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TexasTowelie

(112,161 posts)
Thu Jul 25, 2019, 10:49 PM Jul 2019

Kentucky governor signs pension bill as special session ends

Gov. Matt Bevin signed pension legislation Wednesday after lawmakers delivered the bill he wanted to relieve regional universities and community social services agencies from crushing retirement costs.

Pension issues have cast a long shadow over the Republican governor's tenure in office, as he and lawmakers have struggled to shore up one of the country's worst-funded public pension systems.

The GOP-dominated Senate voted 27-11 on Wednesday to end work on the bill, which replaces a similar measure that Bevin vetoed in April after lawmakers had ended their regular session.

The measure took effect after Bevin's signature. Soon after that, the legislature ended the high-stakes special session that Bevin convened last Friday in the midst of his reelection campaign.

Read more: https://www.state-journal.com/news/state_news/ap_ky/kentucky-governor-signs-pension-bill-as-special-session-ends/article_1c078405-5bd0-5836-91c1-518c958e3ced.html

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