Thursday, August 23, 2012

Are we ready to end legislative pension grab?

In 2012, no less than five legislative bills in the Kentucky General Assembly sought to stop further damage in the David Williams Pension Scandal.

None of those bills even got a floor vote in the House or Senate.

Senator Dennis Parrett is back with what will be Senate Bill 12 pre-filed for 2013. His bill would end the state legislator's pension program and take away the ability for legislators to get huge unearned pension "reciprocity" for election or appointment elsewhere in state or local government.

Senate President David Williams stood to gain hundreds of thousands of dollars under reciprocity had he been elected governor in 2011.