Tell your representative: Vote for pension transparency

Now that the State Government Committee has approved legislation containing policies that bring more transparency to the Bluegrass State’s troubled pension system, we could have a vote by the full Kentucky House of Representatives when it convenes at 4 p.m. (eastern) today. Despite chairman Brent Yonts’ anti-transparency stance, his committee has sent Senate bills 2…

Talk about ‘Future Shock!’: Bankruptcy judge’s ruling further threatens Ky’s drowning pension system

In recent reports on Kentucky’s public pension crisis, the Bluegrass Institute revealed that many  of the 1,701 entities that added to the Kentucky Retirement System over the years (mostly as a result of politicians seeking to curry political favor) were nonpublic agencies added by politicians seeking to curry political favors. However, passage last year of…

Bluegrass Beacon: ‘Taxpayer-eaters’ meet ‘self-serving-politician-eaters’

What some candidates could gain in this year’s election – beyond just winning office – is a stark reminder of how wrong political leaders were when declaring last year that they had adequately addressed Kentucky’s public-pension crisis. Instead, legislators with serious courage deficiencies failed to agree on reforms beyond what they believe are “politically feasible.”…

Bluegrass Beacon: Frankfort plays Ping-Pong with public pension transparency

Legislation that would make the Kentucky Retirement Systems transparent for those paying its bills has danced into the spotlight during the 2014 session of the Kentucky General Assembly. Passage of transparency bills filed by Sen. Chris McDaniel, R-Latonia, and Rep. Robert Benvenuti, R-Lexington, would make the “names, status, projected or actual benefit payments” subject to…

Bluegrass Institute’s Kentucky Legislative Economics Seminar: Maurice McTigue

Here is a great presentation from the Honorable Maurice McTigue, former member of the New Zealand Parliament and economics expert at the Mercatus Center at George Mason University. McTigue offers advice to Kentucky legislators and citizens on how the state can improve its lack-luster economic performance using common sense ideas that have worked in other…