AN ACT relating to actuarial costs of annual leave payments in the Teachers' Retirement System.

Engrossed on 2/23/26

Summary

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From the Legislature

Amend KRS 161.540 to specify payment obligations for the inclusion of annual leave payments in a retiring member's pension benefits from the Teachers' Retirement System (TRS) by requiring the state to pay the actuarial costs for annual leave accrued through July 31, 2026, and the last employer pay the actuarial costs for annual leave accrued on or after August 1, 2026.

Sponsors

0
2
RR
Democratic CaucusRepublican Caucus

Roll Call Votes

Senate: Third Reading RSN# 3845

29 Yea

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8 Nay

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1 Absent

R

Calendar

Feb 18

11:00 AM

Senate Committee On State And Local Government

Mar 26

12:00 PM

House Committee On State Government