Three Ways the New Quasi Alternative Is Better than the Governor’s Proposal
A pension alternative sponsored by Rep. Joe Graviss protects employees, quasi-governmental organizations and the underfunded pension system in ways the...
Record-Breaking Failure to Raise the Minimum Wage Is Holding Back Kentucky
This week marks the longest period in history the federal government has failed to increase the minimum wage, which has been stuck at $7.25 an hour since 2009. Because Kentucky...
Pension Proposal Steers Quasi-Governmental Organizations Toward Breaking Promise to Current Employees
A new pension proposal from the governor’s office pushes quasi-governmental organizations to leave the retirement system in ways that are still very expensive to them, and even less affordable if...
Senate Pension Bill Also Breaks Inviolable Contract
When the governor vetoed House Bill 358, the legislation affecting pension costs for quasi-governmental organizations like community mental health centers and regional universities, his primary stated objection was that it...
Pension Bill for Quasis Jeopardizes Workers and Retirees, Increases State Costs Without Way to Pay
The pension bill that passed the General Assembly last week, House Bill 358, reduces retirement security for future employees and jeopardizes pensions for thousands of current workers and retirees at...
Letter to Legislators: Quasis Need True Relief
Dear Representative/Senator, As you consider how to provide needed relief for quasi-governmental agencies facing substantial pension increases, it is important to do so in ways that do not break legal...
Watch Out for Attack on Pensions on Session’s Final Day
The General Assembly adjourned for the veto period without providing relief from soon-to-spike pension costs to quasi-governmental organizations like regional universities and community mental health centers. The legislature can still...
Breaking Inviolable Contract for Quasi-Governmental Employees Would Result in Massive Loss of Benefits
Pension proposals for quasi-governmental organizations that attempt to break the inviolable contract for current employees will result in a huge loss of retirement income for those affected, with career employees...
Pension Bill Breaks Inviolable Contract, Shifts Contributions from Underfunded Plan
The Senate version of House Bill 358 essentially forces quasi-governmental agencies like health departments and community mental health centers to break the inviolable contract for pensions with their current employees...
Big Cut to Bank Taxes Is Not Cleanup
With just 3 days left of the 2019 General Assembly before the veto recess, now is the time to be concerned about the appearance of last-minute legislation to benefit special...