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SB 147 / AA/LM (BR 866) - R. Jones II
AN ACT relating to retirement benefits for local elected officials and declaring an emergency.
Amend KRS 61.637 to allow a mayor or member of a city legislative body who does not have service credit in the County Employees Retirement System (CERS) for his or her service to the city, but who is otherwise eligible to retire from any system administered by Kentucky Retirement Systems due to other employment, to retire and draw benefits from the systems without resigning from his or her position as mayor or member of the city legislative body; amend KRS 78.540 to provide that a mayor or member of a city legislative body who is required to participate in CERS due to other covered employment, or because of failure to make an election to not participate as provided by this section, may elect to not participate in CERS for service as mayor or as a member of the city legislative body; EMERGENCY.
Feb 02, 2016 - introduced in Senate
Feb 04, 2016 - to State & Local Government (S)