Lawmakers Will Talk Pension Changes in Bowling Green Town Hall
Public employees in the Bowling Green region worried about their retirement benefits have a chance to hear from state lawmakers in a town hall. Legislators from south central Kentucky will speak in...
View ArticleLawmakers Tell Public Employees 'Don't Do Anything Rash' at Pension Town Hall
Some Kentucky lawmakers say drastic recommendations issued to pay down the state’s pension debt have no legislative support. Legislators from south central Kentucky addressed a packed room last night...
View ArticleRetirements Spike Among Kentucky's Public Employees Amid Proposed Pension...
The number of Kentuckians who plan to retire from state and local government this month is up nearly 38 percent from September of last year. Some state legislators and advocates for public workers fear...
View ArticleKentucky Lawmakers Still Mum On Pension Changes, Special Session
Lawmakers are still keeping tight-lipped on possible changes to the state’s pension systems, saying they’re still privately trying to get consensus among the Republican majority in the state...
View ArticleBipartisan Bill Would Prop Up Coal Miners’ Pensions
A bipartisan Congressional group from the Ohio Valley and beyond introduced a new bill to save pensions for retired union coal miners throughout the region. The American Miners Pension Act, or AMP,...
View ArticleJudge Dismisses Teacher Pension Lawsuit, But Plaintiffs Will Try Again
A federal judge has dismissed a lawsuit that challenged Kentucky’s historical underfunding of the state’s teacher pension system, but the plaintiffs say they will file the lawsuit again in a state...
View ArticleKentucky Pension Plans Are In Crisis and So Are Employer Budgets
Thousands of public employees and teachers in Kentucky are waiting with nervous anticipation to find out what changes Kentucky lawmakers will make to their retirement plans. The pension systems face...
View ArticleBevin Proposes Massive Changes to State Worker Pensions
Gov. Matt Bevin and Republican leaders of the state legislature have released a proposal that would make major changes to the retirement plans for teachers and other state workers. The proposal would...
View ArticleSuperintendent: Pension Reform Could Send Teachers on 'Mad Dash' Toward...
The superintendent of Owensboro Public Schools says the pension proposal unveiled by Kentucky’s Republican leaders is "second-rate" compared to the current retirement system. Dr. Nick Brake applauds...
View ArticleNo ‘Rejoicing’ From State Employee Reps Over Bevin’s Pension Fix
Representatives of state employees, teachers and police officers aren’t happy with Gov. Matt Bevin’s proposal to offer less-generous retirement plans and tinker with state worker benefits in an effort...
View ArticleState Budget Director Says Gov. Bevin Will Make Mid-Year Cuts Soon
Kentucky’s state budget director said Gov. Matt Bevin will soon enact mid-year budget cuts to help avoid a projected revenue shortfall at the end of the fiscal year. Earlier this month, a panel of...
View ArticleGov. Matt Bevin’s Pension Proposal Is Out. Here’s How It Will Affect Kentuckians
Gov. Matt Bevin has released a much-anticipated draft of a bill that would make massive changes to the state’s pension systems, which are facing critical financial problems. The 505-page proposal was...
View ArticleBevin Defends Pension Proposal At Lexington Business Event
Gov. Matt Bevin Monday defended his proposal to change the state’s pension systems before a group of business leaders in Lexington. Late last week, Bevin released a much-anticipated draft of a bill...
View ArticleBevin Gets Pushback As He Pitches Pension Bill Across State
Gov. Matt Bevin is taking his proposed pension changes on the road this week, pitching business groups across the state about his bill that would — among other things — move most future and some...
View ArticleHundreds Of State Workers Rally Against Bevin’s Pension Plan
Hundreds of state employees and retirees rallied on the steps of the State Capitol Wednesday night, protesting Gov. Matt Bevin’s proposed changes to the state’s troubled pension plans. The governor’s...
View ArticlePensions Aren’t Just A Kentucky Problem. Here’s What Other States Have Done
As Kentucky lawmakers consider moving most future and thousands of current workers into 401(k)-style retirement plans, the commonwealth can look to a few other states that have had to address pension...
View ArticleKentucky Colleges Seek More Funding in Tight Budget Year
Kentucky's public colleges and universities want more money, but Republican lawmakers say the best they can hope for is to break even. The Council on Postsecondary Education approved its two-year...
View ArticleKentucky Educators Announce Pension Reform Plan
Leaders from several Kentucky education groups have announced a pension reform plan that they say is a sustainable approach. The Courier Journal reports the plan announced Monday would leave most...
View ArticleBevin Asks for Redo of Negative Report on Pension Plan
Gov. Matt Bevin’s administration is asking for a redo of an analysis that says his proposed changes to the teacher pension system would cost taxpayers an extra $4.4 billion over the next 20 years....
View ArticleSpecial Session To Fix Kentucky Pensions Unlikely, State Lawmakers Say
State legislators say a special session to discuss Kentucky’s ailing pension system probably won’t happen this year. Gov. Matt Bevin suggested a special session to address the state’s pension in...
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