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.
Legislation is being proposed for the 2019 General Assembly to allow sports wagering in Kentucky.
What counties pay for audits are changing. Fiscal courts will notice the biggest difference. The state auditor wants two offices to pay less.
Kentucky's new sales tax law goes into effect July 1, 2018, but do you know enough about it?