Louisville ranks low on pension funding for municipal workers FRANKFORT, KY. — Major cities in the U.S. are racking up massive pension debts, and Louisville is among the worst in the nation, according to a report released Tuesday by the Pew Charitable Trusts. Pew used data from 2009, when Louisville’s pension was 68 percent funded and its health care benefits were 40 percent funded, creating a total unfunded liability of about $737 million. Fischer has joined with other mayors and city groups
Louisville ranks low on pension funding for municipal workers FRANKFORT, KY. — Major cities in the U.S. are racking up massive pension debts, and Louisville is among the worst in the nation, according to a report released Tuesday by the Pew Charitable Trusts. Pew used data from 2009, when Louisville’s pension was 68 percent funded and its health care benefits were 40 percent funded, creating a total unfunded liability of about $737 million. Fischer has joined with other mayors and city groups