Coming Monday! The next installment of 'Future Shock'
On Monday morning we will be releasing the next installment in our public pension exposé, Future Shock: Kentucky Politician's Opulent Pensions Have Become A Modern Day Gold Rush.
The report will outline how Kentucky's legislators have voted to increase their own wealth by sweetening their pensions on the backs of Kentucky's taxpayers.
You don't want to miss this!
From the report:
According to the Legislative Research Commission, the state’s current debt from borrowing is $9.6 billion — an impressive amount, but not 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 the not the highest — among the 50 states.