Kentucky legislation · 2026 Regular Session
Kentucky HB902: AN ACT relating to a supplemental payment for retired state employees, making an appropriation therefor, and declaring an emergency.
Status: In committee, March 11, 2026
Appropriate $43,827,000 from the budget reserve trust fund account in fiscal year 2026-2027 to the Kentucky Public Pensions Authority to fund one-time supplemental payments on July 1, 2026, to recipients of a retirement allowance who have been retired for at least 12 months from the Kentucky Employees Retirement System (KERS) and the State Police Retirement System (SPRS); specify that the one-time supplemental payment shall be equal to the monthly payment received by the recipient in the month of June 2026, not to exceed $1,000; APPROPRIATION; EMERGENCY.
What the bill says
An act relating to a supplemental payment for retired state employees, making an appropriation therefor, and declaring an emergency.
From the introduced text:
AN ACT relating to a supplemental payment for retired state employees, making an appropriation therefor, and declaring an emergency. Be it enacted by the General Assembly of the Commonwealth of Kentucky: Section 1. Notwithstanding any provision of KRS 61.691 to the contrary and subject to the limitations established by this section, recipients of a monthly retirement allowance from the Kentucky Employees Retirement System or State Police Retirement System who have been retired for at least 12 months shall receive a one-time supplemental payment added to their July 2026 retirement allowance payment, equal to the monthly retirement allowance the recipient receives from the system in the month of June 2026, not to exceed a maximum payment per recipient of $1,000. Section 2. There is hereby appropriated General Fund moneys in the amount of $43,827,000 in fiscal year 2026-2027 from the budget reserve trust fund account established by KRS 48.705 to the Kentucky Public Pensions Authority to be applied to the following funds to prefund the supplemental payment provided by Section 1 of this Act: (1) $38,488,000 to the Kentucky Employees Retirement Fund of the Kentucky Employees Retirement System established by KRS 61.515 to prefund the supplemental payment from the Kentucky Employees Retirement System to each recipient for service in a nonhazardous position as defined in KRS 61.510(44); (2) $3,748,000 to the …
Sponsors
- Erika Hancock (D, HD-057) · primary sponsor
Latest actions
- : to Appropriations & Revenue (H)
- : to Committee on Committees (H)
- : introduced in House
Subjects: State Agencies, Police, State, Effective Dates, Emergency, Appropriations, Retirement And Pensions, State Employees, Budget And Financial Administration
Common questions
- What is HB902?
- HB902 is a bill in the Kentucky Legislature (2026 Regular Session): AN ACT relating to a supplemental payment for retired state employees, making an appropriation therefor, and declaring an emergency.
- What does HB902 do?
- In its own words: An act relating to a supplemental payment for retired state employees, making an appropriation therefor, and declaring an emergency.
- What is the status of HB902?
- In committee as of March 11, 2026. Latest action: to Appropriations & Revenue (H) (March 11, 2026).
- Who sponsored HB902?
- Erika Hancock (D, HD-057).
- Where is the official record for HB902?
- On the Kentucky Legislature website: https://apps.legislature.ky.gov/record/26rs/hb902.html
Source: official Kentucky record. Tracked by Delilah, AI for legislation across all 50 states and Congress.