Mayor: Passing Pension Bill Makes "A Great Day For Lexington

Set Text Size SmallSet Text Size MediumSet Text Size LargeSet Text Size X-Large
Share
Updated: 3/09/2013 2:09 am
Lexington Mayor Jim Gray says the biggest financial problem facing the city has been solved with the passage of a bill that reforms the city's police and fire pension fund.

The just-passed bill include lower cost-of-living adjustments and increased contributions from employees.

A majority of firefighters and police, both active duty and retired, supported the plan.

Gray said it also cuts debt in half and encourages jobs and economic prosperity and goes on to say "it's really a great day for Lexington."

The legislation now goes to Governor Beshear for his signature.

Share
Inergize Digital This site is hosted and managed by Inergize Digital.
   

WTVQ.com supports children's privacy rights. All persons under the age of 13 MUST have parental permission to use this website and direct parental supervision is strongly recommended.