Lawmakers’ choice: Take steps to reduce public-pension benefits and beneficiaries, or watch the system collapse
Some reporters claim: “Kentucky’s choice: Have a mental health agency close or further damage the pension fund?” But a question not being asked is: Why was a nonpublic agency like Seven County Services on the taxpayer-funded public pension plan in the first place? Why are there 1,701 agencies on the commonwealth’s pension dole, including a private credit union with…