Governor Bevin vetoes pension bill


FRANKFORT, Ky. (AP) – Kentucky Gov. Matt Bevin has vetoed a pension bill that was aimed at providing relief to some state-funded agencies struggling with ballooning retirement payments.

Bevin said in his veto message that he will call a special legislative session before July 1 to give lawmakers another chance on the issue. The Republican governor said the measure violated the “moral and legal obligation” the state has to the affected retirees.

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The measure was passed by the GOP-dominated legislature on the last day of this year’s regular session. As a result, lawmakers cannot override Bevin’s action.

The proposal would have let the state’s 118 quasi-governmental agencies – which include rape crisis centers, public health departments and some universities – leave the state’s troubled pension system. But they would have exited by paying less than what they owe.