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Report: Pensions Fuel Kentucky’s $54 Billion Debt

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FRANKFORT, Ky. (AP) — Kentucky is more than $54 billion in debt, with estimated unfunded retirement benefits accounting for more than 80 percent of that figure. Republican Auditor Mike Harmon issued a report on Tuesday detailing the various sources of Kentucky’s debt. Pension liabilities were the largest, accounting for $43.3 billion. That’s the total number… Read More

Miners Urge Congressional Action On Pensions, Black Lung Fund

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Retired coal miners and coal community activists are on Capitol Hill this week urging action on two important issues for miners: pensions and black lung benefits. Advocates say funds supporting both pensions for retired miners and the federal benefits for those sickened by black lung disease are at risk if Congress does not act. Pension… Read More