BIPPS on WVLK’s ‘Kruser and Krew’

Today at 1 p.m., Bluegrass Institute President Jim Waters will be discussing the Bluegrass Institute’s new pension report on WVLK’s ‘Kruser and Krew.’ Be sure totune in and hear proposed free-market solutions that include making Kentucky’s public pension system transparent and eliminating the part-time politicians’ pension system. “Future Shock Solutions: 16 steps to treat Kentucky’s…

Bluegrass Institute offers 16-step path to reforming Kentucky’s public pension system

(Frankfort, Ky.) – A pathway to pension reform released today by the Bluegrass Institute, Kentucky’s free market think tank, highlights critical steps state lawmakers need to take to rescue the state workers’ retirement plans from future insolvency and put it on the road to recovery. “Future Shock Solutions: 16 steps to treat Kentucky’s public pension ailment”…

Local officials ‘not optimistic’ that SB 2 fixes Kentucky’s pension problems

Governing.com reports that Kentucky’s local government leaders “are far less impressed” than Gov. Steve Beshear with Senate Bill 2 (which did so little we can’t, in good conscience, call it “reform”) passed last week by the Kentucky General Assembly. Beshear called it “a good solution.” Good, perhaps, for the next political campaign, but not for Kentucky’s…

Bluegrass Institute signs petition to repeal the Independent Payment Advisory Board

The Bluegrass Institute recently signed on to support the repeal of a key portion of the Patient Protection and Affordable Care Act: the Independent Payment Advisory Board (IPAB). The IPAB is a board controlled by the executive branch whose members are chosen exclusively by the President. The board was created to make unilateral and unchecked decisions…

House committee weakens already-anemic Senate pension bill

Taxpayers should be outraged that the House State Government Committee extracted what few teeth exists in Senate Bill 2, which largely is a bill designed to offer the illusion of politicians taking meaningful action on Kentucky’s public pension crisis. Today, the committee voted to approve a watered-down version of the bill that fails even to…