Bluegrass Institute Statement: Proposed pension plan doesn’t go far enough

The Bluegrass Institute for Public Policy Solutions for years has warned that failing to implement real reforms to Kentucky’s ailing retirement systems could threaten the commonwealth’s entire economy and crowd out funding for other important government services. This is now happening. Our commonwealth faces a $200 million budget deficit and Gov. Bevin has been forced…

Fixing pension problem requires all hands — including those of beneficiaries — on deck to insure ‘this never happens again’

Bluegrass Institute Pension Reform Team and board member Aaron Ammerman pointed out in his letter in today’s Lexington Herald-Leader: “Paying off the unfunded liability and honoring benefits that have already been earned by state workers will be an extraordinary effort, considering funding also needs to be found for essential state services such as education, health care and infrastructure.”…

Bluegrass Beacon: Pension plan cools, but freeze still needed

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.   While waiting this past summer for the release of a consulting group’s recommendations on addressing Kentucky’s worst-in-the-nation public-pension crisis, the question arose in this column: Will there…

Bluegrass Beacon: Taxpayers deserve at least honorable mention in pension debate

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. Maybe it’s because I’ve been speaking to Rotarians recently, but I’m thinking stakeholders in Kentucky’s pension fiasco could do a lot worse than adapting and applying Rotary’s Four-Way…

Bluegrass Beacon: Merit pay for teachers merits consideration

Editor’s note: The Bluegrass Beacon column is a weekly syndicated statewide newspaper column posted on the Bluegrass Institute website after being released to and published by newspapers statewide. Hardin County Schools Superintendent Teresa Morgan at a recent town hall on public pensions bemoaned the fact that interest in vacant teaching positions has dropped in recent…

Bluegrass Institute responds to proposed pension plan

For Immediate Release:  Wednesday, October 18, 2017 Contact: Jim Waters @ 859.444.5630 (FRANKFORT, Ky.) – Bluegrass Institute president and CEO Jim Waters issued the following statement regarding the proposal released today in Frankfort to address Kentucky’s pension crisis: While the Bluegrass Institute is reviewing the much-anticipated plan released at a news conference this morning by Gov. Bevin,…

Bluegrass Institute Pension Reform Team presentation in E’town tonight

Dr. William Smith, a Madisonville dermatologist who served on Gov. Matt Bevin’s pension-transition team, leads the Bluegrass Institute Pension Reform Team. Dr. Smith will present “Sound Solutions for Kentucky’s Pension Crisis” at tonight’s meeting of the Central Kentucky Tea Party.   This presentation is based on Dr. Smith’s recent appearance before the state’s Public Pension…

Pension wars arrive, but peace is possible

Editor’s note: The Bluegrass Beacon column is a weekly syndicated statewide newspaper column posted on the Bluegrass Institute website after being released to and published by newspapers statewide. A serious assessment offered by an independent consulting group hired to audit Kentucky’s public-retirement funds represents an important step in addressing the commonwealth’s pension crisis. If you…

Bluegrass Institute Pension Reform Team presentation tonight in Northern Kentucky

Bluegrass Institute Pension Reform Team leader Dr. William Smith will present “Sound Solutions for Kentucky’s Pension Crisis” at tonight’s meeting of the Northern Kentucky Tea Party at 7 pm at the Holiday Inn at 7905 Freedom Way in Florence. While much of the discussion about pension policy has centered on legislative funding and investment returns, the Bluegrass Institute…