Introduced March 4, 2026
HB902
Log in to followAN ACT relating to a supplemental payment for retired state employees, making an appropriation therefor, and declaring an emergency.
Appropriate $43,827,000 from the budget reserve trust fund account in fiscal year 2026-2027 to the Kentucky Public Pensions Authority to fund one-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); specify that the one-time supplemental payment shall be equal to the monthly payment received by the recipient in the month of June 2026, not to exceed $1,000; APPROPRIATION; EMERGENCY.
Plain-language summary
This bill would set aside about $43.8 million from Kentucky's budget reserve fund to send a one-time bonus payment to retired state employees and retired state police officers. Retirees who have been receiving a pension for at least 12 months would receive an amount equal to their June 2026 monthly payment, up to a maximum of $1,000. The emergency designation means the payment would take effect immediately upon passage, with checks going out on July 1, 2026. Who it may affect: retired Kentucky state government employees and retired Kentucky State Police officers currently receiving pension benefits.
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Legislative History
Primary Sponsor
Erika Hancock
Representative · House District 057
Bill Text Versions
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