The Kentucky General Assembly has formed a Public Pensions Working Group to review and analyze the state’s public pension systems.
A release says the working group, created by co-chairs of the Legislative Research Commission, will conduct a review of the systems’ structure, costs, benefits, and funding.
The working group is authorized to meet as often as necessary at the discretion of the co-chairs during the current General Assembly, up to March 30, and, if necessary, can meet monthly during the 2019 legislative interim through December 30.
The group is charged with making recommendations for General Assembly action by February 15, although the group’s co-chairs can request an extension until March 1, if needed. If even more time is needed to gather information before making recommendations, the co-chairs can submit an additional request for an extension to December 1.
Kentuckians can share their comments about the state’s public pension systems with state lawmakers serving on the newly formed Public Pensions Working Group by emailing messages to PublicPensions@lrc.ky.gov.
The group’s first meeting will be held Tuesday, January 15.
