WKYT | Lexington, Kentucky | News, Weather, Sports

Kentucky Senate rejects House bills to fund, fix pensions

FRANKFORT, Ky. (AP) - The Senate has rejected the House's proposals to fund and overhaul Kentucky's pension plans for government retirees.

The Republican-controlled chamber on Thursday first refused to consider the Democratically sponsored bill to stabilize pension funds through lottery games and slot-like machines at horse tracks.

The Senate based its rejection not on a vote but on a legislative rule that requires 60 of the 100 House members to pass a revenue measure during a short legislative session. The House passed the bill Wednesday 52-47.

The Senate then rejected by voice vote the House's plan to overhaul retiree benefits. Senators said the plan ignores a bipartisan task force's recommendations and removes a Senate provision to create a 401(k)-like plan for new hires.

___

The legislation is Senate Bill 2 and House Bill 416.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus

WKYT

2851 Winchester Rd. Lexington, Ky 40509 859-299-0411 - switchboard 859-299-2727 - newsroom
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 194108241 - wkyt.com/a?a=194108241