A nonprofit publication of the Kentucky Center for Public Service Journalism

Jim Waters: Fix state’s retirement systems; one idea: no more sick day accumulation to spike pensions

Legislators campaigning to hold on to their seats may be jittery about dealing with controversial pension reform, but the problems plaguing the state’s retirement systems don’t hibernate just because there’s an election. Despite record amounts of funding in recent years, the ailing Teachers’ Retirement System (TRS) is saddled with $14.5 billion worth of liabilities, remains under 60% funded...