FRAKNFORT, Ky. (AP) – Kentucky Gov. Matt Bevin has criticized some state workers for inflating their public pension benefits.
In an interview on WVLK radio, Bevin questioned why some state workers were allowed to keep unused sick days and use them to boost their salaries and earn a higher retirement benefit. He questioned if state workers should be allowed to purchase service time, allowing them to retire faster.
Bevin’s comments hint at possible changes to the state’s retirement systems, which are among the worst funded in the country. The governor said he plans to call a special session of the state legislature this year to change the pension system. He also indicated he was interested in exploring a 401(k)-style plan for future state workers.
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8/25/2017 3:30:37 PM (GMT -4:00)