Pension Transparency Bill is Good First Step

January 30, 2017

Senate Bill 3, which passed the House and Senate the first week of the 2017 session, and was supported by State Representative Diane St. Onge, provides an example for needed government transparency by making the value of lawmakers’ pensions available for public viewing.

Kentucky’s pension systems have a shortfall of more than $80 billion – with a “b.” Pension reform begins with transparency, making the legislators’ pension transparency bill a solid first step, with much more work to follow.

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