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Ad Hoc Committee on Intergovernmental Affairs

Tuesday, March 18, 2014 · 2:30 PM AM · Council Chambers

TL;DR

The Ad Hoc Committee on Intergovernmental Affairs met to discuss the potential separation of the County Employee Retirement System (CERS) from the Kentucky Retirement System (KRS). After amending the resolution to urge a study on administrative separation rather than immediate action, the committee ultimately failed to recommend approval of the resolution.

Key Decisions

  • Resolution on CERS Separation from KRS Failed in Committee
  • Amendment to Study Pension Separation Passed by Voice Vote
Agenda PDF Minutes PDF

Agenda

  1. THIS IS CONSIDERED A SPECIAL MEETING
  2. Call to Order

    Chairman Yates called the meeting to order at 2:35p.m. and introduced the member and non members that were present. A quorum was established.

  3. Roll Call
  4. Pending Legislation
  5. R-198-13 A RESOLUTION PERTAINING TO SEPARATION OF THE COUNTY EMPLOYEE RETIREMENT SYSTEM (CERS) FROM THE KENTUCKY RETIREMENT SYSTEM (KRS) AND CREATION OF AN INDEPENDENT BOARD TO ADMINISTER IT (As Amended).
    Resolution
    Action: recommended for approval
  6. Adjournment

    Without objection Councilman Yates adjourned the meeting at 3:57 p.m.

  7. Untitled item

    NOTE: The March 13, 2014 meeting was rescheduled for this date and time due to scheduling conflicts.

  8. Untitled item

    *NOTE: Items sent to the Consent Calendar or Old Business will be heard before the full Council at the Metro Council Meeting on March 27, 2014.

  9. R-198-13 A RESOLUTION PERTAINING TO SEPARATION OF THE COUNTY EMPLOYEE RETIREMENT SYSTEM (CERS) FROM THE KENTUCKY RETIREMENT SYSTEM (KRS) AND CREATION OF AN INDEPENDENT BOARD TO ADMINISTER IT (As Amended).
    Resolution
    Action: recommended for disapproval Failed

    A motion was made by Council Member Miller, seconded by Council Member Welch, that this Resolution be untabled. A motion was made by Council Member Miller, seconded by Chairman Yates to amend the resolution by stricking and adding the following: This was stricken: SECTION 1: We request that the General Assembly of the Commonwealth of Kentucky revise KRS 61.645 to administratively separate CERS from KRS. This was added in its place: We urge passage of HB 546, which calls for increased transparency as well as requiring the Public Pension Overisght Board to study the administrative separation of CERS from KRS. Amendment passed by Voice Vote. Council Member Miller called the question, it was seconded by Council Member Welch. WIithout objection the question was called. At the request of the Chair a Roll Call Vote was taken. The Resolution failed in Committee with the following vote and was sent to Old Business:

  10. Rollcall