Legislature must act on pension woes in 2017, Kentucky Chamber President says
As Kentucky’s two largest pension systems continue to struggle, Kentucky Chamber President and CEO Dave Adkisson stressed to lawmakers Monday that something must be done…
KRS
Bowen says structural pension reforms possible in 2017, transparency being made into political issue
Once audits of the state’s ailing pension systems are completed by the end of the year, there could be time to work up legislation to…
Gov. Bevin announces selection of firm conducting pension audits
Gov. Matt Bevin announced Monday that the PFM Group has been selected to provide consulting services for a comprehensive review of Kentucky’s state pension systems…
Pension system transparency being pushed in pre-filed bill
As the state’s pension systems continue to struggle and calls for transparency get louder, Rep. James Kay (D-Versailles) announced Wednesday he has pre-filed a bill…
House Democrats meet to discuss “questionable investments” of pension system
In a specially called meeting of the Kentucky House of Representatives Tuesday, House Speaker Greg Stumbo said a recent meeting of the Public Pension Oversight…
KRS Board appoints interim executive director before search to replace Thielen
The Kentucky Retirement System (KRS) Board of Trustees voted to put Bevin appointee David Eager in the position of interim executive director of the pension…
Judge rules Bevin has ability to reorganize board of ailing pension system but not remove chair
After executive orders by Gov. Matt Bevin to reorganize the Kentucky Retirement System (KRS) Board of Trustees and remove the board’s chair were challenged in…
Tax reform and pension issues top of mind for both parties in state House
UPDATED WITH VIDEO: Looking ahead to the 2017 session of the General Assembly, lawmakers from both sides of the aisle sat down with the Kentucky…
Pension expert says state’s 2013 reforms on the right track in three year check-up, some work remains
Three years after major reforms were made to the Kentucky Retirement System (KRS) for new hires in 2013, Pew Center on the States’ pension expert…
Governor starts process for comprehensive audits of Kentucky’s pension systems
After the 2016 General Assembly and governor secured funding in the state budget for audits of Kentucky’s three retirement systems, Gov. Matt Bevin has initiated…