Kentucky Finally Passes a Pension Reform
Bill targeting quasi-governmental agencies gets state Senate OK, and Gov. Matt Bevin, its author, signs shortly after.
Bill targeting quasi-governmental agencies gets state Senate OK, and Gov. Matt Bevin, its author, signs shortly after.
Proposal is expected to pass in the Senate Wednesday.
Gov. Matt Bevin asks special session of legislature this time to revamp quasi-government agencies’ retirement plans.
Pension reform, stymied in court, is on the top of the lawmakers’ agenda.
Ratings agency doesn’t downgrade the state but puts it on ‘credit negative’ status, which could portend trouble ahead.
House members say $43 billion funding problem can’t be resolved over a “five-day session.”
State house introduces two pension reform bills during late-night meeting.
In the second televised high-court case, opponents A.G. Beshear and Gov. Bevin will testify.
Ruling favors attorney general’s objection over how it was passed.
With two days left in the regular legislative session, state lawmakers call Bevin’s move ‘misguided.’
SB 1 contains a variety of changes from Gov. Bevin’s controversial October bill.