Summary
A plan endorsed by Gov. Ernie Fletcher and the state Senate to overhaul Kentucky's pension system would overburden the state's financial future, U.S. Sen. Jim Bunning said Tuesday.
Bunning, Kentucky's junior senator and a Republican, criticized a plan pending in the General Assembly that calls for the state to sell about $800 million in pension bonds to give its financially troubled public retirement systems a cash infusion.See the full content of this document
Extract
Bunning: Pension Proposal Adds Too Much Debt
"That won't work," Bunning said of the plan. "There's no way to pay the bonds off out of future incom...
See the full content of this document
