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Kentucky Group Will Not Recommend Switch to Defined Contribution Plan
Cypen & Cypen 
Nov. 17, 2008 Excerpt: A working group appointed by the Governor of Kentucky to study the state's public pension system has declined to recommend moving new state workers into a 401(k)-type retirement plan.... While 48 states, including Kentucky, offer a defined benefit plan as the primary source of employee retirement income, private companies have been dumping them[.] MORE >> |
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