House Committee Overhauls Pension Reform Bill

By: Associated Press
By: Associated Press

Revamped legislation intended to shore up the state's pension system for state and local government retirees in Kentucky has cleared a House committee.

The measure removes a Senate provision that would have created a 401(k)-like plan for new hires.

The House State Government Committee voted 17-1 to send the legislation to the full House for consideration. Ten lawmakers passed during the committee vote.

Democratic state Rep. Brent Yonts of Greenville, who unveiled the overhaul of the bill, said a separate measure would provide funding for the pension system. That measure is expected to come up for a vote in the House Appropriations and Revenue Committee later Tuesday.


WBKO.com is happy to provide a forum for commenting and discussion. Please respect and abide by the house rules:

Keep it clean, keep it civil, keep it truthful, stay on topic, be responsible, no links, share your knowledge, and please suggest removal of comments that violate these standards.

powered by Disqus
WBKO 2727 Russellville Road Bowling Green, KY 42101-3976 Phone: 270-781-1313 After Hours Hotline: 270-781-6397 Fax: 270-781-1814
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 193430521