Bevin: Pension reform plan will be ‘good, good bill’

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FRANKFORT, Ky.  (KT) – Gov. Matt Bevin said on a Louisville radio show Tuesday afternoon that marathon meetings have been taking regarding the reform of the public pension system.

 

“On weekdays, on weeknights and on weekends, to address this pension issue,” Bevin said of the meetings while talking with Louisville radio personality Terry Meiners.  “We have a good, good bill that is going to be coming forward. Anyone who does not support it for political reasons, it would be a shame.”


State officials have said for weeks that the work is being done in preparation for reforming the pension system.


Last week, House Speaker Jeff Hoover, R-Jamestown, said, “I would hope that over the next week or ten days, we would be closer to where we would be in a position to make some public announcement.  We’re not there yet, but we’re much closer than we were.”


Two things that Bevin said won’t be in the bill is legalization of recreational marijuana and casino gambling.  “Those are sucker bets,” he said.


As for a timetable, the governor said, “I’m going to call a special session in the days ahead, very soon.  I would love to get this put to bed this month.” 


He also echoed a comment made by Hoover last week when he said they were coming closer to agreement. “I do think, once we do that, there will be a big sigh of relief from folks all over Kentucky,” Hoover told reporters.


“We promise those that are retired they’re going to get what has been given to them, and they deserve that,” Bevin said. “We promise those that are working towards a retirement that they’re going to get the promise that was given to them, and we need to deliver on that promise.  And for those people not yet in the system, we need to have a system that will actually deliver to them what‘s promised to them, and not come at the expense of those working and those already retired.”


Bevin’s bottom line: “There are going to be fixes in there addressing problems that have affected this state for a long time.  It going to be a bill that every single legislator who is responsible and cares about the financial security and the future of Kentucky will be behind.”

 

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