WKYT | Lexington, Kentucky | News

New players in place to tackle pension crisis

FRANKFORT, Ky. (AP) - Two western Kentucky lawmakers will lead Kentucky's debate about how to deal with the state's pension crisis.

The House selected Democratic state Rep. Brent Yonts of Greenville on Friday to serve as chairman of the State Government Committee, which has jurisdiction over pensions.

Earlier this week, the Senate chose Republican state Sen. Joe Bowen of Owensboro as chairman of the State and Local Government Committee, which also is working on the pension issue.

For the past year, lawmakers have been trying to find a way to deal with a $33 billion unfunded liability in the pension system. A legislative task force that spent months studying the issue recommended pumping in more money without saying where the money would come from.

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 This material may not be published, broadcast, rewritten or redistributed.)


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