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New Ky. legislators want pension opt-out

Cincinnati.comFebruary 18, 2013

Some new state legislators campaigned last year on the promise not to accept a state pension if elected but then found the law wouldn't let them refuse.

A bill introduced by State Rep. Diane St. Onge, R-Lakeside Park, would allow them to make good on their promise.

The bill would allow any lawmaker to opt out of the state pension and would prevent any new legislator elected after July 1 this year from entering the state pension system.

The bill wouldn't mandate that incumbents drop the pension plan. But St. Onge, a new legislator, said she would exit the pension system if the bill passes.

While eliminating some legislator pensions won't solve the state's $30 billion pension shortfall, it will make reform easier, St. Onge said.

 

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