Kentucky pension system

http://401kcalculator.org / Flickr (Creative Commons License)

Kentucky Governor Matt Bevin and Republican lawmakers have run up against strong opposition to their proposals to put the state’s financially troubled pension systems on more solid footing. 

Tana Weingartner, WVXU

Kentucky's governor is taking on critics of his plan to overhaul the state pension system.

Sergey Kuzmin, 123rf stock photo

  The Kentucky Senate's top leader says "systemic" problems in the teachers' retirement system are a main factor for the pension system's funding woes.

Nicholas Brake, Facebook

The superintendent of Owensboro Public Schools says the pension proposal unveiled by Kentucky’s Republican leaders is second-rate compared to the current retirement system. 

via Matt Carter For Sheriff, Facebook

McCracken County Sheriff candidate Matt Carter anticipates potential challenges facing the elected position.

Sergey Kuzmin, 123rf Stock Photo

  

  The heads of Kentucky’s ailing pension systems are requesting that the state pay about $1.3 billion more into the funds over the next two years, further straining the state’s cash-strapped budget.

LRC Public Information

Kentucky's House speaker said it is highly unlikely lawmakers would approve a pay cut for retirees as part of a proposal to rescue the state's troubled public pension plan.

Sergey Kuzmin, 123rf stock photo

An independent consulting group says Kentucky lawmakers should take away some cost-of-living raises awarded to state retirees over the past 20 years as part of a strategy to keep the retirement systems solvent.

Governor Matt Bevin, via Twitter @GovMattBevin

Kentucky's Republican governor says he will answer questions about the state's struggling retirement system on his Facebook page

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