The Bluegrass Institute for Public Policy Solutions

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Care to guess what the retirement system's debt is?

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Below is a frightening quote from the upcoming release Future Shock: Kentucky's Politicians' Opulent Pensions Have Become A Modern-Day Gold Rush.

According to the Legislative Research Commission, the state's current debt from borrowing is $9.6 billion - an impressive amount, but no so much compared to the retirement systems' debt, which is 34.5 billion. As a percent of our state's personal income, this combined debt of $44.1 billion is near the highest - if not the highest - among the 50 states.

Don't miss the release of this report on June 11, 2012. This is information that all Kentuckians need to know!