Aug 27 Politics Auditor: Kentucky Pension Agencies Not Following Transparency Law Auditor Mike Harmon says pension agencies aren’t properly disclosing how they invest their money and how much they pay investment managers. By Ryland Barton Aug 27 Politics Auditor: Kentucky Pension Agencies Not Following Transparency Law Ryland Barton
Sep 26 Politics Pension Systems Request Big Chunk Of Kentucky Budget To Stay Afloat The heads of Kentucky’s ailing pension systems are requesting that the state pay about $1.3 billion more into the funds over the next two years. By Ryland Barton Sep 26 Politics Pension Systems Request Big Chunk Of Kentucky Budget To Stay Afloat Ryland Barton
May 23 Politics Kentucky Needs $700 Million More Per Year For Pension Debt That's on top of the nearly $2 billion taxpayers are scheduled to spend on all of the state's retirement systems in the fiscal year that begins July 1. By Associated Press May 23 Politics Kentucky Needs Hundreds Of Millions More Per Year For Pension Debt Associated Press
Apr 24 Politics Teachers Continue Lawsuit Against State For Underfunded Pensions The Teachers Retirement Legal Fund argues state leaders have broken the law by not setting aside enough money for the Kentucky Teachers Retirement System. By Ryland Barton Apr 24 Politics Teachers Continue Lawsuit Against State For Underfunded Pensions Ryland Barton
Apr 21 Politics What Is Tax Reform And Why Does Gov. Bevin Want It? Kentucky needs to come up with more money to put into state pension systems — either by cutting programs or raising more money from taxes. By Ryland Barton Apr 21 Politics What Is Tax Reform And Why Does Gov. Bevin Want It? Ryland Barton
Feb 17 Politics Pension System’s Woes Could Be Worse Than Previously Thought KRS board chair John Farris said Thursday that KRS made math errors in recent years and relied on overly optimistic assumptions about investment returns. By Associated Press Feb 17 Politics Pension System's Woes Could Be Worse Than Previously Thought Associated Press
Sep 18 Politics Republicans Say Kentucky Democrats Are Late On Pension Transparency Kentucky lawmakers are again calling for transparency in the state’s pension agencies, which manage the worst-funded public retirement funds in the nation. By Ryland Barton Sep 18 Politics Republicans Say Ky. Democrats Are Late On Pension Transparency Ryland Barton
Sep 15 Politics Kentucky’s Pensions Are Worst-Funded In U.S., Study Shows Kentucky has $31. 2 billion in unfunded pension liabilities, and the state’s various pension funds have 37.4 percent of the money they need. By Ryland Barton Sep 15 Politics Kentucky's Pensions Are Worst-Funded In U.S., Study Shows Ryland Barton
Sep 8 Politics Judge Rules Former Pension Chair Can Stay — But Can’t Vote A judge has partially granted Gov. Matt Bevin’s request to remove a pension board member while a lawsuit over his dismissal is ongoing. By Ryland Barton Sep 8 Politics Judge Rules Former Pension Chair Can Stay — But Can’t Vote Ryland Barton
Sep 7 Politics Pension Official Says He Didn’t Attend Meeting To Avoid Arrest Tommy Elliott didn't attend two recent KRS board meetings, prompting a judge last week to question whether he should remain on the board. By Ryland Barton Sep 7 Politics Pension Official Says He Didn't Attend Meeting To Avoid Arrest Ryland Barton
Sep 7 Politics Bevin Asks Judge To Dissolve Order On Retirement Board The governor has asked a judge to dissolve his order that allows Thomas Elliott to remain on the Kentucky Retirement Systems board. By Associated Press Sep 7 Politics Bevin Asks Judge To Dissolve Order On Retirement Board Associated Press
Aug 31 Politics Judge Slams Reinstated Pension Official For Missed Meetings During a scheduling hearing on Tuesday, Shepherd said the poor condition of the pension system is an “all-hands-on-deck situation” and he criticized Elliott for not showing up. By Ryland Barton Aug 31 Politics Judge Slams Reinstated Pension Official For Missed Meetings Ryland Barton
Aug 23 Politics Bevin To Appeal Order Preventing Removal Of KRS Board Chair Former KRS board chair Tommy Elliott sued the governor for removing him from the panel in April, three years before his term was set to expire. By Ryland Barton Aug 23 Politics Bevin To Appeal Order Preventing Removal Of KRS Board Chair Ryland Barton
Aug 22 Politics Judge Blocks Removal Of KRS Chair, Allows Board Reorganization Judge Phillip Shepherd ruled late Monday that KRS board chair Tommy Elliott should remain in that position. By Ryland Barton Aug 22 Politics Judge Blocks Removal Of KRS Chair, Allows Board Reorg Ryland Barton
Jul 7 Investigations State Pension System Picks Up $50,000 Tab To Sue Bevin A decision by Kentucky Retirement Systems to pay the legal fees of its former chairman as he sues Gov. Matt Bevin is drawing criticism. By James McNair Jul 7 Investigations State Pension System Picks Up $50,000 Tab To Sue Bevin James McNair