Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

TexasTowelie

(116,694 posts)
Fri Mar 30, 2018, 03:00 AM Mar 2018

Kentucky pension overhaul wins Senate approval

FRANKFORT, Ky. (AP) — The Latest on Kentucky bill to overhaul one of nation's worst-funded public pension systems (all times local):

10 p.m.

Defying angry teachers, the Kentucky Senate has approved an overhaul of one of the country's worst-funded public pension systems and has sent it to Gov. Matt Bevin's desk for his signature.

The Senate voted 22-15 Thursday to approve a bill that preserves most benefits for current workers. Most of the changes would impact new hires. But the bill still drew the ire of hundreds of teachers protesting in the Capitol, with many chanting they would vote lawmakers out of office in November.

Republican Sen. Joe Bowen said the bill puts the state on a pathway to paying down its debt while assuring the system's strong financial future.

But Democratic Sen. Ray Jones said the bill would destroy everything teachers have fought for for decades.

Read more: https://www.victoriaadvocate.com/ap/national/the-latest-kentucky-pension-overhaul-wins-senate-approval/article_a3d526d6-927a-5038-8c3c-5d019d1f8e93.html

1 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Kentucky pension overhaul wins Senate approval (Original Post) TexasTowelie Mar 2018 OP
They should vote for change then, duforsure Mar 2018 #1

duforsure

(11,885 posts)
1. They should vote for change then,
Fri Mar 30, 2018, 06:21 AM
Mar 2018

And vote in all Democrats , or face more from being politically mugged by the GOP.

Latest Discussions»Region Forums»Kentucky»Kentucky pension overhaul...