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passed · Kentucky · House Mar 8, 2017

HB 167: AN ACT relating to the Kentucky Retirement Systems. Amend KRS 16.642 to clarify that the board of trustees shall have the power to invest State Police Retirement System (SPRS) funds in the same fashion as Kentucky Employees Retirement System (KERS) funds under KRS 61.650; amend KRS 61.645 to allow the Kentucky Retirement Systems board to promulgate an administrative regulation to conduct trustee elections by electronic ballot; amend KRS 78.790 to clarify that the board of trustees shall have the power to invest County Employees Retirement System (CERS) funds in the same fashion as KERS funds under KRS 61.650; state that amendments to KRS 16.642 and 78.790 are made to conform to amendments made to KRS 61.650 in 2002 to show intent to apply KRS 61.650 changes to SPRS and CERS.

Floor amendment (1) filed
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