Beshear Proposes Pension Relief For Cities, Counties

Thanks To Lisa Autry, Kentucky Public Radio/WKYU, Bowling Green As Kentucky faces a budget deficit of more than $450 million, cities and counties are grappling with their own revenue shortfalls. In Frankfort Tuesday, Governor Steve Beshear announced a proposal that would allow cities and counties to spread out their pension contributions over ten years rather… Continue reading Beshear Proposes Pension Relief For Cities, Counties

Work Still Needed on KY Pension Reform

From Kentucky Public Radio’s Tony McVeigh Kentucky lawmakers met in special session last month to address problems in the state pension system. But not all issues were resolved. State pension systems are 26-billion dollars in the red. Lawmakers are hoping a funding formula approved last month will fix the problem. But other issues remain, like… Continue reading Work Still Needed on KY Pension Reform