Ruh ro, Kentucky Retirement Systems, Greg Stumbo is angry. He recently appeared on CN|2. And he says your actuaries provided bogus actuarially required contributions.
On a related note, Princess Damon Thayer has been pretending to know a lot about the state’s pension system:
We can’t help but wonder who arranged for the “task force” to hear testimony from the right-wing Arnold Foundation. It’s funded by an Enron billionaire hedge fund manager and poses as an objective think tank by advocating the end of defined benefit plans. Here and here.
And you wonder why Kentucky still can’t have nice things.