Stumbo Wants To Shore Up KY Government Pensions

Mar 7, 2013

Credit LRC Public Information

Kentucky House Speaker Greg Stumbo is calling again for passage of a measure to shore up government pensions in the waning days of the legislative session.

Stumbo said yesterday he wants to avoid the expense of a special legislative session. The Democratic-controlled House and the Republican-led Senate are at odds over competing proposals for restoring solvency to the pension system, which has a $33 billion unfunded liability.