KRS says the report is ‘highly flawed’ and ‘unfairly slammed’ its efforts.
Proposal is expected to pass in the Senate Wednesday.
Court rules plaintiffs couldn’t demonstrate how they had been damaged.
State senator, the running mate of GOP Gov. Bevin, vows to come up with an alternative to bill Bevin vetoed.
Blackstone and Prisma lawyer up to get their money back from ‘meritless’ case.
Opponents call bill ‘idiotic and irresponsible.’
However, bill would need 60 of 100 House votes to pass.
Amid acrimony and a deadlocked legislature on the retirement plan issue, small signs of change are welcome.
Bipartisan division will try to analyze the state’s funding gap and develop passable pension proposals by mid-February.
The agency says the state’s lack of pension overhaul won’t hurt its rating, despite Bevin’s warning.
Pension reform, stymied in court, is on the top of the lawmakers’ agenda.
Ratings agency doesn’t downgrade the state but puts it on ‘credit negative’ status, which could portend trouble ahead.