Chamber’s call for retirement system audit endorsed by legislators
At the monthly meeting of the Public Pension Oversight Board, the legislature’s oversight group for pensions, Sen. Jimmy Higdon said the group should recommend a…
Pensions
Ky. Chamber pension group calls for action on independent audit request in op-ed
The following is an op-ed from John Gohmann, chairman of the Kentucky Chamber Public Pension Task Force and regional president, Lexington Market, for PNC Bank. How…
State pension plan paying higher investment fees than previously reported
The Kentucky Retirement System (KRS) is paying big investment fees to money management firms to the tune of 75 percent higher than what the system…
Kentucky Chamber suggests changes to Kentucky Teachers’ Retirement System at work group meeting
As the state considers options to shore up the Kentucky Teachers’ Retirement System (KTRS) amid severe underfunding of the pension plan, the Kentucky Chamber offered…
Pension debt leads to Kentucky credit rating downgrade
Due to Kentucky’s poorly funded pension system and its growing unfunded liability, credit rating Standard and Poor’s downgraded the state’s credit rating on Thursday. In…
Lawmakers proposing legislation directing funds to public pension systems
Two lawmakers have proposed legislation this week that would find funds for the state’s woefully underfunded public pension systems. On Monday, House Speaker Greg Stumbo…
Compare the candidates: Bevin, Conway and Curtis talk pension issues and solutions with Ky. Chamber
All three candidates in the 2015 governor’s race recently sat down with the Kentucky Chamber and discussed their different approaches to how the state can…
Pension systems seeking large financial increases in next budget, JCPS teacher files lawsuit against KTRS
Amid issues of underfunding within the state’s public pension systems, lawmakers got a preview of the budget requests that will come from the retirement systems…
VIDEO: Pension officials discuss crisis but offer few ideas other than funding at Business Summit
STORY UPDATED WITH VIDEO: Pension group leaders talk funding and possible solutions at Ky. Chamber Business Summit The Kentucky Chamber of Commerce 10th Business Summit…
Legislative member appointments to Kentucky Teachers’ Retirement work group announced
Ahead of the first meeting of a group looking into the Kentucky Teachers’ Retirement System, legislative leaders announced their appointments to the group Tuesday. The…