{Kentucky}...Kentucky is reporting that losses to the state employee pension fund in recent stock market volatility weren't as severe as originally thought. The Kentucky Retirement Systems financial portfolio fell from $11.4 billion to $10.9 billion, a $500 million decline, between June 30th and August 9th. Last week, Kentucky Retirement Systems had calculated the losses for the period at $1.7 billion. That figure was inflated because it was based on preliminary totals.
