Vote on Kentucky pensions delayed as lawmakers huddle
FRANKFORT, Ky. (AP) - With hundreds of teachers chanting in the hallway, lawmakers in Kentucky called a recess instead of voting on a bill that would cut retirement benefits for one of the nation's worst-funded public pension plans.
The state Senate is scheduled to vote Friday on Senate bill 1, which would temporarily reduce annual cost-of-living raises for retired public school teachers among other changes. Teachers packed the state Capitol, chanting so loudly the Republican Senate president asked to keep the doors closed as much as possible. The Senate went into recess just after 9:30 a.m. EST so lawmakers could meet privately. The Senate reconvened at 11:30 a.m. EST.
GOP lawmakers say the bill would save taxpayers $3.2 billion over the next 20 years. But opponents say lawmakers should find new revenue before cutting benefits.
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