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The Kentucky Public Pensions Authority (KPPA), formerly known as The Kentucky Retirement Systems (KRS), [1] is the administrator of defined-benefit pension and insurance plans for most of Kentucky's state and county employees and retirees.
State retirees will have some good news coming their way if the Senate gets its way. State retirees, who have not had a pension cost-of-living increase since 2011, will get a one-time additional ...
In many states, public employee pension plans are known as Public Employee Retirement Systems (PERS). Pension benefits may or may not be changed after an employee is hired, depending on the state and plan, as well as hiring date, years of service, and grandfathering. Retirement age in the public sector is usually lower than in the private sector.
Kentucky has shoveled billions of dollars into recent state budgets to make up for a huge pension shortfall. KY pension fund kept gains in 2023 but faces 22% funding and $12.3 billion deficit Skip ...
I am a retiree of Kentucky State Government, primarily working at numerous Kentucky State Parks. On Monday Dec. 19, I attended a Public Pension Oversight Board (PPOB) meeting in Frankfort.
The first large-scale social policy program in the United States was assistance to Union Civil War veterans and their families. [13] The program provided pensions and disability assistance. [13] From 1890 to the early 1920s, the U.S. provided what Theda Skocpol characterized as "maternalist policies", as it provided pensions for widowed mothers ...
Voluntary private collective pension provision; Voluntary private individual pension provision Georgia: Basic pension: N/A: N/A: N/A Germany: Social assistance: Social insurance system: Voluntary occupational pension insurance: Private pension schemes Hong Kong: Basic pension: Provident fund system: N/A: N/A Hungary: Social assistance: Private ...
OpEd: If passed, Amendment 2 would simply allow the General Assembly to empower families to explore educational opportunities that work best for their children.