Corporate Moves
Kentucky Pension Systems Name New CEOs
John Chilton and Ed Owens III will helm KRS and CERS, respectively.
Tag: KRS
Asset Management Culture
Kentucky Public Pensions Authority Names Board Members
Only a few remaining vacancies remain for trustees of the state’s restructured pension systems.
Pensions
The New Kentucky Investment Chief Just Got a 41% Pay Boost
Still, the salary remains at the low end for allocators at public pension funds.
The Big Challenges Facing the New Kentucky Pension Plan CIO
Ahead of an April 1 system overhaul, Steven Herbert has a ‘hundred actions’ he needs to perform.
Manager Selection
Breaking News: Kentucky Retirement Systems Names Steven Herbert New CIO
The asset manager and former consultant is the sixth investment chief to head the fund in about 13 years. He starts Jan. 16.
Pensions
State Contributions Worry Kentucky Trustees Once More
At lowest funded US public pension fund, the same percentage of active worker payrolls will not net the same level of contributions as in the past.
Asset Allocation
Kentucky Retirement Systems Leans into Stocks, Real Estate
Investment committee members are dialing up risk levels to meet return assumptions.
Pensions
Kentucky Retirement Systems Returns 1.2% for Fiscal 2020
State pension plans collectively beat their benchmarks, but fall far short of their peers.
Pensions
Kentucky Governor Signs Measure to Revamp Local Pension Boards
Legislation creates new panel of trustees for County Employees Retirement System.
Risk
Kentucky Makes Changes to Free Pension from Funding ‘Death Spiral’
Proposed liability-based model would protect employers from contribution rate increases.
Regulation
Kentucky Retirement System’s Strategy to Get Legal Victory Against Agency
State Supreme Court opinion says Seven Counties owes KRS contributions.
Newsmakers
Kentucky Business Leaders Urge for Reform to Nix Public DB Plans
General Assembly, pension advocacy group, Democratic Party publicly respond via social media, local radio.
Regulation
Kentucky Education Groups Offer Alternative Pension Reform Plan
Coalition calls for less generous plans, but nixes switch to DC.
Newsmakers
Kentucky Retirees Grow as Special Pension Session Is Pushed Back
Special legislative session may begin in early November.
Newsmakers
Kentucky League of Cities Urges CERS, KRS Split
Despite double-digit returns for KRS, coalition is one of 23 groups calling for the separation.