States / Kentucky / HB 445

HB 445 In Committee

AN ACT relating to a cost-of-living increase to the retirement benefits for retired state employees, making an appropriation therefor, and declaring an emergency.

Introduced
In Committee
Floor
Crossed Over
Passed
Enacted

Appropriate $221.4 million, $18.7 million, and $16 million in fiscal year 2026-2027 for the Kentucky Employees Retirement System (KERS) nonhazardous pension fund, the KERS hazardous pension fund, and the State Police Retirement System pension fund, respectively, to provide a one-time 2% COLA effective July 1, 2026; APPROPRIATION; EMERGENCY.

Chamber
House
Introduced
Jan 21, 2026
Last action
Jan 29, 2026 — to State Government (H)
Session
2026RS
Momentum
31 · Low