pension reform http://wkms.org en Governor Says Pension Talks Continue http://wkms.org/post/governor-says-pension-talks-continue <p></p><p style="margin-bottom: 15px; padding: 0px; border: 0px; font-size: 15px; vertical-align: baseline; color: rgb(51, 51, 51); font-family: Georgia, Times, serif; line-height: 22px;">State leaders are still working to find solutions to the Kentucky's&nbsp;<font color="#0c4ca2">troubled pension s</font><font color="#0c4ca2">ystem</font>—but he's not promising a deal the time the General Assembly regular session ends next week, Gov. Steve Beshear said on Monday.</p><p> Mon, 18 Mar 2013 20:19:00 +0000 Kenny Colston (KPR) 29434 at http://wkms.org Governor Says Pension Talks Continue House Committees Makes Major Changes to Pension Reform Bill http://wkms.org/post/house-committees-makes-major-changes-pension-reform-bill <p></p><p style="margin:0px 0px 15px;padding:0px;border:0px;font-size:15px;vertical-align:baseline;color:rgb(51,51,51);font-family:Georgia,Times,serif;line-height:22px">The state pension system would not transition to a hybrid 401K-style&nbsp;plan in an amended version of the pension reform bill. Tue, 26 Feb 2013 21:39:37 +0000 Kenny Colston (KPR) 28580 at http://wkms.org House Committees Makes Major Changes to Pension Reform Bill House Working to Revamp Senate Pension Bill http://wkms.org/post/house-working-revamp-senate-pension-bill <p></p><p>Pension reform legislation that passed in the Senate last week is undergoing changes in the House. House Speaker Greg Stumbo says he expects some of the proposed changes to be unveiled this week.</p><p>The version that cleared the Republican-controlled Senate requires the state to make its full contribution to the pension system but doesn't identify a funding source to do that. Stumbo says the Democratic-led House wants a designated funding source. Tue, 12 Feb 2013 13:42:09 +0000 Whitney Jones & The Associated Press 27948 at http://wkms.org House Working to Revamp Senate Pension Bill KPR's Colston Sets Up 2013 Kentucky Legislative Session http://wkms.org/post/kprs-colston-sets-2013-kentucky-legislative-session <p>Pension reform, updating liquor laws, expanded gaming, a state-wide smoking ban and legalizing the production of industrial hemp are just a few issues Kentucky Public Radio Capitol Bureau Chief Kenny Colston thinks will be on the agenda for this year's legislative session in Frankfort. Colston speaks with Chad Lampe about the details surrounding some of those issues and who will fill&nbsp; retiring Sen. Ken Winters's (R-Murray) seat on the senate education committee. Plus, hear if there are any hard feeling between&nbsp; Sen. Bob Leeper (I-Paducah) and Senate President-elect Robert Stivers (R-Manchester) after his failed attempt at seeking the top post in the Senate.</p><p> Fri, 04 Jan 2013 20:58:11 +0000 Chad Lampe 26416 at http://wkms.org KPR's Colston Sets Up 2013 Kentucky Legislative Session What to do About Kentucky's Struggling Pension Systems? Task Force Makes Recommendations http://wkms.org/post/what-do-about-kentuckys-struggling-pension-systems-task-force-makes-recommendations <p><font size="2">Kentucky's state pension plans have problems, and a bipartisan legislative task force has approved sweeping recommendations to overhaul them -- including putting new employees in a hybrid plans akin to 401Ks.<br><br>The task force -- with an 11-1 vote -- is recommending that the General Assembly start fully funding their pension contributions starting with the next budget in 2014. Lawmaker's’ inability to do that is part of the pension plans problems.</font><br> Tue, 20 Nov 2012 22:13:42 +0000 Kenny Colston (KPR) 24755 at http://wkms.org What to do About Kentucky's Struggling Pension Systems? Task Force Makes Recommendations A Handful of GOP House Candidates Ask David Williams To Not Use Pension Loophole http://wkms.org/post/handful-gop-house-candidates-ask-david-williams-not-use-pension-loophole <p><span style="font-size:10.0pt">A group of GOP House candidates are encouraging one Republican leader to take a bold stance on a pension issue.<br><br>Republicans Chris Hightower, Jason Crockett, Lynn Bechler, Bryan Lutz and Matt Lockett are all in competitive races for the state House this election cycle. </span> Thu, 18 Oct 2012 21:23:25 +0000 Kenny Colston (KPR) 23422 at http://wkms.org A Handful of GOP House Candidates Ask David Williams To Not Use Pension Loophole Retirement Official Says Pensions Systems Haven't Used Controversial Placement Agents Recently http://wkms.org/post/retirement-official-says-pensions-systems-havent-used-controversial-placement-agents-recently <p>After being heavily criticized for their use, Kentucky’s major pension program says it hasn't used a placement agent for three years.<br><br> Placement agents are investing middle men that direct pension funds to investment opportunities. Kentucky has not had a good track record with placement agents, who have been accused of mismanaging millions for the pension funds according to a 2011 audit. Thu, 13 Sep 2012 18:18:53 +0000 Kenny Colston (KPR) 22059 at http://wkms.org Retirement Official Says Pensions Systems Haven't Used Controversial Placement Agents Recently Gov. Beshear Advocates for "Hybrid Approach" to Pension Reform http://wkms.org/post/gov-beshear-advocates-hybrid-approach-pension-reform <p><font size="2">Governor Steve Beshear says he's interested in a so-called hybrid approach to pension reform.<br><br> Lawmakers are discussing how to fix the flailing public pension plans for state and county employees. They'll make recommendations at the end of the year.</font><br><br> Mon, 20 Aug 2012 11:00:00 +0000 Kenny Colston (KPR) 20927 at http://wkms.org Gov. Beshear Advocates for "Hybrid Approach" to Pension Reform