Kentucky Retirement

Government
6:36 am
Tue May 20, 2014

Fitch Names KRS Pension Worst-Funded in Nation

Kentucky's employee pension has been rated among the worst in the nation.
Credit iStockPhoto

Global credit agency Fitch Ratings has named one of Kentucky’s pensions the worst in the nation. The non-hazardous pension under the Kentucky Employee Retirement System has about a quarter of the money it would need to pay out what will be owed to pensioners. 

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Government
5:37 pm
Sat February 9, 2013

KY Lawmakers Meet With Public to Discuss Pension Problems

Credit John Walker

Lawmakers and citizens met this weekend in Murray State’s Wrather Auditorium to discuss Kentucky’s ongoing pension crises. Cameron Smith of the Alabama Policy Institute gave a presentation explaining Kentucky’s current pension problems while lawmakers answered questions. Smith said it’s important for the state to keep its promises.

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Government
1:57 pm
Thu July 19, 2012

Think Tank Refutes Needs to Cut State Pension Benefits

iStockPhoto

A relatively new economic think tank in Kentucky has released a report that pushes back on calls to cut the state's pension benefits. 

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