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SERGEY KUZMIN, 123RF STOCK PHOTO

A group of former and current public workers is suing three hedge funds for selling risky investments and overstating returns to the agency that manages Kentucky's struggling pension fund. 

CITY OF HOPKINSVILLE LOCAL GOVERNMENT VIA FACEBOOK

The Hopkinsville City Council passed a resolution this week stating the city’s support of separating the County Employees Retirement System from the state system.

J. Tyler Franklin, WFPL

Kentucky Governor Matt Bevin has some harsh words for the former director of the struggling Kentucky Retirement Systems.

Alexey Stiop, 123rf Stock Photo

  Jim Carroll started working for Kentucky’s state parks system in 1978 making $780 a month.

“So I knew the pay wasn’t good but I knew that it was a place where you could advance over time,” Carroll said. “It was stable, and retirement was part of that.”

Carroll later worked in the tourism cabinet and retired in 2009. Since then, he’s organized a group of concerned state pensioners called Kentucky Government Retirees.

LRC Public Information

A bill that would separate the relatively healthy retirement fund for local governments from one of the state’s ailing pension systems is dead — despite a push from local officials.

Kentucky Retirement Systems (kyret.ky.gov)

Local government pension funds would break away from the Kentucky Retirement Systems under a bill headed to the Kentucky Senate after winning committee approval. 

Sergey Kuzmin, 123rf Stock Photo

A new study shows that Kentucky has the worst-funded pension system in the nation, compounded by the fact that of all the states, the commonwealth is doing the worst at paying off its pension debt.

Ryland Barton | wfpl.org

A judge has partially granted Gov. Matt Bevin’s request to remove a pension board member while a lawsuit over his dismissal is ongoing.

Kentucky Retirement Systems (kyret.ky.gov)

Governor Matt Bevin has asked a judge to remove Thomas Elliott from the Kentucky Retirement Systems board because he skipped a meeting last month. 

Kentucky Retirement Systems (kyret.ky.gov)

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. 

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