Examining Kentucky's Zombie of a Pension Problem

Jan 28, 2014

Governor Steve Beshear's $20 billion budget includes nearly $190 million for K through 12 education, even at the expense of cuts to many other state agencies.  Part of that funding for education is coming at the expense of the Kentucky Teachers Retirement System.  Kentucky Public Radio's Jonathan Meador reports that the pension's unfunded liability could bring about dire financial straits for the Commonwealth.

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