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Kentucky universities, colleges could opt out of troubled pension system under bill

FEBRUARY 15, 2019 | by Linda Blackford | LEXINGTON HERALD-LEADER

Many university staff employees belong to KERS. Because the system is so underfunded, participating employers must pay increasingly large sums of money to keep it afloat. Those sharply escalating costs have panicked numerous schools already reeling from a decade of state funding cuts.

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