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HB 336

AN ACT relating to a cost-of-living increase to the retirement benefits for retired state employees, making an appropriation therefor, and declaring an emergency.

2025 Regular Session

Kentucky HB 336 increases retirement benefits for state pensioners through a cost-of-living adjustment and allocates state funds to cover the expense.

to Appropriations & Revenue (H)
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Bill Summary · HB 336

Legislative bill overview

HB 336 proposes a cost-of-living adjustment (COLA) to retirement benefits for retired Kentucky state employees and includes an emergency declaration. The bill requires a fiscal appropriation to fund these increased benefit payments. This appears designed to address inflation's impact on retirees' fixed incomes.

Why is this important

Retired state employees depend on pension income for living expenses, and inflation erodes purchasing power over time. A COLA ensures retirees aren't left behind as costs rise for housing, healthcare, and other necessities. This directly affects thousands of Kentucky retirees and their households while also impacting the state budget.

Potential points of contention

  • Budget impact: The fiscal cost is unknown without details on COLA percentage and the retiree population affected; this could strain state finances or require cuts elsewhere
  • Funding mechanism: No indication how the appropriation will be funded—new revenue, general fund reallocation, or bond issuance—creating uncertainty about broader implications
  • Precedent and equity: Questions about whether similar adjustments should apply to other state employee groups (active employees, teachers) or if this sets expectations for ongoing annual COLAs with mandatory spending

Compiled from official sources — confirm details with the bill’s official record.

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