AG Beshear says pension bill violates inviolable contract for current and future retirees

02/28/2018 10:59 AM

Attorney General Andy Beshear, D-Kentucky, has sent a six page letter to lawmakers in the General Assembly, informing them that the proposed pension reform bill violates the inviolable contract for current and future retirees.

Senate Bill 1, which was filed last week, is a departure from Gov. Matt Bevin’s 2017 pension proposal, but Beshear says it goes too far in changing benefits for those retirees.

The letter was posted on social media along with a video from Beshear, hours before a planned vote on the bill in the Senate State and Local Government Committee.

In the direct to camera video to the people of Kentucky, Beshear says that he has sent a letter to legislators informing them that their pension plan violates state law.

“Sadly, Senate Bill 1 breaks that contract, takes away many retirement rights that were inside that inviolable contract — things like cutting the guaranteed cost-of-living-adjustment for teachers, things like changing how state troopers and state and county employees can use sick leave…,” he said.

Beshear details four points of contention with violations to the inviolable contract under the teachers plan in the letter.

The letter, which can be viewed at the hyperlink above, also says the pension plan violates the rights of state employees, state police and county employees.

Beshear recommends in the letter that instead of passing Senate Bill 1, the state legalize expanded gaming in an effort to dedicate a revenue stream to paying for pensions without raising taxes.

Nick Storm

Nick Storm is the Anchor and Managing Editor of Pure Politics available exclusively on Spectrum News. Pure Politics is the only nightly program dedicated to Kentucky politics. Nick covers all of the political heavyweights and his investigative work brings to light issues that might otherwise go unnoticed, like his coverage of the backlog of DNA rape kits waiting to be tested in Kentucky. Nick is also working on a feature length bio documentary Outlaw Poet: A documentary on Ron Whitehead. Pure Politics airs weeknight at 7 and 11:30 on Spectrum News. Follow Nick on Twitter @NStorm_Politics. Nick can be reached at 502-792-1107 or nicholas.storm@charter.com.

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