Kentucky Pension

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Eastern Kentucky University President Michael Benson said the new pension reform measure is,  “the best option of some challenging options.”

J. Tyler Franklin / WFPL

Gov. Matt Bevin’s pension bill narrowly passed the Kentucky House of Representatives after hours of debate Monday. It now heads to the state Senate, where it is expected to have more support.

LRC Public Information

Democratic leaders in the Kentucky House are making a play for bipartisanship with new state pension repair proposals.

J. Tyler Franklin / WFPL

  On the last day that Kentucky lawmakers could file bills, a freshman Republican filed a bill to move future Kentucky teachers into a new pension system.

The legislation is the latest attempt to address the low funding levels of Kentucky’s retirement systems for public workers by altering benefits.

Rep. Scott Lewis, a Republican from Hartford and sponsor of the bill, says the new proposal would still provide teachers with “defined benefit” pensions that guarantee monthly payments upon retirement, but it wouldn’t be as generous as what current teachers get.

Ryland Barton / Kentucky Public Radio

Leaders of the Kentucky legislature have formed a new group tasked with reviewing and analyzing the state’s pension systems, which are underfunded and have been the subject of controversial reform attempts in recent years.

Rido / 123rf

A consulting firm says the pension system for Kentucky's teachers has more money and less unfunded debt after the legislature decided to fully pay its annual funding request.

Gage Skidmore, Creative Commons

Attorneys for Kentucky Gov. Matt Bevin have filed a brief in the appeal of a lawsuit brought by Attorney General Andy Beshear to strike down changes to the state's struggling retirement systems.