UNOFFICIAL COPY 23 RS BR 934
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AN ACT relating to governmental agencies, making an appropriation therefor, and 1
declaring an emergency. 2
Be it enacted by the General Assembly of the Commonwealth of Kentucky: 3
Section 1. The General Fund appropriation of $200,000,000 in fiscal year 2023-4
2024 set out in 2022 Ky. Acts ch. 199, Part I, N., 1. is hereby transferred as follows: 5
(1) $179,500,000 to the State Salary and Compensation Fund budget unit within 6
the Personnel Cabinet in fiscal year 2023-2024 for a six percent salary increase for state 7
employees, salary increases associated with grade changes resulting from findings of the 8
Personnel Cabinet’s classification review process, and salary changes related to the 9
conversion of all state employees currently working a 37.5-hour week to a 40-hour work 10
week, effective July 2, 2023. Notwithstanding KRS 18A.335, relating to anniversary 11
date, and notwithstanding KRS 156.808(6)(e) and 163.032(1), a six percent salary 12
increase is provided, effective July 1, 2023, on the base salary or wages of each eligible 13
state employee. For these purposes, there is hereby appropriated Restricted Funds in the 14
amount of $60,500,000 in fiscal year 2023-2024 to the State Salary and Compensation 15
Fund budget unit within the Personnel Cabinet. The State Budget Director shall 16
determine the necessary amount of funds from these appropriations, by budget unit. The 17
State Budget Director shall notify the Secretary of the Finance and Administration 18
Cabinet of the respective amounts from the Fund to transfer to each affected budget unit. 19
The State Budget Director shall report to the Interim Joint Committee on Appropriations 20
and Revenue on the implementation of this provision by December 1, 2023; 21
(2) $20,000,000 to the Kentucky Higher Education Assistance Authority budget 22
unit in fiscal year 2023-2024 for a student loan forgiveness program for state employees. 23
The Personnel Cabinet, in cooperation with the Kentucky Higher Education Assistance 24
Authority, shall establish the terms and conditions for the program. Notwithstanding KRS 25
45.229, these funds shall not lapse and shall carry forward; and 26
(3) $500,000 in fiscal year 2023-2024 to the General Operations budget unit 27 UNOFFICIAL COPY 23 RS BR 934
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within the Personnel Cabinet to provide additional contractual resources to complete the 1
job classification reviews. 2
Section 2. In accordance with KRS 61.691(2)(a)2., there is hereby appropriated 3
General Fund moneys in the amount of $162,000,000 in fiscal year 2023-2024 to the 4
Kentucky Public Pensions Authority to be applied to the Kentucky Employees 5
Retirement Fund of the Kentucky Employees Retirement System established by KRS 6
61.515 to prefund, effective July 1, 2023, a one and one-half percent increase in the 7
monthly retirement allowances paid from the Kentucky Employees Retirement System to 8
each recipient for service in a nonhazardous position who has retired as of July 1, 2022. 9
Section 3. In accordance with KRS 61.691(2)(a)2., there is hereby appropriated 10
General Fund moneys in the amount of $12,000,000 in fiscal year 2023-2024 to the 11
Kentucky Public Pensions Authority to be applied to the Kentucky Employees 12
Retirement Fund of the Kentucky Employees Retirement System established by KRS 13
61.515 to prefund, effective July 1, 2023, a one and one-half percent increase in the 14
monthly retirement allowances paid from the Kentucky Employees Retirement System to 15
each recipient for service in a hazardous position as provided in KRS 61.592 who has 16
retired as of July 1, 2022. 17
Section 4. In accordance with KRS 61.691(2)(a)2., there is hereby appropriated 18
General Fund moneys in the amount of $12,000,000 in fiscal year 2023-2024 to the 19
Kentucky Public Pensions Authority to be applied to the State Police Retirement Fund of 20
the State Police Retirement System established by KRS 16.510 to prefund, effective July 21
1, 2023, a one and one-half percent increase in the monthly retirement allowances paid 22
from the State Police Retirement System to each recipient for service as provided in KRS 23
16.510 who has retired as of July 1, 2022. 24
Section 5. There is hereby appropriated General Fund moneys in the amount of 25
$100,000,000 in fiscal year 2022-2023 to the Kentucky Public Pensions Authority budget 26
unit to be applied to the unfunded pension liability of the Kentucky Employees 27 UNOFFICIAL COPY 23 RS BR 934
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Retirement System Nonhazardous pension fund. 1
Section 6. There is hereby appropriated General Fund moneys in the amount of 2
$100,000,000 in fiscal year 2022-2023 to the Kentucky Teachers’ Retirement System 3
budget unit to be applied to the unfunded pension liability of the Kentucky Teachers 4
Retirement System. 5
Section 7. There is hereby appropriated Restricted Funds in the amount of 6
$1,400,000 in fiscal year 2023-2024 to the General Operations budget unit within the 7
Personnel Cabinet to provide adequate staffing for the administration of the 8
Commonwealth’s employment application process, management of classification and 9
compensation system, and the administration of the statewide Performance Management 10
Program. 11
Section 8. Whereas the operations of governmental agencies are imperative for 12
the betterment of the Commonwealth, an emergency is declared to exist, and this Act 13
takes effect upon its passage and approval by the Governor or upon its otherwise 14
becoming a law. 15