The Republican Focus Will Be On Budget, Pension

Jan 1, 2018

Credit Kentucky.com

Lawmakers return to Frankfort this week for the 2018 General Assembly and are slated to make changes to the state’s pension systems, craft a new two-year budget and consider a variety of other legislation.

This will be the first time in Kentucky history that a budget will be written by a Republican-led legislature and governor. 
 

On WHAS Radio’s Terry Meiners Show, Bevin said major cuts are likely across state government. 

“Everyone everywhere should anticipate—with some exceptions there’s certain things we have always exempted and will likely exempt again. But there’s some things we have exempted that may not get exempted,” he sais.

During the last budget session, Bevin signed a budget that cut most of state government by about 9 percent, though K-12 and state Medicaid funding were exempted. 
For the upcoming spending plan, Bevin says the legislature needs to set aside an additional $2 billion for the state’s ailing pension systems—about 10 percent of the state’s $21 billion two-year budget. 

Legislative leaders say they’ll make changes to the state’s public pension systems early in the session. 
The legislative session lasts until April 13.