Excerpt:
Kentucky lawmakers have overridden Gov. Andy Beshear’s veto of a bill that would change pension benefits for future teachers.
In what some Republican legislators hope will be the beginning of larger pension reform, the House and Senate voted to override the veto of House Bill 258 Monday.
The House voted 63-31, followed by a 25-13 vote in the Senate.
Beginning in 2022, new Kentucky teachers will be placed on a “hybrid” pension plan that combines elements of defined contribution and defined benefit plans.
Author(s): Olivia Krauth
Publication Date: 29 March 2021
Publication Site: Courier-Journal