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Workers Call for Fully Funded Pension System
By AP
FRANKFORT, KY - Government workers and retirees are calling for full funding for the state's pension system that faces a $33 billion unfunded liability.
 
Scores of people gathered at the Capitol on Thursday for a boisterous rally to make their position clear to lawmakers.
 
Boone County school bus driver Helen Cottongim said government workers deserve financial security in retirement after a lifetime of service.
 
Lawmakers are looking for a way to pay down the unfunded liability in the pension system. A legislative task force that spent months studying the issue recommended pumping in more money without saying where the money would come from.
 
The Kentucky Public Pension Coalition, a group of government workers, retirees and advocates, has been lobbying lawmakers not to make wholesale changes to the pension system.

Published 03:35 AM, Friday Jan. 11, 2013
Updated 11:56 AM, Saturday Jan. 12, 2013

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