SB 65/AA (BR 237) - K. Winters
AN ACT relating to Kentucky Teachers' Retirement System and declaring an emergency.
Amend KRS 161.568 and 161.569 to provide a one-time election, beginning in July 1, 2008, for public university personnel who have elected to participate in the optional retirement plan to participate in the Kentucky Teachers' Retirement System within their six years and six months of continuous service in any one of the institutions identified in KRS 161.220(4)(b); permit university personnel who make the election to purchase their prior service with their postsecondary education employers as service credit; specify university contribution rate; amend KRS 161.540 change the reference to university employees rather than university faculty members; EMERGENCY.
SB 65 - AMENDMENTS
SCS/AA - Retain original provisions, except add options for purchase of service credit by stating additional roll-over options; make technical corrections.
HFA (1, F. Rasche) - Add section to amend KRS 161.567 to permit mutual fund accounts under the optional retirement plans; permit up to four companies rather than three companies from which the postsecondary education institution may purchase contracts.
Jan 9-introduced in Senate
Jan 10-to Education (S)
Jan 24-reported favorably, 1st reading, to Calendar with Committee Substitute
Jan 25-2nd reading, to Rules
Jan 29-posted for passage in the Regular Orders of the Day for Wednesday, January 30, 2008
Jan 30-3rd reading, passed 35-0 with Committee Substitute
Jan 31-received in House
Feb 5-to Education (H)
Feb 14-posted in committee
Feb 26-reported favorably, 1st reading, to Calendar
Feb 27-2nd reading, to Rules
Mar 3-posted for passage in the Regular Orders of the Day for Tuesday, March 4, 2008
Mar 5-floor amendment (1) filed
Mar 10-floor amendment (1) withdrawn
Mar 25-3rd reading, passed 97-0
Mar 26-received in Senate
Apr 1-enrolled, signed by President of the Senate
Apr 2-enrolled, signed by Speaker of the House; delivered to Governor
Apr 7-signed by Governor (Acts Ch. 11)