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Stumbo Calls House Meeting to Discuss Pension System

Kentucky House Speaker Greg Stumbo speaking to media
LRC Public Information
Kentucky House Speaker Greg Stumbo speaking to media

Kentucky's Speaker of the House Greg Stumbo has called a meeting of all state representatives to discuss the beleaguered public pension system. 

An email containing Stumbo’s signature was sent to legislative assistants inviting all House members to attend a meeting on Tuesday to discuss ‘several complex issues.’

Stumbo spokesman Brian Wilkerson confirmed the meeting and says the main focus is to discuss the state retirement system in light of recent low investment returns.

Public pension systems for teachers and state workers have an estimated combined debt of more than $30 billion dollars, making it one of the worst funded pension systems in the country.

Matt Markgraf joined the WKMS team as a student in January 2007. He's served in a variety of roles over the years: as News Director March 2016-September 2019 and previously as the New Media & Promotions Coordinator beginning in 2011. Prior to that, he was a graduate and undergraduate assistant. He is currently the host of the international music show Imported on Sunday nights at 10 p.m.
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