BIPPS’ pension testimony: It’s the benefit structure that’s the problem

The Bluegrass Institute Pension Reform Team offered its presentation “Sound Solutions for Kentucky’s Pension Crisis” at a recent meeting of the state’s Public Pension Oversight Board. Dr.  William Smith told board members that addressing Kentucky’s public-retirement crisis is key to understanding and confronting the structural imbalance of the benefits system.   Bluegrass Institute Board member Aaron…

News Release: Confronting pension crisis calls for reforming benefits structure

For Immediate Release: Monday, March 27, 2017   (FRANKFORT, Ky) – While most of the recent discussion regarding public-pension reform has focused on funding levels and investment returns, Bluegrass Institute Pension Reform Team (BIPRT) member Aaron Ammerman told the state’s Public Pension Oversight Board today that the retirement systems’ benefit structure is “the most significant…

BIPPS in Lexington Herald-Leader: Challenging KERA’s ‘success’

Some defenders of the education status quo contend that the existence of the Kentucky Education Reform Act renders charter schools useless in the Bluegrass State. But staff education analyst Richard Innes challenges the claim, taking issue with KERA architect David Hornbeck’s recent assertions that “Kentucky children have made more progress than any other state in…

Bluegrass Beacon — Kentucky to the ‘trade deficit’: You’re fired!

Considering the Bluegrass State last year exported $30 billion worth of goods and services – more than 33 other states – Kentuckians should vigorously oppose anything remotely associated with a “war on trade.” American Enterprise Institute scholar Mark Perry rated the share of Kentucky’s economy in 2015 linked to imports and exports fifth-highest in the…