state pensions

Politics
4:57 pm
Mon January 7, 2013

Fischer, Gray Lead Call for Lawmakers To Shore Up Pension System

Louisville Mayor Greg Fischer
File photo

State and local officials, including Louisville Mayor Greg Fischer and Lexington Mayor Jim Gray, came together in Frankfort today to press for action to address rising pension costs. It’s a problem they described as fast approaching unsolvable.

David Draine, a senior researcher with the Pew Center on the States, made his case for adopting some or all of the recommendations made by a state pension task force.

"Without real reform, rising pension costs are going to threaten key public investments and things like education, public safety and infrastructure," Draine said.

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