TITLE

Retirement System Chief Keeps Pushing for More Funding

AUTHOR(S)
DeSue, Tedra
PUB. DATE
March 2006
SOURCE
Bond Buyer;3/30/2006, Vol. 355 Issue 32350, Special section p60
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article provides an overview of the fiscal condition of Kentucky. According to state officials, Kentucky's investment earnings for its retirement system have been positive with returns exceeding the 8.25 percent goal. However, Kentucky Retirement Systems administrators claim that the plan is in jeopardy because of the failure of legislatures to appropriate the funds needed to the plans adequately funded. Executive director William Haynes has organized a campaign to force Governor Ernie Fletcher to increase the state's contribution to the retirement system for the biennium.
ACCESSION #
20409241

 

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