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Public pension proposal unveiled, but questions persist

JUNE 25, 2019 | by Tom Latek | KENTUCKY TODAY

“… She also fears the so-called inviolable contract the state made with employees is violated in the bill.  ‘They’re changing the retirement system on them, and it’s not the employee’s decision, it’s the employer’s decision.’ In addition to Kentucky’s regional public universities, the legislation would also affect 118 agencies such as local health departments, rape crisis centers and mental health clinics.  The Kentucky Employees Retirement System is among the worst-funded in the nation.”

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