pension

Becca Schimmel | Ohio Valley ReSource

Retired miners will not lose their health benefits, as had been feared, thanks to last-minute action from Congress. However, Congress did not act on the miners’ faltering pension benefits fund, which supports some 43,000 retired miners in the Ohio Valley region.

Sergey Kuzmin / 123rf Stock Photo

As Gov. Matt Bevin mulls whether to call a special session to deal with the state’s ailing pension system and tax structure, a class action lawsuit brought against the state by aggrieved teacher pensioners continues to make its way through the court system.

LRC Public Information

A bill that would separate the relatively healthy retirement fund for local governments from one of the state’s ailing pension systems is dead — despite a push from local officials.

iStockPhoto

The Kentucky state Senate has agreed to make changes to three of the state's public pension systems.

J. Tyler Franklin / WFPL

Gov. Matt Bevin delivered his second State of the Commonwealth address Wednesday night. It marked the first time in state history a Republican governor of Kentucky addressed a joint session of a Republican-led legislature.

Without congressional intervention, about 16,000 retired miners in seven states will lose their health care coverage by the end of the year.

A proposal to temporarily extend the benefits is working its way through Congress. But two Senate Democrats, who are advocates for a more comprehensive plan, say the temporary provision isn't enough.

They are threatening to hold up a spending bill that needs to pass by Friday night to keep the government running.

Sergey Kuzmin, 123rf Stock Photo

An organization of current and retired Kentucky public school teachers has filed a class action lawsuit against Gov. Matt Bevin and legislative leaders for underfunding the teacher pension system, which lost $1.2 billion last year.

Kaspars Grinvalds, 123rf Stock Photo

Kentucky's troubled pension systems have continued their downward slide in 2016, with plans covering teachers and state employees losing more than $1.8 billion in value while obligations are increasing. 

WKU via wkyufm.org

  Western Kentucky University is seeking a declaratory judgment against the Kentucky Retirement System.  The feud relates to the pension benefits of former buildings and grounds workers.

iStockPhoto

Two of the Republican Party's top leaders have hesitated to support a bill that would preserve the pensions and health care benefits for thousands of retired union coal miners. 

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