Bevin promotes proposed pension fix to business group

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LOUISVILLE, Ky. (AP) - Gov. Matt Bevin says the actual legislation aimed at shoring up Kentucky's woefully underfunded public retirement systems will be unveiled soon.

The Republican governor promoted the proposal Tuesday at an event sponsored by Greater Louisville Inc., the city's chamber of commerce, a day after teachers expressed concern during a public forum.

Bevin told reporters afterward that the legislation will align with details he announced last week alongside top legislative leaders. The governor plans to call a special legislative session before year's end to deal with the pension issue.

The plan has drawn harsh criticism from a group representing public school teachers.

Media outlets reported that Kentucky Education Association President Stephanie Winkler said the plan would "devastate" public education.

Bevin said Tuesday that opponents haven't offered alternatives. He says his plan keeps promises to public sector workers and resolves the problem.

With the controversy over the changes, hundreds are expected to come to Kentucky's capitol on November1 for a rally to oppose the changes to Kentucky public pension system proposed by the governor.

Most of the participants are expected to be current and former employees in the education system.

Members of the rally like Nema Brewer with United We Stand Ky says the blame for pension crisis falls on the shoulders of Legislators.

"We don’t want the taxpayers of this state but we also don’t expect the employees who payed into this system to have this as well."

On Tuesday morning Bevin responded to the criticism of the plan saying so far he hadn’t heard a better idea.

“My response to that is what is their solution, what is their alternative, there isn’t any, if you want to simply say the sky is going to fall, the KEA's response was frankly not that surprising unfortunately, but they're entitled to their opinion, but the reality is we do have to come up with a solution."

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