Kentucky currently has one of the largest pension funding gaps of any U.S. state. According to credit rating agency Standard & Poor’s, Kentucky’s pension program is the most underfunded in the nation, ...
The Franklin County Courthouse in Frankfort where Circuit Judge Thomas Wingate will preside over a Feb. 26 hearing on whether to approve a settlement involving state pension fund investments in hedge ...
They don’t have a bill to share with the public yet, and there still isn’t a date for a special legislative session, but Republican Gov. Matt Bevin and GOP legislative leaders on Wednesday unveiled a ...
Kentucky’s pension reform signed into law this month marks a positive step but should not be heralded as a cure-all to the state’s massive underfunding problem, a major ratings agency said Friday.
Kentucky has taken action to shore up its pension system, but it’s going to take time to reverse the adverse effects of past funding shortfalls, according to S&P Global Ratings. Kentucky has one of ...
In fall 2017, Kentucky Gov. Matt Bevin (R) will call for a special session of the General Assembly to discuss the state’s $64 billion unfunded pension liability and how the state can reform the ...
A law firm contracted by the Kentucky Public Pensions Authority to investigate "improper or illegal activities" related to its past investments has completed its report and submitted it to Kentucky's ...
When Kentucky lawmakers -- in the wee remaining hours of the legislative session last week -- passed pension reform that included more money to address the state’s unfunded liability, Gov. Steve ...
Kentucky’s long-ailing state pension fund got a boost this year from the sizzling stock market and a record-large $1.13 billion contribution from the state government and other participating public ...
FRANKFORT, Ky. (AP) — Kentucky state Sen. Chris McDaniel's constituents know that he's contributed $5,575.79 to his state retirement account, that it has collected $104.38 in interest and that it has ...
The former chief investment officer of the Kentucky Public Pension Authority has filed a whistleblower lawsuit against the agency, alleging he was fired for bringing up concerns about improper ...
AND WE ALL WISH HIM WELL. THANKS, KENT. WELL, LEGALIZING SPORTS WAGERING HAS PROVEN TO BE A GOOD BET FOR KENTUCKY. THE KENTUCKY HORSE RACING AND GAMING CORPORATION OVERSEES SPORTS BETTING. DURING A ...