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Kentucky House Bill 114, which bolsters economic development efforts for 39 counties in western, south central, and parts of eastern KY counties that purchase power from the Tennessee Valley Authority—or have TVA property—has been signed into law by Gov. Matt Bevin.
County Investment Bill, HB 75, vetoed by the governor. This bill would have allowed more of the money counties earned from investments to be directed back to those counties.
With the primary election less than a month away, county clerks around the Commonwealth of Kentucky are checking voting machines and getting things ready for the May 22 primary.
These new employer contribution rates have just been released by KRS. These rates will factor into your county budgets, due May 1st to fiscal courts.
The Pension Reform Bill (SB151) is expected go into effect on July 1, 2018. Here are some changes in Kentucky's public pensions from SB 151.
Assets in the Kentucky Retirement Systems have increased by $905 million so far this fiscal year with investment gains topping $1 billion year to date, officials told the state’s pension oversight board yesterday.
The number of people entering retirement in the County Employees Retirement System (CERS) is up in 2018. An additional 504 employees retired in fiscal year 2018 – which ends this month – compared to 2017.