Kentucky’s Pension ‘Reform’ Cuts Benefits, But Makes Funding Problems Worse

Kentucky’s Pension ‘Reform’ Cuts Benefits, But Makes Funding Problems Worse: Kentucky is currently considering overhauling its pension system. Sadly, the bill that recently passed the state senate — and will soon be discussed by the state assembly — cuts benefits for workers, but doesn’t shore up the system’s funding. The bill would abolish traditional pensions for new public sector workers while cutting cost of living [...]/p