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.