After the session, with a stroke of his executive pen, Bevin abolished the (Kentucky Retirement Systems) board and reformed it to give himself control.
...“The governor has granted himself extraordinary new powers over a board that is supposed to be insulated from political interference,” Jim Carroll, a spokesman for the retirees’ watchdog group, Kentucky Government Retirees, said. The group urged the “legitimate board” to go to court to oppose Bevin’s action.
...Without doubt, it would be better if the $50,000 going to defend Elliott’s place on the board remained in the struggling trust fund to pay retirement benefits. But Bevin picked this fight, leaving KRS management few choices but to turn to the courts to determine who is in charge.
Thursday, July 14, 2016
Pension board right to take on Bevin
From the Herald-Leader: