UPDATE: Daviess County Fiscal Court Passes CERS Resolution

Sep 7, 2017

Credit via www.kcjea.org

Daviess County Fiscal Court has unanimously passed a resolution that supports separating the County Employees Retirement System - or CERS - from the Kentucky Retirement System.

A vote was taken at the fiscal court’s meeting Thursday.

There are 250 Daviess County employees enrolled in CERS.

Daviess County Judge-Executive Al Mattingly says separating the two systems won’t solve the pension crisis, but it’s something he hopes the state legislature will consider.

Kentucky’s General Assembly would have to approve a separation of the county retirement system from the state retirement system.

Mattingly says the county system represents the majority of the state’s retirement plan but doesn’t have majority representation on the governing board.

“While we’re the elephant in the room, we don’t get to make a lot of the decisions with the majority of people," he said. "It’s just a way of saying we think that you need to take some action. We are concerned about our employees and their future pensions.”

Mattingly says the CERS could do better if it’s allowed to separate from the Kentucky Retirement System, or KRS.