pensions

Josh James / WUKY

Officials with Kentucky's two major pension systems are sounding the alarm on spiraling unfunded liabilities at an annual business summit in Louisville.

AP

Kentucky’s economic forecast is improving, according to Gov. Steve Beshear. Today, state’s top official announced a decision to funnel $82 million in surplus dollars into Kentucky’s “rainy day fund," bumping the grand total to just over $209 million.

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."

LEXINGTON, Ky. - Teacher pensions across the country are severely underfunded, inflexible, and unfair to employers and employees, according to a new report out Thursday.