Kentucky's pension fund is facing a $41 billion deficit over the next 30 years and bill sponsors say the bill is created to fill the gap by making most state agencies cut six percent and cut retirement benefits.
They stood outside Bowen Tire and Auto on Frederica Street in Owensboro for more than an hour Saturday morning.
Kentucky state Senators on Wednesday took the first step toward passing a bill they say would save taxpayers $3.2 billion over the next 20 years and stabilize one of the country's worst-funded public pension systems.
"You don't sign a bill until it's actually put in front of you", said Bevin, "and the bill that will be put in front of me, we don't know yet what that'll look like". This is what we have.
The business community has been calling for significant reforms to Kentucky's pension systems for over a decade, and we commend Gov.Matt Bevin, Acting Speaker of the House David Osborne, Senate President Robert Stivers and bill sponsor Sen.
Teachers have called lawmakers and packed legislative committee rooms to show their opposition.
"There's literally only a handful of cases that would fall under what I would say are potentially abusive", said Moraitis, who also is chairman of the Broward County Republican Party. It also includes a 5 percent raise for teachers, school service personnel, State Police, and state employees.
Teachers, public workers, and retirees have been reminding lawmakers for week about that promise through rallies, and walk-ins across the state and at the Capitol in Frankfort. "I'm cautiously optimistic and think we're heading in the right direction".
The Senate's original and primary proposal cut as much as $150 million from schools over the next three years, officials said.
"The reality is this: I'm saving the pension system. Next week you need to have 1,000 teachers her and you need to let them hear it louder than ever", said Jones.
"I believe that now is the time to take action, and we have an opportunity before us to demonstrate that the state legislature in the state of NY is taking these massacres that are happening across this country seriously", the Buffalo Democrat told News 4, pushing for the gun control measures passed by the Assembly.
West Virginia's House and Senate have unanimously approved a budget for the state government with $4.38 billion in general revenues for the fiscal year starting July 1, including raises for teachers, prison guards and many other state workers.
Throughout the week, Bevin said he would reserve his opinions on the legislation until it was on his desk.
Stivers acknowledged that the bill in its current form, was going to have a hard time passing in his chamber. We can't simply tax our way out of this problem; changes to the structure of retirement benefits are required.