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KY Lawmakers approve pension relief for universities, public agencies

By John Cheves, Jack Brammer and Daniel Desrochers, Lexington Herald-Leader

The House and Senate reached a deal Thursday night on how to provide pension relief for the state's regional universities and "quasi-public" agencies, such as county health departments, mental health nonprofits and other groups that are technically outside state government.

Helping the universities and agencies carry their share of the state's $37 billion public pension shortfall without slashing services or even closing their doors proved to be perhaps the trickiest problem facing the 2019 General Assembly, lawmakers said.

Read more at kentucky.com




This story was posted on 2019-03-29 09:44:51
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