Kentucky Employees Retirement System

2013 KY General Assembly
7:25 am
Thu February 28, 2013

Senate Passes Bill To Shut Down Legislative Pension System

Legislative pension reform is progressing through the Kentucky General Assembly. Senate Bill 7 would keep new legislators from participating in the Kentucky Employees Retirement System. It is aimed at preventing the addition of new burdens to Kentucky's pension system, despite the fact that legislator's pensions are generally well-funded.

Senate President Robert Stivers praised the bipartisan effort in his chamber to solve Kentucky's underfunded pension problem.

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