SAFE at Last: Victims of abuse throughout the Kentucky will not see cuts in services thanks to “pension fix” bill
KY legislature passes HB8, which provides a plan for the state’s quasi-agencies to remain in state retirement program.
FRANKFORT, KY, USA, March 12, 2021 /EINPresswire.com/ -- Both the Kentucky House of Representatives and Senate have unanimously voted to pass HB8, a bill providing a long-awaited, permanent “pension fix” for the state’s quasi-government agencies, the majority of which provide essential social services such as emergency shelter and supportive services for survivors of domestic violence, sexual assault, and child abuse.
For several years, these quasi-government agencies, including the Kentucky Coalition Against Domestic Violence, the Kentucky Association of Sexual Assault Programs, and the Children’s Advocacy Centers of Kentucky, and many of their member programs have shouldered the burden of Frankfort’s broken pension system by paying exorbitant rates on retirement costs. These cumbersome expenses threatened the long-term solvency of agencies that provide state-mandated, life-saving services to our most vulnerable citizens.