County Employees Retirement System Archives

Kentucky’s annual pension report shows all CERS, KRS plans remain on track to be fully funded by 2049

December 27, 2024December 26, 20240

By Tom Latek Kentucky Today The Kentucky Public Pensions Authority (KPPA) has released its Annual Comprehensive Financial Reports (ACFRs) for…

February 1, 2020January 31, 20200

Calling the state’s management of public pensions “the biggest threat to the economic revitalization of our cities,” City of Covington…

June 12, 2019June 11, 20190

By Ryan Clark NKyTribune reporter City Manager David Johnston has said that in his 20-plus years of serving in local…

April 25, 2019April 24, 20190

By Tom Latek Kentucky Today The Public Pension Oversight Board heard from the Kentucky Retirement Systems and their actuarial consultant…

September 22, 2018September 21, 20180

The 2014 lawsuit brought by the City of Fort Wright against the Kentucky Retirement Systems’ (KRS) Board of Trustees alleging…

March 23, 2018March 22, 20180

Cities face many financial hurdles every day. We work to provide our citizens essential services, from police officers and firefighters…

October 11, 2017October 10, 20170

We all hope to retire some day with enough income to maintain a modest lifestyle. Maybe you have private investments,…

September 11, 2017September 10, 20170

The 401k-type defined contribution (DC) plans proposed by PFM in their final report would cost more than Kentucky’s existing defined…

September 8, 20170

By Tom Latek Kentucky Today Local governments in Kentucky would pay 50 to 60 percent more next year to fund…

January 30, 2015January 30, 20151

By Chris Tobe Special to NKyTribune There has been a lot of tough talk out of government officials and candidates…