Kentucky isn’t the only state with a pension crisis. Here’s how others coped.
by DANIEL DESROCHERS, [email protected] – SEPTEMBER 01, 2017 3:03 PM — In New Jersey they turned to the state lottery. In Illinois they raised taxes. In South Dakota they lowered their cost-of-living adjustments. Kentucky has one of the worst-funded pension systems in the country, but it isn’t alone. Following the Great Recession, about 75 percent of…