Need all Congresses? Press Enter for expanded federal results.

HB 406

Kentucky House of Representatives bill in Session 26RS.

Status: in_committee. Latest action: January 23, 2026.

AN ACT relating to a supplemental payment for recipients of a monthly retirement allowance from the systems administered by the Kentucky Public Pensions Authority, making an appropriation therefor, and declaring an emergency.

Bill ID KY-26RS-HB-406
Session 26RS
Status in_committee
Committee Appropriations & Revenue
House of Representatives in_committee 2026-01-23
Summary

Appropriate $96 million from the Kentucky Permanent Pension Fund in fiscal year 2026-2027 to the Kentucky Public Pensions Authority to fund 1-time supplemental payments on July 1, 2026, to recipients of a retirement allowance who have been retired for at least 12 months from the Kentucky Employees Retirement System (KERS) and the State Police Retirement System (SPRS); allow the Board of Trustees of the County Employees Retirement System to, by board decision, provide a one-time supplemental payment to recipients of a retirement allowance who have been retired at least 12 months by increasing employer contribution rates over a one-year or two-year period; specify that the 1-time supplemental payment shall be equal to the monthly payment received by the recipient in the month of June 2026; APPROPRIATION; EMERGENCY.

Sponsor
James Tipton
Official Source Back to Bills
Actions Timeline
Date Event Detail
2026-01-15 Introduced Bill introduced
2026-01-23 Status in_committee
2026-01-23 Latest Action 01/23/26: to Appropriations & Revenue (H)
More Bills From This Sponsor
More Bills In This Topic
Related Topics
Same Topic Bills From Other States