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Read. Follow. Verify.Kentucky expands Public Pension Oversight Board membership and adjusts annual reporting requirements
Last action · April 23, 2026: Vetoed delivered to Secretary of StateSponsors: Jimmy Higdon and 2 others
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What This Bill Proposed
Kentucky expands the Public Pension Oversight Board from 23 to 25 members by adding legislative seats, and requires to submit annual benefit and fee data by November 15.
Changes board composition to include additional legislative leadership representation and adjusts specialized financial reporting mandates for state pension systems.
- The Public Pension Oversight Board is a legislative committee in Kentucky tasked with overseeing the state's public pension systems. context
Who It Would Have Affected
Groups the bill's text would have affected, as described in the record. Being affected is not a position for or against it.
Public Pension Oversight Board
The board's membership size and the specific types of reports it receives from retirement systems are altered.
state-administered retirement systems
The systems must collectively file detailed annual reports containing member identification numbers, allowance data, and fee percentages by November 15.
Kentucky Public Pensions Authority
The authority is explicitly required to report data on recipients receiving monthly retirement allowances for line-of-duty disabilities or deaths.
Key Facts
- The Public Pension Oversight Board is expanded from 23 to 25 members.
- The Speaker of the House and President of the Senate each appoint five members of the General Assembly instead of four.
- The Governor's appointments to the board are reduced from two individuals to one individual.
- State-administered retirement systems must collectively file an annual report with the board on or before November 15 following the close of each fiscal year.
Show all 7 facts
- The annual report must include unique identification numbers for members, system types, status, and annualized or estimated retirement allowances without revealing names, addresses, or Social Security numbers.
- State retirement systems must report the percentage of system assets and managers for which fees and commissions are reported, beginning July 1, 2017.
- The Kentucky Public Pensions Authority must report data on recipients receiving monthly retirement allowances due to line-of-duty disability or death.
Frequently Asked Questions
What information is required in the annual report submitted by state-administered retirement systems?
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Votes, people, money & the original sourceWhere This Stands
This bill did not become law - Vetoed by the governor.
Procedural history
12 actions- Apr 23, 2026SenateVetoed delivered to Secretary of State
- Apr 15, 2026HouseEnrolled3rd reading, passed 97-1 received in Senate enrolled, signed by President of the Senate enrolled, signed by Speaker of the House delivered to Governor
- Mar 31, 2026Senateposted for passage in the Regular Orders of the Day for Wednesday, April 01 2026
- Mar 20, 2026SenateFloor2nd reading, to Rules
- Mar 19, 2026Senatereported favorably, 1st reading, to Calendar
- Mar 18, 2026HouseCommitteeto State Government (H)
Show 6 earlier actions
- Feb 23, 2026HouseIntroducedreceived in House to Committee on Committees (H)
- Feb 20, 2026SenateFloor3rd reading, passed 38-0
- Feb 19, 2026SenateFloor2nd reading, to Rules posted for passage in the Regular Orders of the Day for Friday, February 20 2026
- Feb 18, 2026Senatereported favorably, 1st reading, to Calendar
- Feb 9, 2026SenateCommitteeto State & Local Government (S)
- Jan 12, 2026SenateIntroducedintroduced in Senate to Committee on Committees (S)
Version history
Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.
View official text →Lobbying Activity
No state lobbying filings in our records match this bill. Federal lobbying reports (LDA) cover Congress, so they are not listed on state bills.
Full breakdown
Who this bill affects and the strongest case for and against it, written only from the bill’s own text.
Sponsors
Connected Entities
Sources
apps.legislature.ky.gov
Analysis Score
0–100- Significance50How much this matters to a regular citizen
- Controversy15Intensity of disagreement among stakeholders
- Entertainment5Compellingness for a non-policy-wonk reader
- Buzz20Current news / social attention level
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