Politics
7:27 am
Tue February 5, 2013

Lawmakers Return to Frankfort for Round Two

Credit Wikimedia Commons

State lawmakers return to Frankfort today to take on some of the Commonwealth's most pressing issues, including finding a way to shore up the financially troubled pension plan for government retirees. The Legislature met for a week in early January to elect House and Senate leaders, then took a three-week break.

Lawmakers will remain in session through the end of March in hopes of resolving a $33 billion unfunded liability in the state's pension system. Lawmakers want to put more money into pensions, but haven't yet identified where the cash would come from. A proposal to reform the state's tax code could hold the answer.