Blue Ribbon Tax Commission

Tax Commission Looks at Exemption on Pensions

Nov 9, 2012

A panel appointed by Kentucky Governor Steve Beshear to recommend tax reforms is considering a proposal that would result in more retirees having their pensions taxed. Lieutenant Governor Jerry Abramson, chairman of the Blue Ribbon Commission on Tax Reform, says members may recommend tweaking a policy that exempts annual pensions of $41,100 or less from taxes.