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Blue Ribbon Commission on Public Employees Retirement Systems
Governor Ernie Fletcher appointed the 24-member Blue Ribbon Commission on Public Employees Retirement Systems to study methods to address the current unfunded liabilities accrued by the Kentucky Retirement Systems and the Kentucky Teachers’ Retirement System, including pension and health insurance benefits. Over the coming months, the commission will develop a plan to fulfill its retirement obligations to current retirees and employees while examining the appropriate level of benefits for future employees. This plan must be presented to the governor no later than Dec. 1, 2007.
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