AN 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.

Introduced: March 4, 2026

Last action: March 11, 2026

To Appropriations & Revenue (H)

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This bill would set aside about $43.8 million from the state's budget reserve fund to send a one-time bonus payment to certain retired state employees in July 2026. The payment would equal the retiree's monthly benefit amount from June 2026, up to a maximum of $1,000, and would go only to those who have been retired for at least 12 months. It covers retirees from the Kentucky Employees Retirement System and the State Police Retirement System. Who it may affect: retired state government employees and retired Kentucky State Police officers receiving pension benefits.

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