Introduced

Passed House

Passed Senate

Became law

Adjourned sine die. The bill was pending when the session ended, so it did not pass.

Last action · January 29, 2026

To State Government (H)

Introduced January 21, 2026

House

Adjourned Sine Die

2026 Regular Session

HB445

AN ACT relating to a cost-of-living increase to the retirement benefits for retired state employees, making an appropriation therefor, and declaring an emergency.

Appropriate $221.4 million, $18.7 million, and $16 million in fiscal year 2026-2027 for the Kentucky Employees Retirement System (KERS) nonhazardous pension fund, the KERS hazardous pension fund, and the State Police Retirement System pension fund, respectively, to provide a one-time 2% COLA effective July 1, 2026; APPROPRIATION; EMERGENCY.

Appropriations Budget and Financial Administration Effective Dates, Emergency Police, State Retirement and Pensions State Employees Actuarial Analysis

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This bill would appropriate roughly $256 million in state funds to provide a one-time 2% cost-of-living adjustment to retirement benefits for eligible retired state employees, effective July 1, 2026. It covers three retirement systems: the Kentucky Employees Retirement System for both non-hazardous and hazardous members, and the State Police Retirement System. The emergency designation means it would take effect immediately if signed into law. Who it may affect: retired state government employees and retired Kentucky State Police officers currently receiving pension benefits.

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