Since the Great Recession in 2008, warnings of an impending pension crisis have been splashed across the business pages of newspapers across the country. Despite these boisterous decrees, America’s public pension funds are stable. We explore the roots behind the …
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After several failed attempts and a special legislative session, Kentucky — the state with the worst-funded pension system — now has a plan to ease the financial burden that employees’ retirements are taking on quasi-governmental agencies. In signing the pension reform bill on …
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Today’s blog post was written by Bridget Early, Executive Director at NPPC. Kentucky Governor Matt Bevin has called a special session that began yesterday. The special session is being used to pass his proposed pension bill, HB1. House and Senate …
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Kentucky’s Gov. Matt Bevin got his wish, as a special session for the General Assembly to determine a fix for the state’s looming pension crisis will happen Friday morning. Bevin’s office announced the news Monday. His administration has been trying …
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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 …
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Over the last decade, Kentucky lawmakers have passed or attempted to pass all different types of pension legislation. Here at NPPC, we wanted to provide some historical context as to how Kentucky’s public pension systems ended up in their current …
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