Lawmakers give teachers’ pension fund an extra $1B instead of awarding it to ailing KERS

The Kentucky Senate Appropriations and Revenue Committee¬†led by Chairman Chris McDaniel, R-Taylor Mill, recently unveiled its version of the KY budget for the next two fiscal years. Despite what the teachers’ unions and media would have you believe, the Senate version of the budget fully funded the Teachers’ Retirement System (TRS) with no strings attached.…