Covering Frankfort

Feb 4, 2013 12:17 PM

Lawmakers Coming Back To Frankfort For Round 2

FRANKFORT (AP) - Lawmakers are scheduled to return to Frankfort this week to take on some of the state's most pressing issues, including finding a way to shore up the financially troubled pension plan for government retirees.

The Legislature met for a week in early January to elect House and Senate leaders, then took a three-week break that ends on Tuesday. The House is scheduled to convene at noon EST and the Senate at 4 p.m. EST.

Lawmakers will remain in session through the end of March in hopes of resolving a $33 billion unfunded liability in the state's pension system. Lawmakers want to put more money into pensions, but haven't yet identified where the cash would come from. A proposal to reform the state's tax code could hold the answer.

(Copyright 2013 The Associated Press. All rights reserved.)

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