UNOFFICIAL COPY 25 RS BR 1126
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AN ACT relating to a supplemental payment for retired state employees, making an 1
appropriation therefor, and declaring an emergency. 2
Be it enacted by the General Assembly of the Commonwealth of Kentucky: 3
Section 1. Notwithstanding any provision of KRS 61.691 to the contrary and 4
subject to the limitations established by this section, recipients of a monthly retirement 5
allowance from the Kentucky Employees Retirement System or State Police Retirement 6
System shall receive a one-time supplemental payment added to their July 2025 7
retirement allowance payment, equal to the monthly retirement allowance the recipient 8
receives from the system in the month of June 2025. 9
Section 2. There is hereby appropriated General Fund moneys in the amount of 10
$95,000,000 in fiscal year 2024-2025 from the Budget Reserve Trust Fund Account 11
established by KRS 48.705 to the Kentucky Public Pensions Authority to be applied to 12
the following funds to prefund the supplemental payment provided by Section 1 of this 13
Act: 14
(1) $84,000,000 to the Kentucky Employees Retirement Fund of the Kentucky 15
Employees Retirement System established by KRS 61.515 to prefund the supplemental 16
payment from the Kentucky Employees Retirement System to each recipient for service 17
in a nonhazardous position as defined in KRS 61.510(44); 18
(2) $6,000,000 to the Kentucky Employees Retirement Fund of the Kentucky 19
Employees Retirement System established by KRS 61.515 to prefund the supplemental 20
payment from the Kentucky Employees Retirement System to each recipient for service 21
in a hazardous position as provided in KRS 61.592; and 22
(3) $5,000,000 to the State Police Retirement Fund of the State Police Retirement 23
System established by KRS 16.510 to prefund the supplemental payment from the State 24
Police Retirement System to each recipient. 25
Section 3. Whereas retired members and beneficiaries of the Kentucky 26
Employees Retirement System and State Police Retirement System have not received a 27 UNOFFICIAL COPY 25 RS BR 1126
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cost-of-living adjustment to their retirement allowances since fiscal year 2011-2012, an 1
emergency is declared to exist, and this Act takes effect upon its passage and approval by 2
the Governor or upon its otherwise becoming a law. 3