Welcome to the latest edition of This Week in Pensions! As we do most weeks, we have gathered the best stories about pensions and retirement security from the previous week. This is the news you need to know in the fight for a secure retirement.
Here are this week’s top stories:
- It’s time for a COLA by Laura Ladd: a trustee of the Wyoming Retirement System argues in the Casper Star-Tribune that it’s time for Wyoming retirees to receive a Cost of Living Adjustment (COLA). It has been more than a decade now since Wyoming’s retired public employees last received a COLA and inflation has eroded the value of their pension benefit during that time. Ladd calls on the state legislature and governor to consider legislation granting a COLA in 2019.
- Kentucky dominated the pension news this week with Governor Matt Bevin calling a special session of the legislature to address pensions — a special session that only lasted 23 hours. Below are just a few of the articles covering the shortest special session.
- Kentucky gov calls legislature in session for pension vote by Adam Beam
- Kentucky lawmakers won’t promise to act on pensions in special session by Tom Loftus
- Kentucky Republicans Introduce New Pension Bills In Bevin’s Special Session by Ryland Barton
- Lawmakers Vote To Adjourn Bevin’s Special Session On Pension Reform by Ryland Barton
- Inept, arrogant and weak: Bevin’s special session on pensions crashes by Joseph Gerth
- 3 questions about pension reform before the Kentucky legislature starts by Tom Loftus
- An analysis of Matt Bevin’s terrible, horrible, no good, very bad week by Thomas Novelly
We’ll be taking the rest of the year off, but be sure to check back in the new year for the latest news in the fight for a secure retirement!