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CITY OF VILLA HILLS v. KENTUCKY RET. SYS.

2019-SC-0434-DG.

628 S.W.3d 94 (2021)

CITY OF VILLA HILLS, Kentucky, Appellant v. KENTUCKY RETIREMENT SYSTEMS, Appellee.

Supreme Court of Kentucky.

August 26, 2021.

Attorney(s) appearing for the Case

COUNSEL FOR APPELLANT: Mary Ann Stewart , Bryce C. Rhoades , Covington, Adams Law, PLLC.

COUNSEL FOR APPELLEE: Anne Caroline Bass , Kentucky Public Pensions Authority.

OPINION OF THE COURT BY CHIEF JUSTICE MINTON

We accepted discretionary review to consider the application of Kentucky Revised Statute (KRS) 61.598, sometimes referred to as the pension-spiking statute. Kentucky Retirement Systems assessed over $200,000 in actuarial costs to against the City of Villa Hills following the retirement of one of its employees. The Retirement Systems found that increases in that employee's compensation over the five years preceding...

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