Category Archives: Doomsday scenarios

How Kentucky Tried to Make the Country’s Worst-Funded Public Pension Plan Even Worse

Many public pension funds are in a very deep underfunding hole, and too many are resorting to high fee investment strategies that at this point in the cycle are costly hopium. Gordon Hamlin, a pro bono advier to public pensions, sets forth a strategy for the most deeply underfunded state pension, the Kentucky Retirement System.

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