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New CERS Investment Strategy Unveiled Despite Booming Returns

The Kentucky Retirement Systems Investment Committee and its consultants talked Tuesday about taking a “safer” approach to investments, including those made for CERS. That decision came as new data was revealed that shows CERS continues to hit benchmarks and outperform the assumed rate of return.

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Judge Rules Attorney General Can Remain on Pension Lawsuit

Lawyers for Governor Matt Bevin argued in court Wednesday morning that Attorney General Andy Beshear was violating Rules of Professional Conduct by suing over Senate Bill 151, the pension reform bill. The judge ruled that was not the case and continued his vow to expedite the case.

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Speaker Pro Tem Wants Investigation into KentuckyWired

House Speaker Pro Tem David Osborne filed a resolution calling for a bipartisan committee to investigate the costs and delays of KentuckyWired. The project was supposed to be up and running by this year, providing high speed internet to every county in the state.

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KRS Actuary Sets CERS Rates for Phase-In

The actuary for the Kentucky Retirement Systems has provided new Fiscal Year 2019 rates for County Employees Retirement System employers. The change accounts for the phase-in provided by House Bill 362.

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