Kentucky

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It was the best of pensions, it was the worst of pensions.

In 2013, the $14.5 billion Kentucky Retirement Systems' investment portfolio drastically underperformed its cousin—the Kentucky Teachers Retirement System—by about $1 billion.

Moreover, last year the KRS underperformed the average public pension's investment plan by about $500 million.

What's the difference?

Kentucky Governor Steve Beshear signed a bill yesterday  allowing individuals forced into prostitution through human trafficking to have their records expunged.

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The Kentucky agency that oversees the federal nutrition program, formally known as food stamps, is critical of a piece of Congressional legislation to cut billions of dollars from the program. In western Kentucky, more than 42,000 households in the 1st congressional district receive financial assistance from the Supplemental Nutrition Assistance Program or SNAP.

Kentucky Community Health Services Assistant Communication Director Gwenda Bond said any SNAP benefit reduction will hurt those using assistance to help meet their nutrition needs. 

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The number of African Americans living below the poverty line in Kentucky increased in 2012, while the rest of the state’s poverty data showed little or no change. That’s according to the American Community Survey the U.S. Census Bureau released today. 

More than a third of African Americans were living in poverty in 2012, up three percentage points from the previous year.

A non-partisan team of seven economists from across the state, The Kentucky Consensus Forecasting Group, works up projections used for state budget development and long-range planning by the Governor and the Kentucky legislature.  Murray State Distinguished Professor of Economics in the Arthur J. Bauerfeind College of Business, Dr. Jim McCoy has begun work with the Group and we learn more about this, with Kate Lochte.

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Kentucky is one of six states along with Puerto Rico that will participate in a program to help drive down medical costs by targeting frequent healthcare system users.  Staff from the National Governors Association and other experts will help train officials from participating states to develop a plan for super-utilizers. These are patients who may benefit from less costly, more appropriate treatment elsewhere.

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An amendment to legalize the growing of industrial hemp for research passed the U.S. House Thursday by an eight-vote margin, the first to pass in fifty years. 

The amendment is part of the Farm Bill and allows colleges and universities to cultivate industrial hemp for academic and agricultural research purposes.  However, it only applies to states where industrial hemp farming is already legal. 

KY Teen Driving Deaths On The Rise

Feb 27, 2013
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Teen driving deaths in Kentucky doubled last year, according to new research released by the Governors Highway Safety Association.

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Join us for a special one hour Sounds Good forum on Gun Control, with host Chad Lampe. The Friday morning panel discussion airs from 11:00 to 12:00 and includes four stake-holders in the current gun control debate, along with your questions.

When: Friday, February 22 at 11 a.m.

Who:

For the first time since its inception, over a half million people last year traveled the Kentucky Bourbon Trail.  The new attendance record represents a 15 percent increase over 20-11.  Kentucky Bourbon Trail Experience Director Adam Johnson says there were visitors from all 50 states and over 50 countries.

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