Pension Fix Is Top Priority For Kentucky Chamber

Dec 7, 2017

The Kentucky Chamber met in Paducah.
Credit Nicole Erwin/ Ohio Valley ReSource

The state pension issue is at the top of the list of legislative goals the Kentucky Chamber of Commerce would like to see addressed in 2018. President Dave Adkisson spoke to members of the Paducah Chamber Thursday.  

Kentucky Chamber President Dave Adkisson says the pension issue is the QUOTE “number one threat” to the state’s financial stability and must be addressed in order to pass the 2018 budget.

“It will be a generational issue. This is like buying a house and having a 30 year mortgage. We will be paying on this for a few decades, but if we can get the plan in place and know what our payments will be each year that will be progress.”

Adkisson says the state must resolve the problem in order to move forward with a pro-growth, job creating agenda. Other issues include tax reform, smoke free workplaces, legal liability reform and requiring schools to incorporate soft skills in their curriculum. The Kentucky Chamber represents 68,000 employers across the commonwealth.