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Vice is never the answer

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FROM MY PERSPECTIVE by JOHN SHINDLEBOWER/Spencer Magnet Editor

The pension crisis continues to dominate headlines across Kentucky as state lawmakers wrestle with ways to preserve the retirement systems for teachers and other state workers without bankrupting the Commonwealth’s coffers.

Years of mismanagement and inadequate funding have resulted in the real possibility that the system will run out of money to pay the promised pensions of those about to retire and those already retired, not to mention those who are just starting or who are in the middle of their careers.


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The Spencer Magnet | circulation@spencermagnet.com | 502-477-2239
P.O. Box 219, 100 W Main Street, Taylorsville, KY 40071
Office Hours are 9:00 a.m. to 5:00 p.m., Monday through Friday