House State Gov't Chair Brent Yonts explains COLAs in HCS to SB 2

86 views · Published 27 February 2013 · 2:07 · Indexed 17 October 2026

Channel: KET - Kentucky Educational Television · 2013 · Travel & Events

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Brent Yonts keeps the traditional, defined benefits plan for new hires as opposed to the 401K-like hybrid-plan proposed by Senate republican floor leader Damon Thayer. Yonts' bill demands the General Assembly pay the actuarially required contribution to the pension system beginning in fiscal year 2014, and then would be prohibited from suspending that statute.

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