HB901
Log in to followAN ACT relating to retirement benefits for employees participating in hazardous positions in the County Employees Retirement System.
Create a new section of KRS 78.510 to 78.852 to allow employers participating in the County Employees Retirement System (CERS) to make a one-time election to offer members who work in hazardous positions who are hired on or after January 1, 2014, but prior to July 1, 2027, so that, in lieu of continued participation in the hybrid cash balance plan (Tier III benefits), these members receive the benefits provided to members in a hazardous…
Introduced: March 4, 2026
Last action: March 11, 2026
Plain-language summary
This bill would allow local government employers in the County Employees Retirement System to choose, one time, to move certain hazardous-duty employees hired between January 1, 2014, and July 1, 2027, from a newer hybrid retirement plan to an older, traditional pension benefit structure. Employees working for an employer that makes this choice would then have a 30-day window to decide whether to switch their own benefits. Starting July 1, 2027, any new hazardous-duty hires…
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Legislative History
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Co-sponsors (1)
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