FRANKFORT, Ky. (AP) - Kentucky's Republican governor says he is close to calling state lawmakers back into session so they can make changes to one of the country's worst-funded public pension systems.
Gov. Matt Bevin told reporters Tuesday an agreement with state lawmakers just needs "a bit of I-dotting and T-crossing." Bevin and leaders of the state House and Senate have been crafting a proposal in private for months.
State officials are at least $33 billion short of the money needed to pay retirement benefits over the next 30 years. But talk of changing the system has prompted a wave of retirements as state workers are fearful of how the changes could impact them.
Republican state Rep. Bam Carney is a public school teacher. He said the proposal meets all "legal and moral" responsibilities.
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10/17/2017 3:22:47 PM (GMT -4:00)