Tag: Retirement

Back From The Dead: Kentucky Gets Its Second Glimpse At Pension Reform

Update: SB 151 has been passed by the Senate 22-15. It was Thursday afternoon when the Kentucky House of Representatives convened for Day 57 of the Kentucky General Assembly’s 59-day session. It didn’t go as many expected. Back from the dead, elements of the controversial Senate Bill 1 were inserted into Senate Bill 151, which was originally filed as an act…

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The Pension Bill Dropped This Week. Here Are The Quick Facts.

After months of speculation, we’ve finally got a pension bill. And it’s a doozy. Senate Bill 1 was introduced this past Wednesday by Sen. Joe Bowen (R-Owensboro), who says the 30-year plan will effectively save the state’s public pension system. It differs wildly from Gov. Bevin’s proposal back in October, which would have raised the retirement age and switched teachers’…

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