The state’s full contribution led to a fourth straight year of higher funding levels, as the pension issue continues to roil the legislature.
Right now, the investment head can’t earn a salary above the governor’s $167,000, half what the chief could make elsewhere.
Legislation creates new panel of trustees for County Employees Retirement System.
Exclusive: Kentucky Retirement’s Executive Director Says Proposed Board Split Will Increase Taxpayer Burden
Citing under-representation in the current KRS board, the system puts forth legislation to establish its own panel.
State Supreme Court opinion says Seven Counties owes KRS contributions.
KRS says the report is ‘highly flawed’ and ‘unfairly slammed’ its efforts.