Lawmakers were still at odds Tuesday on how to shore up Kentucky’s financially troubled pension plans for state and local government retirees, even though Gov. Steve Beshear had another closed-door meeting in his office with the Legislature’s two top leaders.
Beshear, who has been personally involved in the talks for the past week, said he remains optimistic that the issue can be resolved in the final days of the legislative session.
“I think we’re making some progress,” Beshear told reporters on Tuesday. “It’s going to take some time.”
House and Republican led Senate agree on the need to restore solvency to the pension system, which has a $33 billion unfunded liability.
Beshear met privately with House Speaker Greg Stumbo and Senate President Robert Stivers in his Capitol office late Tuesday. Stumbo said the meeting was another step forward.