Lawmakers Say They Have Agreement On Pension Legislation

FRANKFORT, Ky. (AP) - Top lawmakers in the Kentucky General
Assembly say they have an agreement on state pension legislation, and they plan to ask Gov. Steve Beshear to call a special session.
Lawmakers say they'll ask Beshear to call a legislative session
beginning on June 23 to consider the proposal, which would begin shoring up the state's financially troubled pension system for public employees. Lawmakers say they hope to pass the proposal in five days, and the changes would take effect on July 1.
Among the changes - state employees would have to wait until the
sum of their age and years of employment totaled 87 to retire with full benefits.
Beshear, who is in Japan, has said he would call a special session if lawmakers agree beforehand on a plan to strengthen the pension system.

(Copyright 2008 by The Associated Press. All Rights Reserved.)


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Comments are posted from viewers like you and do not always reflect the views of this station.
  • by ghettochip Location: richmond on Jun 11, 2008 at 07:34 PM
    Zatoichi --- I applaud you. We will see how close your prediction is to being correct.
  • by gale Location: lancaster on Jun 11, 2008 at 04:30 AM
    Sure they nwant this...They hope us State workers died before they have to pay us a pension...We onkly get a 1 percent raise and they expect us to continue on like we are so happy to be here.
  • by State Employee Location: Pulaski County on Jun 10, 2008 at 09:28 PM
    I hope this is for State Legislators also, because this would'nt be fair for other State employees to work harder, and longer at jobs and for the others to sit back and get paid to pass bills that effect Kentucky workers and families. I am sure glad I will die before I can draw my retirement, and look forward to that 1% raise coming up over the next 2 years. I think a fast food restaurant job with no degree would now be the same as a state job that requires thousands of dollars to get a degree and still not be able to retire until 60. Gas going up, nothing to look forward to no wonder everyone is on welfare, and who pays? The hard working Americans. It pays to have kids, no job, no car, and you still get paid. Common Sense is NOT so common anymore.
  • by Zatoichi Location: Richmond on Jun 10, 2008 at 06:13 PM
    It has been decided that any retiree past the age of 70 will be considered deceased and removed from the pension plan.

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