Stanford University Study Expresses Serious Concern About Funding of Ky. State Pension System

 

In an editorial in USA on Monday May 3rd. a Stanford University study was quoted as listing the Kentucky State Pension System as a  ”serious concern” along with 19 other state pension systems. The concern is due to underfunding of pension obligations.  This rating placed Kentucky in the worst category.

One suggestion in the article was to convert pension plans to a 401-K benefit system.

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