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In response to the Kentucky state pension plan’s willingness to pay hefty fees for billions of dollars in investments it can’t publicly disclose, one state representative said Thursday he is introducing a bill to make pensions subject to state open-access laws.
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A look into the secretive Kentucky Retirement Systems and the $15.7 billion under its control. For the roughly 340,000 state, city and county workers and retirees, there are more questions about their investments than answers.