In this Monday, March 11, 2019 photo, Eastern Kentucky University Vice President David McFaddin, left, speaks to lawmakers about a proposal that would let the university and other quasi-governmental entities leave the state's struggling pension system, in Frankfort, Ky. Lawmakers are scheduled to approve a bill Wednesday, March 13 that would allow these agencies to leave the system without paying what they owe. It would make one of the country's worst-funded pension systems even more underfunded, but lawmakers say they have no choice because the agencies can't afford to pay higher pension contribution rates.
In this Monday, March 11, 2019 photo, Eastern Kentucky University Vice President David McFaddin, left, speaks to lawmakers about a proposal that would let the university and other quasi-governmental entities leave the state's struggling pension system, in Frankfort, Ky. Lawmakers are scheduled to approve a bill Wednesday, March 13 that would allow these agencies to leave the system without paying what they owe. It would make one of the country's worst-funded pension systems even more underfunded, but lawmakers say they have no choice because the agencies can't afford to pay higher pension contribution rates. Adam Beam AP Photo
In this Monday, March 11, 2019 photo, Eastern Kentucky University Vice President David McFaddin, left, speaks to lawmakers about a proposal that would let the university and other quasi-governmental entities leave the state's struggling pension system, in Frankfort, Ky. Lawmakers are scheduled to approve a bill Wednesday, March 13 that would allow these agencies to leave the system without paying what they owe. It would make one of the country's worst-funded pension systems even more underfunded, but lawmakers say they have no choice because the agencies can't afford to pay higher pension contribution rates. Adam Beam AP Photo