Legislators override veto of bill reforming pensions for future Kentucky teachers

Link: https://www.wdrb.com/news/education/legislators-override-veto-of-bill-reforming-pensions-for-future-kentucky-teachers/article_7cce8d94-90e7-11eb-99ba-d74ac0b11b3d.html


Kentucky lawmakers voted Monday to override Gov. Andy Beshear’s veto of a bill that would change future teachers’ pension benefits. 

The House and Senate, both with GOP supermajorities, voted to override Beshear’s veto of House Bill 258, which would create a “hybrid” pension tier blending defined benefit and contribution components for new Kentucky teachers hired starting in 2022. 

That means teachers hired starting next January would be required to pay more toward their retirement and work longer before they can earn full benefits.

Author(s): Associated Press

Publication Date: 29 March 2021

Publication Site: WDRB