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Pension relief uncertain after Kentucky governor’s veto

APRIL 10, 2018 | by Daniel Desrochers | GOVERNING

“Gov. Matt Bevin vetoed a bill Thursday that would provide pension relief to local governments in Kentucky and allow certain groups to stop participating in state-operated pension systems. …'In their current form, the buy-out provisions are well-intended, but provide too much risk to the solvency of both the KERS and CERS systems,' Bevin said in a prepared statement. 'These provisions, as currently written, will lead to cash flow issues and shift even more of a burden to future taxpayers.' …”

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