legislative pensions

6:39 pm
Wed February 27, 2013

Senate Passes Bill To Shut Down Legislative Pension System

Legislative pension reform is moving forward in the Kentucky General Assembly.

The Kentucky state Senate passed Senate Bill 7 today, which would prevent future members of the General Assembly from participating in the Kentucky Employees Retirement System unless they participated in the Kentucky Employees Retirement System as a member of the General Assembly prior to July 1, 2013.

State Senate President Robert Stivers, a Republican from Manchester, says that this is the fourth time since 2005 that the state senate has passed measures on reform.

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