All Articles - City Limit News
Governor Files Amended Complaint in Pension Lawsuit
One week after a lengthy hearing in the lawsuit over the state's new pension bill, lawyers for Governor Matt Bevin have filed an amended complaint. It asks the judge to rule that the pension bill and others passed in the 2018 session, including the bill that provides for a phase-in of CERS employer contribution rates, do not have to be read out loud three times in order to be valid.
Legislators Hear Three-Pronged Approach to School Safety
The Interim Joint Committee on Education heard from KLC Senior Law Enforcement Liaison Mark Filburn and others on what Kentucky legislators and communities can do to improve school safety in the state.
.jpg)
Kentucky City Population Continues Growth
New population estimates from the U.S. Census Bureau show more and more people are choosing to live in a Kentucky city, creating a greater demand for city services.
.jpg)
KRS Board Votes For Conservative CERS Investments Despite Successful Growth Funds
The Kentucky Retirement Systems Board of Trustees approved a new investment approach for CERS that pulls away from growth funds, even though they have outperformed fixed income funds over the past five years. They also talked about a study that's underway into assumption rates for all KRS plans.
State Budget Director Claims CERS Phase-in Threatened by Pension Lawsuit
KLC responded to a letter the governor's budget director sent to city officials warning that a lawsuit seeking to invalidate the state's new pension law poses a threat to the law providing a phase-in of CERS employer contribution rates.
Hearing Held in Pension Lawsuit
Kentucky Attorney General Andy Beshear and general counsel for Governor Matt Bevin were in court Thursday to argue the merits of the lawsuit filed against the state's new pension bill.
.jpg){kind=spacer}
Committee Told It's Time to Increase Transportation Funding
The first meeting of the Interim Joint Committee on Transportation brought a dire message from the Secretary of the Kentucky Transportation Cabinet. He outlined a five-year forecast that leaves a lot of projects underfunded if the state doesn't act to change the way transportation infrastructure is paid for in Kentucky.
Legislators Get Update on Pension Systems, Prepare for KLC Requested CERS Separation Study
The Public Pension Oversight Board held its first meeting Monday since the end of the 2018 Regular Session. Chairman Joe Bowen reported that efforts are underway to form the subcommittee, required by law, to study the possibility of separating the County Employees Retirement System from Kentucky Retirement Systems.
School Safety Group Holds First Meeting
Kentucky Senator Max Wise says it's time to look for bipartisan solutions to school safety. Wise and Representative Bam Carney co-chair the newly formed School Safety Working Group that held its first meeting Monday afternoon.
Governor Holds Ceremonial Signing of KLC Initiative He Calls "Critical"
House Bill 324, sponsored by Representative Diane Murray St Onge, was a KLC initiative that prohibits the use of a drone over a city's key infrastructure assets. Wednesday, Governor Matt Bevin held a ceremonial signing of the bill.
.jpg)
Governor Signs Bill and Helps Ship Bourbon
The Kentucky League of Cities joined dozens of other supporters and legislators Friday morning for the ceremonial signing of House Bill 400. The KLC-supported bill allows distilleries, small-farm wineries and retail package license holders to ship limited quantities of product directly to consumers.
Judge in Pension Lawsuit Case Asked to Step Down
Governor Bevin's general counsel had a letter delivered to Franklin Circuit Court Judge Phillip Shepherd on Wednesday that asked the judge to recuse himself from hearing the lawsuit filed against the governor and legislative leadership over the new pension law. The judge denied the request.
2018 Legislative Update
The 2018 Regular Session of the General Assembly resulted in several new laws that will impact cities. You can access a comprehensive rundown here.
.jpg)
Task Force Releases Report on Getting More Kentuckians Employed
Kentucky’s Work Matters Task Force released its recommendations for how the state can help people in at-risk groups find employment.
Judge Denies Request For Depositions in Pension Lawsuit
Governor Matt Bevin and others named in a lawsuit over the pension reform law were denied a request after a Monday morning court hearing. The judge says the defendants cannot depose the three agencies that filed the lawsuit.
New CERS Investment Strategy Unveiled Despite Booming Returns
The Kentucky Retirement Systems Investment Committee and its consultants talked Tuesday about taking a “safer†approach to investments, including those made for CERS. That decision came as new data was revealed that shows CERS continues to hit benchmarks and outperform the assumed rate of return.
