Introduced January 15, 2026
HB406
Log in to followAN 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.
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…
Plain-language summary
This bill would set aside $96 million to give a one-time bonus payment to retired state and state police pension members who have been retired for at least a year, with the payment equal to one extra month of their regular retirement check issued on July 1, 2026. It also allows the county employees retirement system to offer a similar one-time payment to eligible retirees by adjusting employer contribution rates over one or two years.…
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Legislative History
Primary Sponsor
James Tipton
Representative · House District 053
Co-sponsors (47)
John Blanton
Representative · House District 092
Ryan Bivens
Representative · House District 024
Emily Callaway
Representative · House District 037
Josh Calloway
Representative · House District 010
Mike Clines
Representative · House District 068
Jennifer Henson Decker
Representative · House District 058
Anne Donworth
Representative · House District 076
Robert Duvall
Representative · House District 017
Daniel Fister
Representative · House District 056
Patrick Flannery
Representative · House District 096
Chris Freeland
Representative · House District 006
Chris Fugate
Representative · House District 084
Alan Gentry
Representative · House District 046
Deanna Frazier Gordon
Representative · House District 081
Daniel Grossberg
Representative · House District 030
David Hale
Representative · House District 074
Tony Hampton
Representative · House District 062
Erika Hancock
Representative · House District 057
Kimberly Holloway
Representative · House District 002
Thomas Huff
Representative · House District 049
Mary Imes
Representative · House District 005
Kevin Jackson
Representative · House District 020
Nima Kulkarni
Representative · House District 040
William Lawrence
Representative · House District 070
Matthew Lehman
Representative · House District 067
Derek Lewis
Representative · House District 090
Scott Lewis
Representative · House District 014
Matt Lockett
Representative · House District 039
Savannah Maddox
Representative · House District 061
Mary Marzian
Representative · House District 041
Candy Massaroni
Representative · House District 050
Bobby McCool
Representative · House District 097
Shawn McPherson
Representative · House District 022
Adam Moore
Representative · House District 045
Michael Pollock
Representative · House District 051
Steve Riley
Representative · House District 023
Rachel Roarx
Representative · House District 038
Tom Smith
Representative · House District 086
Sarah Stalker
Representative · House District 034
Ashley Tackett Laferty
Representative · House District 095
Nancy Tate
Representative · House District 027
Aaron Thompson
Representative · House District 098
Timmy Truett
Representative · House District 089
Billy Wesley
Representative · House District 091
Richard White
Representative · House District 099
Wade Williams
Representative · House District 004
Nicolas Wilson
Representative · House District 082
Bill Text Versions
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