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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.
The state retirement system of Kentucky had been in deep crisis for some time. But the recently developed “Keeping the Promise” plan that Governor Matt Bevin introduced looks to fix this long ...
There were small advancements at Kentucky Retirement Systems, one of the nation’s worst-funded public plans. KY pension fund improved slightly in 2022 to 18% funded and a $13.5 billion deficit ...
Informational Seminars Set To Help Kentucky Retirement Systems' Members Get Most From New Medicare Advantage Plan KRS, Humana team up to offer informational seminars for Commonwealth retirees with ...
Federal Employees Retirement System - covers approximately 2.44 million full-time civilian employees (as of Dec 2005). [2]Retired pay for U.S. Armed Forces retirees is, strictly speaking, not a pension but instead is a form of retainer pay. U.S. military retirees do not vest into a retirement system while they are on active duty; eligibility for non-disability retired pay is solely based upon ...
Kentucky Retirement Systems v. EEOC, 554 U.S. 135 (2008) is a United States Supreme Court case that ruled Kentucky's retirement system does not amount to age discrimination under the Age Discrimination in Employment Act when granting pensions to disabled persons who had not yet reached the permitted retirement age of 55.
Beshear’s budget proposal included $100 million for the 13 th check — a one-time additional payment for retirees of the Kentucky Employees Retirement System and State Police Retirement System.
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