Kentucky Pension Reform

Josh James / WUKY

The commonwealth's already-limping pension system has slipped further into the red. Thursday, the Kentucky Retirement System’s official debt grew by several billion dollars.

Josh James / WUKY

Kentucky Public Retirees raised their voices in the Capitol Rotunda the day after Gov. Matt Bevin unveiled his strategy for keeping the state's pension systems solvent.

State Representative and co-chair of the Kentucky Public Pension Oversight Board Brent Yonts says he’s open to the idea of a comprehensive audit of the state’s debt-ridden pension system.

Kentucky’s massive pension debt has the Kentucky Chamber of Commerce pushing for a comprehensive audit of the entire state retirement system.

A Kentucky pension plan continues to be one of the worst-funded major plans in the country, according to an annual report from Fitch.

Senate OKs Change To Legislative Pension Provision

Jan 23, 2014

The Kentucky Senate has voted to rein in a state law that allows legislative pensions to be "supersized."

Gov. Steve Beshear laid out his budget priorities for the next two years in his Tuesday night address.

Kentucky Lawmakers Approve Pension Deals, Avert Special Session

Mar 27, 2013

FRANKFORT, Ky. - Kentucky's legislative leaders have passed two bills to shore up the state's underfunded pension systems for government employees, effectively staving off a special session on the issue.

Ky. Lawmakers Continue Work on Pension Reform, Compromise Appears Uncertain

Mar 26, 2013

FRANKFORT, Ky. - With only one day left in this year's legislative session, Kentucky House leaders are hopeful they have a deal to up shore up the state's underfunded pension system. But there may not be time to get it through the legislature.