Politics
3:34 pm
Thu April 4, 2013

Gov. Beshear Signs Pension Bills, Measure Allowing Alcohol Sales On Election Day

Governor Steve Beshear has signed bills allowing alcohol sales on election day, reforming the state's pension system and finding revenue to pay for the reforms

The governor signed the bills Thursday, two days before his deadline to do so.

The pension bills would raise almost $100 million in revenue to pay for the underfunded pension systems. The reforms also put new hires into a 401k-style pension plan.

Opponents of the pension bills say they will hurt state workers by giving them weaker retirement plans and they question whether the bills raise enough money to fund the systems.

Beshear has still not acted on a bill that prepares Kentucky to grow industrial hemp, if it's legalized on the federal level. If he doesn't sign or veto it by Saturday, it will become law automatically.