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Public Pensions Task Force makes recommendations

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By Jimmy Higdon

Earlier this summer a Public Pensions Task Force began meeting to discuss possible solutions to the unfunded liability in the Kentucky retirement system.  After several months of consideration and discussion with local and national experts, we approved an eight-point proposal outlining suggestions to put Kentucky's public retirement system back on sound financial footing.
We looked at ways to pay down the pension debt, provide immediate relief to cash-strapped budgets and create a new pension system that is sustainable and secure.


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