• HOME :
  • NEWS :
  • ‘PENSION RELIEF’ BILLS COULD SAVE LOCAL AGENCIES, AT A HIGH COST TO KENTUCKY TAXPAYERS

‘Pension relief’ bills could save local agencies, at a high cost to Kentucky taxpayers

MARCH 6, 2019 | by John Cheves | LEXINGTON HERALD-LEADER (KENTUCKY)

For state employees nervous about the security of their retirements, however, continued pension relief seems like a well-intentioned effort that could leave them the last occupants of a sinking lifeboat, said Jim Carroll, spokesman for Kentucky Government Retirees, a Facebook advocacy group. ‘Someone has to pay that ARC (actuarial required contribution), and if the quasi-public agencies don’t have to do it, then it’s all going to fall on the state.’ …

NEWS

Create your own charts

VIEW LESS