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Kentucky’s worst-funded pension fund shows signs of turnaround

AUGUST 28, 2019 | by Ryland Barton | WKU PUBLIC SERVICE RADIO (KENTUCKY)

“Over the summer, the legislature passed a bill that will allow the move of thousands of employees of ‘quasi’ agencies like regional universities and health departments out of the state’s pension system and into 401k-type plans. That law won’t help the funding status though — it is predicted to add about $800 million to the state’s pension liability.”
 

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