Rep. Shell expects pension bill in two-three weeks; Likely reforms to KTRS

01/22/2018 04:28 PM

FRANKFORT — Majority Floor Leader Jonathan Shell, R-Lancaster, expects leaders from the House and Senate to reach an agreement on a pension reform proposal in the coming weeks.

Currently the House and Senate leaders are making tweaks to the legislation, and continue to await updated scoring and other analysis on the legislation, which could impact thousands of current and retired Kentuckians.

“We have sent a couple of bills to the actuaries, we’ve gotten back some numbers — we saw some positive things, we saw some negative things — but what we want to try and do is to get an actual plan, a positive plan; something that shows that we’re paying down the unfunded liability, but also we’re protecting workers at the same time,” he said.

Shell said leaders are putting “components” found in the 2008 and 2013 pension reforms into the other systems — a signal that the Kentucky Teachers Retirement System could see more focus in the eventual bill.

“The reforms that will happen in KTRS will show somewhat more savings, somewhat more movement than what you will see in KRS, because the reforms already happened,” he said.

Watch the full interview with Shell below.

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


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