Tag: Kentucky Retirement Systems
Legislation creates new panel of trustees for County Employees Retirement System.
Citing under-representation in the current KRS board, the system puts forth legislation to establish its own panel.
KRS says the report is ‘highly flawed’ and ‘unfairly slammed’ its efforts.
Proposal is expected to pass in the Senate Wednesday.
Amid acrimony and a deadlocked legislature on the retirement plan issue, small signs of change are welcome.
Tells WEKU he must “focus first on the pension issue.”
The state’s main pension funds’ returns ranged from 12.5% to 13.81%.