kentucky state pensions

9:30 am
Mon August 20, 2012

Beshear Says Hybrid Solution for Struggling Pensions Could Work

Governor Steve Beshear says he's interested in a so-called hybrid approach to pension reform.

Lawmakers are discussing how to fix the flailing public pension plans for state and county employees. They'll make recommendations at the end of the year.

Beshear says he would support a plan, that allows current to employees keep their pensions, but require new employees to pay into a 401k-type plan.

But the governor's support isn't without qualifications.

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