EKB News

According to totals from a recently released report for the Kentucky Legislators' Retirement Plan, the retirement plan for legislators is set to increase by more than $3.5 million in the next budget. Because of a benefit enhancement voted into law four years ago, the total for pensions for state lawmakers will increase from $759,158 in the current budget to $4.28 million over the next two years, with almost half of the $4.28 million to be used to pay for a controversial enhancement that applies to fewer than 30 current and retired legislators.