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Kentucky legislators hit the reset button on pension reform

By Tom Loftus, Louisville Courier Journal

Lawmakers on the new Public Pension Working Group learned -- or relearned -- on Tuesday that there are 559,625 members of Kentucky's eight distinct retirement plans. And they learned that those plans are saddled with $42.7 billion in unfunded liabilities.

The group started at ground zero at its initial meeting, which included a three-hour briefing on the structure and size of Kentucky's public pension plans and the crisis at hand.

Read the full article at courier-journal.com




This story was posted on 2019-01-16 11:13:38
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