HB554
Log in to followAN ACT relating to retiree health provisions of the Kentucky Retirement Systems.
Amend KRS 61.702, relating to the Kentucky Employees Retirement System and the State Police Retirement System, to increase the hazardous duty under age 65 retiree health subsidy to $50 per month for each year of service, respectively, for those members who meet the "career threshold" who began participating in the system on or after July 1, 2003, and who are eligible for a fixed-dollar retiree health subsidy not tied to the premium; extend the employee…
Introduced: February 3, 2026
Last action: February 10, 2026
Plain-language summary
This bill would increase the monthly health insurance subsidy for certain retired hazardous duty public employees, such as state police, who retired under plans started on or after July 1, 2003. The new subsidy would be set at $50 per month for each year of service, with payments to eligible retirees beginning January 1, 2027. To help fund this, it would also raise the employee contribution rate to 2% of pay for those covered workers…
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