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Pension plan is not perfect, but it’s a good step in the right direction

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By Jimmy Higdon

Our public pension systems are in peril. An ailing pension system threatening our state’s financial stability is the No. 1 issue facing our great Commonwealth. They risk reducing and crowding out many other areas of the Commonwealth's budget. The Kentucky Employee Retirement Systems (KERS), the plan covering the Commonwealth's non-hazardous employees, is within about six years of default. The funding for this system and many others have been neglected by two generations of politicians.


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The Lebanon Enterprise | circulation@lebanonenterprise.com | 270-692-6026
119 S. Proctor Knott Avenue, Lebanon, KY 40033
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