GREENUP COUNTY, Ky. — Danny Bentley-R, candidate Representative of the 98th District, recently signed a Legislative Pension Transparency Pledge, and is calling on his opponent, Lewis Nicholls to do the same.
Danny Bentley announced Monday he has signed the Bluegrass Institute for Public Policy Solution’s ‘Legislative Pension Transparency’ pledge and has called on Lew Nicholls to follow suit, as stated in a press release.
“The state employee and teacher pension systems are underfunded and lost money in the market last year. Many beneficiaries are worried there may be nothing left for them when they retire,” said Bentley “Meanwhile, the legislative pension system is fully funded and doing well in the market.”
The state’s liability for our educators’ retirements are as follows: Greenup County Schools at $74,703,628, Raceland School District at $28,904,004, & Russell Ind. Schools at $60,898,003. (47 percent shortfall ), according to reports.
“Despite fully funding their retirement and ignoring their obligations to public employees, House Democrats have refused attempts to let Kentuckians know what they stand to collect when they retire,” said Bentley “The Democratic Chairman of the committee that handles the pension systems even told a reporter in reference to legislative pension transparency ‘frankly, I don’t think that’s the public’s business.’
“We have short changed the hardworking Kentuckians who serve the Commonwealth. The least we can do is be open and honest about the benefits elected officials have voted for themselves. I’m proud to sign this pledge and hope my opponent will as well so the voters have some confidence that their whoever wins will go to Frankfort to represent the people, not enrich themselves.”
Nicholls told The Daily Times that he is not cognizant of the Legislative Pension Transparency pledge that Bentley is calling upon him to sign.
“This is the first that I have heard of it. I would have to see what it is that he (Bentley) is calling upon me to do,” Nicholls said. “I can tell you this, I do support trying to fix our pensions for teachers, and also for retired teachers. If he wants me to sign something before even looking at it, I can’t do that I’m going to have to see what it is he is talking about.”
Nicholls also said that he would willing to submit a comment in regard to the pledge after reviewing the information.
Reach Portia Williams at 740-464-3862, or on Twitter @PortiaWillPDT.