A nonprofit publication of the Kentucky Center for Public Service Journalism

Bevin calls special session — to start Friday morning — on public pensions to address state’s looming crisis

Gov. Matt Bevin will convene the Kentucky General Assembly into special session, beginning this Friday, July 19 at 8 a.m. EDT.

Since the conclusion of the 2019 Regular Session, Gov. Bevin and his team have worked closely with state legislators preparing for a special session to save Kentucky’s quasi-agencies, including regional universities, health departments, domestic violence centers, and community health centers, from the financial stress caused by the state’s looming public pension crisis.

Two and one-half months ago, the Governor publicly introduced a proposal to provide immediate fiscal relief to the state’s quasi-agencies and provide long-term options that will offer these organizations the ability to continue operation and save critical community services.

This bill has been thoroughly vetted and improved with input from legislators. It is the only fiscally responsible plan that provides our regional universities and quasi-governmental agencies with a path to a sustainable future.

A proclamation will be issued later this week in accordance with Section 80 of the Kentucky Constitution.

House Democratic leadership issued the following statement about the special session:

“The House Democrats have put forward a reasonable and financially sound pension proposal in BR 11 to help our public health departments, regional universities and other quasi-governmental agencies, and we look forward to presenting our ideas when the special session begins.

“Our proposal has been vetted by the governor’s chosen actuaries; it’s received positive feedback from those affected; and it provides more certainty and stability for the agencies, their employees, the state retirement system and state government. It would be immoral to pass a bill that does anything less.”

Related Posts

Leave a Comment