Sen. Dorsey Ridley on SCS I Legislative Update I KET

77 views · Published 10 March 2015 · 0:44 · Indexed 1 November 2026

Channel: KET - Kentucky Educational Television · 2015 · Education

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It was a big day for a colossal issue facing the legislature as the short session enters the home stretch: how to manage the vast and growing unfunded liability in the Kentucky Teachers’ Retirement System. House Bill 4 proposes a $3.3 billion bond issue for KTRS. 

When the Senate State and Local Government Committee considered the matter yesterday, Republicans presented an alternative proposal for a legislative review of KTRS before incurring more debt. In explaining his vote against that idea, Sen. Dorsey Ridley (D-Henderson) expressed the consensus of Democrats that gutting the proposed bond issue is a missed opportunity.

For more on this story, visit ow.ly/KahRj
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