18A.445 Use of savings attributed to agency's pilot personnel program -- Authority for administrative regulations. - Kentucky Statutes

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Page 1 of 1 18A.445 Use of savings attributed to agency's pilot personnel program -- Authority for administrative regulations. (1) The secretary of the Finance and Administration Cabinet shall develop a plan to permit up to fifty percent (50%) of any actual savings attributed to the pilot
personnel program to be retained by the agency. These savings shall not lapse and
may be expended for the purchase of nonrecurring capital outlay, or the provision of
salary incentives not added to base compensation for all participating employees in
the pilot program on an equitable basis. However, at least fifty percent (50%) of
savings retained by the agency shall be earmarked for salary incentives. Prior to the
expenditure of any funds, the pilot agency shall prepare and submit a plan to the
steering committee and the secretary of the Finance and Administration Cabinet for
review and approval in order to expend any eligible funds. (2) The provision set out in subsection (1) of this section shall conform to applicable federal regulations. (3) Pursuant to KRS Chapter 13A, the secretary of the Finance and Administration Cabinet shall promulgate administrative regulations to implement the provisions of
this section. Effective: July 15, 1994
History: Created 1994 Ky. Acts ch. 456, sec. 10, effective July 15, 1994.