Council Delays $10.8 Million Payment to State Pension System

Despite pressure from Mayor Greg Fischer, the Louisville Metro Council voted to delay a $10.8 million penalty assessed by the Kentucky Employee Retirement System for not paying into the system during the firefighter overtime lawsuit. The figure is a compromise between the Fischer administration and state pension officials stemming from a lawsuit filed by current… Continue reading Council Delays $10.8 Million Payment to State Pension System

Firefighter Settlement Payment Plan Filed With Council

Louisville Mayor Jerry Abramson filed an ordinance this morning with the Metro Council, outlining his plan to pay a $45-million settlement to hundreds of active and retired firefighters. About a third of the payment would be made in cash in December, and mayor’s spokesperson Chris Poynter says the rest of the settlement would be paid… Continue reading Firefighter Settlement Payment Plan Filed With Council