Retirement

[Audio, Slideshow] Thank You Kate

Sep 1, 2015
Matt Markgraf, WKMS

WKMS is saying goodbye to our fearless leader, station manager Kate Lochte. Kate has been with WKMS since 1989 and as station manager since 1992. She has been a tremendous leader for this station that has shown exponential growth on all fronts. Thanks, Kate for your service to this station and its members and listeners. Here is a short montage of some great "Kate" moments on air, all the best for your retirement.

About this time last year, Dr. Jim Gould told WKMS that Gene Katterjohn of Paducah had a good story and arranged for Kate Lochte to chat at the Katterjohn’s home one stormy afternoon. The Katterjohns are among the city’s many multi-generational community-minded families. Back in 1919 a Katterjohn won the mayoral race by 86 votes. 

Abanathy Photography, LLC. cropped

With the retirement of Kate Lochte at the end of this month, Murray State’s public radio station WKMS will have a new station manager for the first time since 1992. 

Retirement for baby boomers will look different than it did for their parents — Americans are living longer, health care costs more, fewer people have pensions today, and many people facing retirement haven't saved much.

All of that makes managing the nest egg you do have even more vital. But many people need and want guidance on what they should do to make sure their retirement savings last.

Southeast President Ken Dobbins To Retire In 2015

Sep 9, 2014
www.semo.edu

Southeast Missouri State University president Kenneth Dobbins announced his retirement plans at his State of the University address on Monday. Dobbins will retire on June 30, 2015.

Dobbins became the 17th president of the university on July 1, 1999, after serving as the University’s Vice President of Finance and Administration from 1991 to 1993, and Executive Vice President from 1993 until his appointment as president. 

Dobbins will do consulting work with the American Association of State Colleges and Universities during his retirement. 

wikipedia.com

A Kentucky city is suing the state's public pension system over its investment of county employees' retirement money into "risky" hedge funds. 

An attorney for Ft. Wright, a northern Kentucky city of 5,700, filed a class-action lawsuit Monday alleging that Kentucky Retirement Systems improperly used money from one of its subsidiary funds to make investments that were illegal under state law.

About one-fifth of the U.S. population will be 65 or older by the year 2030. NPR's Ina Jaffe covers this population — and says it's often difficult to find the right words to describe it.

"I realized what a minefield this was after I'd been on the beat just a few months," she says. "I did a profile of this 71-year-old midwife. She's still up all night delivering babies, and the headline on our website — and reporters ... do not write the headlines ... described her as 'elderly.'

Wikimedia Commons

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 Community and Technical College System

Dr. Michael B. McCall, the founding president of the Kentucky Community and Technical College System, announced his retirement Friday from the system he created and led for 16 years. 

Unfunded Liabilities in Teacher Pensions Rising

Dec 13, 2012
mspmentor.net

A new report says teacher pensions across the country have an unfunded liability of nearly $325 billion. The National Council on Teacher Quality issued its findings today. Council Vice President Sandi Jacobs says one problem is retirement eligibility. In Kentucky, teachers can retire with full lifetime benefits after 27 years of service, regardless of age.

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