Kentucky Pension Law Seen as ‘Negative’ for Credit Rating

By: Bruce Schreiner | AP
Posted on: Tuesday, August 6, 2019

FRANKFORT, Ky. (AP) — Kentucky’s new pension law looms as a “negative” for the state’s credit rating, according to a credit rating agency’s report. Gov. Matt Bevin, who urged lawmakers to enact the law, said Monday he wasn’t surprised by the Moody’s report, saying it backs up his claims that considerably more work is needed… Read More