KRS

Kentucky Retirement Systems (kyret.ky.gov)

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

Kentucky Retirement Systems (kyret.ky.gov)

The debate continues over whether Gov. Matt Bevin has the authority to replace the chair of the Kentucky Retirement Systems board before his term expires.

Kentucky Retirement Systems (kyret.ky.gov)

A western Kentucky dermatologist selected to replace a state pension board’s chairman has declined Governor Matt Bevin’s appointment. William Smith of Madisonville informed the governor in a letter that after careful consideration he decided to respectfully decline the appointment.

"Money" by Tax Credits, Flickr Commons, (CC BY 2.0)

  Frustrated by the lack of legislative oversight in the state’s struggling pension systems, two Republican lawmakers say they are introducing a bill to make the agencies more transparent.

Kentucky Retirement Systems (kyret.ky.gov)

State retirees and a member of the state Senate leadership are voicing sharp displeasure with a 25 percent raise given last Friday to the top official of the financially struggling Kentucky Retirement Systems.

Kentucky Retirement Systems (kyret.ky.gov)

  Already home to one of the most underfunded public pension plans in the nation, Kentucky Retirement Systems is losing further ground through its investment choices.

Alix Mattingly/WFPL

One year after promising more transparency in what it pays money management firms, Kentucky’s pension plan for public employees says that its annual investment expenses are running 75 percent higher than reported in previous years.

KRS to Cut Dependent Benefits of Hazardous Duty Retirees

Sep 14, 2015
Kentucky Retirement Systems (kyret.ky.gov)

Upcoming changes to the Kentucky Retirement Systems could cut insurance coverage for some dependents of retired police officers, firefighters and more.

Under a nearly 60-year-old state statute, dependents of those hazardous duty retirees would lose their coverage past the age of 22.

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A bill that would authorize $3.3 billion in bonding to fund Kentucky’s ailing pension system for teachers has passed the Kentucky House of Representatives.

The Kentucky Teachers' Retirement System only has 53 percent of the money it needs to make future payouts to about 141,000 retired teachers. Democratic House Speaker Greg Stumbo says the risks of borrowing to fund teachers’ retirements are outweighed by not taking action.

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The Kentucky Chamber of Commerce wants a full performance audit of the troubled Kentucky Retirement Systems.

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