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Kentucky Teachers’ Pension Bond Proposal Clears House Committee; Vote Could Come Next Week

Legislation is moving forward that would let the Kentucky Teachers Retirement System (KTRS) issue $3.3 billion in bonds to help ease the system’s funding shortfall. On Tuesday, the bill cleared Kentucky’s House Budget Committee without any opposition. The bill’s sponsor, House Speaker Greg Stumbo, said a House vote could be coming as soon as ...
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Kentucky Retiree Group Calls For Lawmaker Action on Pension Funding

Jim Carroll, co-founder of the Kentucky Government Retirees group, has penned a column in the Courier-Journal calling for lawmakers to explore and implement solutions to the funding crisis facing the Kentucky Employees Retirement System. Carroll explains how the KERS non-hazardous fund came to be one of the worst-funded systems in the country: Imagine ...
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Teacher Sues Kentucky Pension System Over Funding Status, Transparency Issues

A Kentucky teacher has filed a lawsuit against the Kentucky Teachers’ Retirement System (KTRS), claiming KTRS has “failed in their fiduciary duty” by letting the system become one of the worst funded teachers’ plans in the country. From WFPL: A Jefferson County Public Schools teacher filed a lawsuit Monday against the Kentucky Teachers’ Retirement ...
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