HB 389/AA (BR 1367) - B. Yonts, S. Westrom
AN ACT relating to public pension actuarial reports.
Amend KRS 21.440, 61.670, and 161.400 to provide that all state-administered retirement systems shall conduct an actuarial experience study at least once every 5 years and to require the actuary certifying the results of the annual actuarial valuation and the 5 year experience study to be a fellow of the Conference of Consulting Actuaries or a member of the American Academy of Actuaries; make technical amendments.
Feb 13-introduced in House
Feb 18-to State Government (H); posted in committee
Feb 20-reported favorably, 1st reading, to Consent Calendar
Feb 21-2nd reading, to Rules; posted for passage in the Consent Orders of the Day for Wednesday, February 26, 2014
Feb 26-3rd reading, passed 99-0
Feb 27-received in Senate
Mar 5-to State & Local Government (S)