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King on state pension fix: ‘There will be a lot of mad people’

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City councilman says supporters should be ‘ashamed’

By Ben Carlson

At least 1,200 state government retirees living in Anderson County are holding their collective breath as the legislature weighs how to fix a pension fund that could be bankrupt four years from now.
The pension system, by some estimates underfunded by as much as $20 billion, is teetering on the brink of solvency and legislators are working on a plan they say could save it for years to come.


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The Anderson News | circulation@theandersonnews.com | 502-839-6906
P.O. Box 410, 1080 Bypass South, Suite 3, Lawrenceburg, KY 40342
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