Beshear should end pension spiking for legislators who join his team

Gov.-elect Andy Beshear has selected longtime state Rep. Rocky Adkins as his senior adviser. Will Beshear follow the lead of outgoing Gov. Matt Bevin, who, according to administration officials, required legislators appointed to positions in his administration to forego using the salaries earned in their executive positions to spike their legislative pensions? Adkins finished second…

Bluegrass Institute commends progress toward increased KRS investment transparency

For Immediate Release: Tuesday, October 8, 2019 (FRANKFORT, Ky.) – The Bluegrass Institute Pension Reform Team issued the following statement in response to the Public Pension Oversight Board’s recent discussion regarding transparency of Kentucky Retirement Systems (KRS) investment fees, which included a presentation by State Auditor Mike Harmon.  The Bluegrass Institute has always been a…

Bluegrass Beacon – Lacking: Transparency and judicial good sense

A lack of transparency and judicial good sense provide this edition of “Liberty Boosters and Busters.” Liberty Booster: Kentucky Auditor Mike Harmon, who released an audit confirming a culture of secrecy continues to exist within the commonwealth’s two largest public-retirement systems more than two years after the General Assembly unanimously passed legislation requiring the major…