Pension relief bills, Sen. McDaniel’s freeze saves Covington taxpayers $1 million in new fiscal year
Kentucky Gov. Andy Beshear recently signed into law two pieces of legislation that will throw the City of Covington a…
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Amye Bensenhaver: Resisting transparency at all costs — and that’s why open records laws exist
It is deeply disturbing that a public agency — whose compliance with state transparency laws is found by the Kentucky…
Tier 3 public employees see good results from their pension plan, earn above the guaranteed 4%
By Tom Latek Kentucky Today There’s some good news for public employees in Kentucky, who began their jobs on or…
State Auditor reports results of audit of KRS financial statement; recommended three corrections
By Tom Latek Kentucky Today The Kentucky State Auditor’s office this week released the results of a financial statement audit…
Public Pension Oversight Board hears from state, teachers retirement system; gets mixed messages
By Tom Latek Kentucky Today It was good news and bad news Monday as officials with the Kentucky Retirement Systems…
Franklin Circuit Court dismisses Fort Wright lawsuit over Employees Retirement System investments
The 2014 lawsuit brought by the City of Fort Wright against the Kentucky Retirement Systems’ (KRS) Board of Trustees alleging…
Pension plans show positive earnings for fiscal year on investments, though unfunded liability remains
By Tom Latek Kentucky Today While there is a still a major unfunded liability among Kentucky’s public pension plans, the…
Mayor Joseph Meyer: Cities will soon be tested at levels hard to overcome; action needed on pensions
Cities face many financial hurdles every day. We work to provide our citizens essential services, from police officers and firefighters…
State-commissioned report reveals how Kentucky pension systems became worst-funded in the nation
The PFM Group presented an alarming report to the Public Pension Oversight Board detailing the factors that made Kentucky’s pension…
Will Schroder: Pension crisis must be addressed with real leadership and solutions based on facts
In early February of 2015, Speaker Greg Stumbo, the leader of the Democrats in the House of Representatives, sat before…