kentucky retirement systems

Kentucky Retirement Systems (

A Kentucky judge says he is reconsidering his order to reinstate former chairman Thomas Elliot to the Kentucky Retirement Systems board.

According to Elliott’s attorney, Elliott did not attend a special meeting of the board last week because of scheduled work meetings. 

Alexey Stiop, 123rf Stock Photo

Democratic lawmakers criticized one of the state retirement systems’ use of hedge funds after reports showing the practice hasn’t paid off in recent years despite hefty, often secretive fees for investment managers.

Kentucky Retirement Systems (

Gov. Matt Bevin’s attorney says the office will appeal a judge’s ruling that temporarily blocks the governor’s removal of the former chair of one of the state’s pension boards.

J. Tyler Franklin/WFPL News

UPDATE: A Frankfort judge has blocked Governor Matt Bevin’s removal of the chair of the Kentucky Retirement Systems board, but he’s allowing the governor’s reorganization of that agency’s board of directors to remain.

Kentucky Retirement Systems (

  The past fiscal year was tough for Kentucky Retirement Systems with investments showing a total fund loss of .52 percent of a $14.9 billion dollar system.  According to KRS Executive Director William Thielan the group projected positive gains until Brexit hit Europe, affecting an already volatile market.

Ryland Barton, WFPL

The latest legal challenge against Gov. Matt Bevin had its first hearing Thursday — Attorney General Andy Beshear is attempting to join a lawsuit contesting Bevin’s reorganization of the Kentucky Retirement Systems board, which manages retirement funds for state workers.

Rob Canning, WKMS

Attorney General Andy Beshear is suing Gov. Matt Bevin for abolishing and then reinstating the boards of trustees of both the University of Louisville and Kentucky Retirement Systems, the state agency that manages the pensions of most state employees.

Kentucky Retirement Systems (

Attorney General Andy Beshear says the Kentucky Retirement Systems board has violated the state Open Meetings Law. 


Seeking "a fresh start" Governor Matt Bevin is removing the chairman of the Kentucky Retirement Systems board of trustees. Bevin issued the executive order saying the board was opposed to transparency under the existing leadership. 


A top state pension executive told legislators on Wednesday that a bill requiring greater transparency of the pension systems for Kentucky’s public employees would be harmful to his agency.