Louisville Metro Council http://wfpl.org en Louisville Councilman Jerry Miller Urging City to Leave Kentucky Retirement System http://wfpl.org/post/louisville-councilman-jerry-miller-urging-city-leave-kentucky-retirement-system <p>Saying it could save the city millions, Republican Louisville Metro Councilman Jerry Miller is filing a <a href="https://docs.google.com/a/louisvillepublicmedia.org/viewer?a=v&amp;pid=gmail&amp;attid=0.1&amp;thid=141e07b48b653322&amp;mt=application/pdf&amp;url=https://mail.google.com/mail/u/0/?ui%3D2%26ik%3Dd7186f6487%26view%3Datt%26th%3D141e07b48b653322%26attid%3D0.1%26disp%3Dsafe%26zw&amp;sig=AHIEtbTERe3S8M9rkXQl2d1kAKUkr0ZXaQ">resolution that seeks to remove the city from the Kentucky retirement system</a>.</p><p>The non-binding measure will be considered later this week and requests the General Assembly revise state law to separate the County Employee Retirement System account from the overall state pension pool.</p><p>It also asks state lawmakers to give CERS an independent board from the Kentucky Employee Retirement System, which has been under a myriad of <a href="http://wfpl.org/post/retirement-official-says-pensions-systems-havent-used-controversial-placement-agents-recently">criticism for its management</a> and <a href="http://wfpl.org/post/pensioners-concerned-retirement-systems-woes">financial woes</a> over the past few years.</p><p>"Our costs continue to skyrocket in part because (the state system) is making decisions based on the KERS plan covering state employees, which is the second worst funded in the nation," says Miller.</p><p>The city's retirement costs have increased significantly over the past decade.</p><p>In 2004, pensions accounted for just over five percent of the city budget. Now about 15 percent of the Metro Government general fund is spent on retirement payments for public employees. Tue, 22 Oct 2013 23:57:04 +0000 Phillip M. Bailey 7297 at http://wfpl.org Louisville Councilman Jerry Miller Urging City to Leave Kentucky Retirement System Ackerson, Provancher Trade Sharp Attack Ads in District 26 http://wfpl.org/post/ackerson-provancher-trade-sharp-attack-ads-district-26 <p>In the race for the Louisville Metro Council District 26 seat, Democratic incumbent Brent Ackerson and Republican challenger Sarah Provancher are trading jabs in the final days of the campaign.</p><p>The two candidates released a series of mailers this weekend, including attack ads that questioned each other’s qualifications.</p><p>Ackerson’s mailer asks voters: "Would you elect somone who doesn't even vote?" It alleges that Provancher has only voted in 20 percent of elections since 2006, and missed last year's gubernatorial contest altogether.</p><p>Provancher said that like most Americans she does not have a perfect voting record on each election, but she is running to improve neighborhoods and city services.</p><p> Mon, 05 Nov 2012 21:08:31 +0000 Phillip M. Bailey 2350 at http://wfpl.org Ackerson, Provancher Trade Sharp Attack Ads in District 26