Kentucky is stressed -- pensions to blame?

KentuckiansStressed

KentuckiansStressed

       A recent Gallup poll revealed that Kentucky is one of the top 5 most stressed states in the nation. Certainly not something to be proud of.

One has to wonder though, what is the source of this stress? Might it be Kentucky's ever-growing public pension crisis?

Probably not. It is, however, easy to see how someone might think that is the case:

  • $34 billion unfunded public pension liability

  • legislators voting to increase their own pension benefits

  • private organizations receiving taxpayer funded retirement plans

Even just within the discussion of public pensions, Kentuckians have quite a bit to be stressed about. The problem can be solved though if legislators would consider these solutions.

Reduce Government Spen..., Smaller GovernmentJim WatersFuture Shock, Pension reform, Public Pensions1 Comment