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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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Kentucky Chamber of Commerce Calls For Audit of State Pension System

The Kentucky Chamber of Commerce is pushing for an audit of the Kentucky Retirement Systems – specifically, a review of its investment performance and policies. Reported by the Courier-Journal: Chamber President and CEO Dave Adkisson announced Thursday that the group wants a review of the investment performance and use of outside investment managers ...
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Kentucky Pension Committee Recommends Measures For Funding Improvement, Other Policy Changes

Kentucky’s Public Pension Oversight Board, a panel of lawmakers that “assists the General Assembly with its review, analysis, and oversight” of the Kentucky Retirement Systems (KRS), has made 13 recommendations aimed at improving the health of KRS and altering other KRS policies. A handful of the key recommendations, from the Courier-Journal: – ...
Credit: The Lexington Herald-Leader

Kentucky Non-Haz Pension Funding Falls to 21 Percent

The Kentucky Employees Retirement System (KERS-Non-Hazardous) is already notorious for being one of the worst funded pension plans in the United States. But the situation got worse Wednesday, as KERS revealed the funding status of the plan has fallen from 23 percent to 21 percent over the course of the last fiscal year. Retiree advocacy group Kentucky ...
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Video: Fixing the Kentucky Retirement Systems

Watch the above video for an in-depth discussion on the problems and politics surrounding the Kentucky Retirement Systems and potential solutions to the funding woes that plague the system, in particular the “non-hazardous” portion of the system. The interviewee is Jim Carroll, who runs the Facebook group Kentucky Government Retirees and ...
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