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Kentucky Gov Calls Legislature In Session For Pension Vote
By: Associated Press
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FRANKFORT, Ky. (AP) – Kentucky’s Republican governor has called the state legislature back in session to consider changes to the state’s troubled public pension system.
Gov. Matt Bevin issued a proclamation calling the legislature back in session at 8 p.m. EST Monday. The decision comes four days after the state Supreme Court struck down a pension law Bevin signed earlier this year.
Kentucky has one of the worst funded pension systems in the country. The state is at least $38 billion short of the money required to pay benefits over the next three decades.
Bevin did not say what the legislature would be voting on.
Acting GOP House Speaker David Osborne said the state House of Representatives is prepared to meet and the Republican Caucus is willing to do the people’s business.