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FRANKFORT, Ky. (AP) — Kentucky Gov. Matt Bevin’s pension-relief proposal won approval from a legislative committee on Saturday, clearing its first hurdle of the mid-summer special session. The House State Government Committee approved the measure after defeating two Democratic-sponsored proposals during a three-hour hearing. The action sets the stage for a vote Monday in the… Read More
FRANKFORT, Ky. (AP) – A Kentucky judge says a financial analysis of Gov. Matt Bevin’s original plan to revamp public pensions was wrongfully withheld from public release under the open records law. Franklin Circuit Judge Phillip Shepherd’s ruling Thursday also sheds light on the analysis. He says it reveals that under the proposed plan, the… Read More
FRANKFORT, Ky. (AP) – Some top Republican lawmakers in Kentucky say GOP Gov. Matt Bevin hasn’t lined up enough votes yet to pass his pension bill in an expected special legislative session. House Majority Floor Leader John “Bam” Carney said Monday that Bevin is getting closer to gaining enough support. But Carney says the governor… Read More
FRANKFORT, Ky. (AP) — Kentucky is more than $54 billion in debt, with estimated unfunded retirement benefits accounting for more than 80 percent of that figure. Republican Auditor Mike Harmon issued a report on Tuesday detailing the various sources of Kentucky’s debt. Pension liabilities were the largest, accounting for $43.3 billion. That’s the total number… Read More
The decision is a major victory for state employees, as well as for state Attorney General Andy Beshear as he runs to unseat Gov. Matt Bevin, who championed the controversial law.
Retired coal miners and coal community activists are on Capitol Hill this week urging action on two important issues for miners: pensions and black lung benefits. Advocates say funds supporting both pensions for retired miners and the federal benefits for those sickened by black lung disease are at risk if Congress does not act. Pension… Read More
LOUISVILLE, Ky. (AP) – A Kentucky judge has struck down a new public pension overhaul law that angered thousands of teachers who marched on the state Capitol and closed dozens of school districts in protest. Franklin County Circuit Judge Phillip Shepherd ruled Wednesday that the process the Republican-led legislature used to enact the law violated… Read More