House Democratic leaders says they are looking at legalizing the slots-like game statewide to help generate at least $25 million a year to help fully fund pension obligations. Only two tracks, Ellis Park and Kentucky Downs, currently have the game.
Candidates for Kentucky’s 2nd District State House of Representatives both say they won’t take a pension if elected in November, but they differ on whether or not a pension should be offered to lawmakers. Kentucky’s pension system is one of the worst in the country in terms of unfunded liabilities. Heath has endorsed a pension plan for lawmakers that two GOP candidates have proposed. That plan would change the current full pension for lawmakers to an optional 401K plan for incoming lawmakers.