Senate rejects House bills to fund, fix pensions

Senate rejects House bills to fund, fix pensions

Senate rejects House bills to fund, fix pensions

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by Associated Press

WHAS11.com

Posted on February 28, 2013 at 9:40 PM

   FRANKFORT, Ky. (AP) -- The Senate has rejected the House's proposals to fund and overhaul Kentucky's pension plans for government retirees.
 
   The Republican-controlled chamber on Thursday first refused to consider the Democratically sponsored bill to stabilize pension funds through lottery games and slot-like machines at horse tracks.
 
   The Senate based its rejection not on a vote but on a legislative rule that requires 60 of the 100 House members to pass a revenue measure during a short legislative session. The House passed the bill Wednesday 52-47.
 
   The Senate then rejected by voice vote the House's plan to overhaul retiree benefits. Senators said the plan ignores a bipartisan task force's recommendations and removes a Senate provision to create a 401(k)-like plan for new hires.   
 

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