Bluegrass Beacon: Boosting term limits, busting bad homeschooling bills

Editor’s note: The Bluegrass Beacon is a weekly syndicated statewide newspaper column posted on the Bluegrass Institute website after being released to and published by newspapers statewide. A retiring state senator instrumental in pushing pension reform and a homeschooling opponent from eastern Kentucky are the latest additions to this column’s growing list of Liberty Boosters…

Bluegrass Beacon: Pension dispute lacks facts, not funding

Editor’s note: The Bluegrass Beacon is a weekly syndicated statewide newspaper column posted on the Bluegrass Institute website after being released to and published by newspapers statewide. Political leaders are justifiably pessimistic that throwing more dollars – even record amounts – at Kentucky’s teetering public-pension systems is not some puff of magic that will allow…

News Release: Funding a minor contributor to pension crisis

For Release: Monday, March 5, 2018 (FRANKFORT, Ky.) –– “Inadequate funding” is a popular claim often repeated by defenders of the status quo regarding Kentucky’s $65 billion public-pension crisis. However, facts assign a much-larger role to the failure of the retirement systems’ benefit structures to protect the commonwealth against risks and costs of crushing liabilities.…

News Release: Solid leadership results in pension bill offering needed reforms during election year

For Release: Monday, Feb. 26, 2018 (FRANKFORT, Ky.) – Senate Bill 1, the much-anticipated pension reform measure filed at the midway point of the 2018 General Assembly, offers – if correctly implemented – a significant step forward in addressing the Kentucky retirement systems’ $65 billion liability while creating a fair, healthy and sustainable retirement plan for…

Policy Brief: An analysis of Senate Bill 1

The Bluegrass Institute for Public Policy Solutions, Kentucky’s free-market think tank, has warned for years that failing to adequately address what has become a $65 billion public pension crisis due to the awarding of arbitrary, unaffordable, overly generous, retroactive, and, in some cases, utterly corrupt, benefits not only threatens our commonwealth’s current economic security but also…

Bluegrass Beacon: Will pension funding engulf entire budget?

Editor’s note: The Bluegrass Beacon is a weekly syndicated statewide newspaper column posted on the Bluegrass Institute website after being released to and published by newspapers statewide. Your humble correspondent warned for years that the day would come when public-pension funding crowded out government services Kentuckians on both sides of the political aisle care deeply…

Bluegrass Beacon: Keep making the General Assembly great again

Editor’s note: The Bluegrass Beacon is a weekly syndicated statewide newspaper column posted on the Bluegrass Institute website after being released to and published by newspapers statewide. Following original release of this column, Gov. Matt Bevin announced he will not call a special session of the Kentucky General Assembly.  WLEX weather anchor Bill Meck was…

Bluegrass Beacon – Clear the air: Reveal retirees’ benefits

When addressing generous benefits received by Kentucky Teachers’ Retirement System (TRS) retirees in this column, a voluminous email response – mostly critical – is the norm. “I seriously have issues with using the word ‘lavish’ for teachers’ pensions,” a science teacher in Jefferson County wrote. “The word produces images of wealthy retirees sitting out on…