COPY-Parrett wants to rein in retirement for lawmakers - WDRB 41 Louisville News

COPY-Parrett wants to rein in retirement for lawmakers

FRANKFORT, Ky. (AP) -- Democratic state Sen. Dennis Parrett of Elizabethtown has filed legislation to close the Legislator's Retirement Plan, forcing all lawmakers to participate instead in the Kentucky Employees Retirement System that covers state employees.

The measure would close the legislative plan effective July 1 to new enrollees.

Parrett complained Thursday that the legislative retirement plan unfairly offers more lucrative benefits than other state pension plans. He said lawmakers should be under the same retirement plan as state employees.

Powered by Frankly
All content © Copyright 2000 - 2017 WDRB. All Rights Reserved. For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices.