Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Kentucky committee advances bill to increase fixed-dollar CERS retiree health subsidies
Summary
The Senate State and Local Government Committee on a unanimous vote moved Senate Bill 10 to the floor. The bill would raise the fixed monthly CERS health subsidy for qualifying retirees and require modest employee contributions to help fund the increase.
Senator Mills, sponsor of Senate Bill 10, told the Senate State and Local Government Committee that the legislation would change retiree health benefits under the County Employees Retirement System (CERS) for members who began participating on or before July 1, 2003. "This legislation will change CERS retiree health benefits available for members who began participating in the system on or before 07/01/2003," Senator Mills said.
The bill would raise the fixed dollar health subsidy for nonhazardous CERS retirees who retire after 27 years of service from $14.63 per month for each year of service to $40 per month per year of service. For hazardous-duty retirees retiring after 20 years in tier 1 or 25 years in tier 2 and tier 3, the subsidy would increase from $21.94 per month per year…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
