On June 27, 2008 House Bill 1, the Pension Reform legislation, was signed by Governor Beshear. This law is a comprehensive pension reform that will significantly impact retirement benefits for employees who begin participating with the Kentucky Retirement Systems on or after September 1, 2008. KRS will be conducting meetings throughout the state to allow employers to learn more about this legislation and the immediate changes that will be required. Click here for more information.
KRS conducted employer meetings in July and August to inform employers about House Bill 1 provisions. If you were unable to attend a meeting and have not spoken with your KRS Employer Service Representative, please contact your representative at your earliest convenience. There are several provisions within House Bill 1 that require your attention. The following link provides a list of KRS Employer Service Representatives by county: Click here for more information.
House Bill 1 was signed by Governor Beshear on June 27, 2008. The Bill contains a list of changes that Kentucky Retirement Systems (KRS) must implement by September 1, 2008. Click here for more information.
The KRS Board of Trustees recently adopted the employer contribution rates for fiscal year beginning July 1, 2008 based upon the results of the most recent actuarial valuation. Click here for more information.
The KRS Board of Trustees recently adopted the employer contribution rates for fiscal year beginning July 1, 2009 based upon the results of the most recent actuarial valuation. Click here for more information.
To view a listing of links to other retirement related government agencies, please click here.
The Employer Information page of the KRS
web site is a new initiative by the systems to provide increased information online to participating employers.
Additional information and updates are scheduled to go online in the coming months, including an updated version
of the Reporting Official Manual, employer forms, and other informational materials.