Kentucky Center for Economic Polocy http://wfpl.org en Economic Group Encourages Lawmakers Not to Switch Pensions to 401k Style Plans http://wfpl.org/post/economic-group-encourages-lawmakers-not-switch-pensions-401k-style-plans <p>A relatively new economic think tank in Kentucky has released a report that pushes back on calls to cut the state&#39;s pension benefits.</p><p>The report from the Kentucky Center for Economic Policy says the idea that public pensioners are well-compensated compared to their private sector counterparts is a myth.</p><p>&ldquo;If you fairly compare what public workers receive at this point in Kentucky, compared to the private sector in total compensated, wages and benefits, you find that they are actually somewhat under-compensated,&quot; says KCEP director Jason Bailey.</p> Wed, 18 Jul 2012 21:31:24 +0000 Kenny Colston 1056 at http://wfpl.org