Kentucky Pension Official Says Program May Be Turning Around

(Frankfort, KY) - A Kentucky pension plan official says the program may have turned a corner financially. 

Rich Robben told an oversight committee Monday that the country's worst-funded public pension plan has probably bottomed out.

 

Robben says the plan has a positive cash-flow for the first time in years. The financial bump is credited to large increases in the amount employers are required to pay to the plan.

Photo Credit: Getty Images

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