House leader says pension bill could be filed as soon as Tuesday

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FRANKFORT, Ky.  (KT) - House Speaker Pro Tem David Osborne said Monday a public pension reform bill is nearly written and could be filed as soon as Tuesday.

Osborne, R-Prospect, said a bit more additional information is needed from the Kentucky Retirement Systems to complete the legislation, which has been in the works for months.

"It's been frustrating for everybody," he said. "But we feel we have to have the best information we can possibly have."

Osborne said a pension bill will produce signficant savings in the long term, "but "immediate budget savings are going to be difficult to come by."

House lawmakers are making progess on the state budget bill, Osborne said.

"Budget review subcommittee chairs are still going through extensive, line-by-line items with officials," he said.  "It's a very aggressive schedule that we've put together, but we feel like the sooner we can get it off to the Senate, the better off we'll be."

Osborne indicated last week that he'd like to have it to the Senate by the end of this month, which is an earlier than usual timetable.

An adoption and foster care reform bill could be ready for lawmakers to consider within a couple weeks.

"That bill has widespread support among leadership and the members," Osborne said. "They spent a lot of time and effort to produce a quality bill."

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