From Frankfort

Major problems still remain with pension bill, former KRS trustee says

03/05/2018 03:31 PM

The latest version of a pension reform bill to be amended in committee is “among the worst bills” former KRS trustee Chris Tobe has seen because it’s bad for both retirees and the solvency of the plans, he said. Tobe thinks many of the provisions of the bill will have to withstand legal challenges. More than 20 provisions of the bill have been identified by by the Attorney General as violating the inviolable contract with retirees. “The bill itself,... Read more 

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