     Feb 2-introduced in Senate
     Feb 5-to State and Local Government (S)
     Mar 2-reported favorably, 1st reading, to Consent Calendar
     Mar 3-2nd reading, to Rules
     Mar 5-posted for passage in the Consent Orders of the Day for Tuesday, March 9, 2004
     Mar 9-3rd reading, passed 36-0-1; received in House
     Mar 10-to State Government (H)
     Mar 24-posting waived; reported favorably, 1st reading, to Calendar
     Mar 25-2nd reading, to Rules; posted for passage in the Regular Orders of the Day for Friday, March 26, 2004; floor amendment (1) filed
     Apr 12-floor amendments (2) and (3) filed

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