Kentucky’s controversial pension reform bill, Senate Bill 151, has been declared unconstitutional.
WDRB reports that on Wednesday, Franklin County Court Judge Phillip Shepherd declared Senate Bill 151 void, ruling that the bill failed to meet procedural requirements set forth by the state Constitution.
The controversial bill was initially passed and signed into law by Governor Bevin earlier this spring, and would have mostly impacted new hires by placing them in a hybrid cash balance plan.
Presumably, this ruling means that all public employees will maintain their current retirement plans for the foreseeable future.
In the meantime, it looks like a new storm is brewing in Frankfort.
This story will be updated.
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