Kentucky governor's office waiting to release cost of pension bi - WDRB 41 Louisville News

Kentucky governor's office waiting to release cost of pension bill

Posted: Updated:

LOUISVILLE, Ky. (WDRB) -- Kentucky Governor Matt Bevin's office says it's not ready to say how much a pension bill would cost taxpayers.

Kentucky State Budget Director John Chilton says the tax proposal is not finished yet, so he can't release a cost analysis.

The proposal was unveiled last month.

A consulting firm analyzed the bill to to predict how much it would cost taxpayers over the next few decades, but Chilton says that analysis is preliminary.

The Kentucky Teachers' Retirement System released a similar analysis last week. It showed the bill would cost taxpayers an extra $4.4 billion over the next 20 years.

Chilton claims that analysis was released prematurely.

Copyright 2017 by WDRB News. All rights reserved.

  • Sign Up for WDRB's Sports Newsletter

    * denotes required fields

    Thank you for signing up! You will receive a confirmation email shortly.
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.