01/05/2018
From Jerry Bailey
Like many current and future retirees of the KY Retirement Systems (KRS) -- including KERS, CERS, & SPRS and Teachers Retirement System (KTRS), I am confused as to why the Pension Reform has yet to be discussed although it has been "insinuated" that we put forth less than a full work day... (or in the case of retirees that we somehow "padded" our benefits) and that issue was (IS) so important of an issue that the governor was willing to spend over $300,000 (a MINIMUM of $60K per day for 5 days) to address the issues (Which ALL of agree needs to be addressed).....
So..... let's discuss the cost of TODAY'S Legislative Session --
(Jan 4--Day 3 of the 2018 Legislative Session):
Both Chambers of the General Assembly were scheduled to begin at 2:00 pm today -- assuming each Chamber "gaveled in" at exactly 2:00 pm:
Senate Adjourned at 2:21 (In Session 21 minutes)
House Adjourned at 2:28 (In Session 28 minutes)
Must have been a BUSY DAY......
Primary Actions Taken: Introduction of several more pieces of legislation and referral of bills to committees.
COST for today's Session: (Assuming $60,000 per day and assuming each chamber's cost is based on the pro-rata share of number of members (Senate-38 members = 28% and House-100 members=72%):
Senate Share = $16,522 -- or $786 per minute
Per Senator = $435 per member or $20.73 per minute
House Share = $43,478 -- or $1,553 per minute
Per Representative = $435 per member or $15.53 per minute
What's the minimum wage PER HOUR in KY??