House OKs bill to reduce teacher retirement system’s unfunded liability

LRC Public Information Tuesday, Feb. 24, 2015 — A House proposal to authorize $3.3 billion in bonds to reduce the unfunded liability of the Kentucky Teachers’ Retirement System’s pension fund is heading to the Kentucky Senate. House Bill 4, sponsored by House Speaker Greg Stumbo, D-Prestonsburg, was approved in the House today on a 62-31 … Continue reading House OKs bill to reduce teacher retirement system’s unfunded liability