Kentucky Chamber Calls on Legislature to Re-Enact Pension Reform

  • FOR IMMEDIATE RELEASE
    December 13, 2018
     
    In response to today's Supreme Court ruling on pension reform legislation that passed during the 2018 General Assembly, Kentucky Chamber President and CEO Dave Adkisson released the following statement:
     
    “Today’s decision by the Kentucky Supreme Court is very unsettling for the business community. After several years of advocating for pension reform and a very difficult session that yielded actual progress, the Kentucky Chamber is very discouraged that we are back to square one. The billions of dollars in unfunded liability continue to weaken Kentucky’s bond rating and threatens investment in everything from infrastructure to education. We urge the General Assembly to not be dissuaded from reforming the pension systems and to again pass meaningful reforms that will put our pension systems on a sustainable track through the process deemed constitutional by the Supreme Court.”
     
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    Published: 
    Thursday, December 13, 2018

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