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…
pensions
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…
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…
Arrest of ousted board chair threatened and retirement of executive director announced at board meeting of ailing pension system
A meeting of the Kentucky Retirement System (KRS) Board of Trustees kicked off Thursday with an a claim by the KRS executive director that the…
Pension systems detail positive impact of new two-year budget, shortfalls still expected
Additional funding put toward the state’s retirement systems in the two-year budget passed by the legislature will save the systems from having to sell off…
Board chairman of ailing pension system removed by Bevin
Gov. Matt Bevin took executive action Wednesday to remove the chairman of the woefully underfunded Kentucky Retirement System’s (KRS) board of trustees citing the need…