Finance and Administration Cabinet
FRANKFORT, Ky.— A subcommittee of the Blue Ribbon Commission on Public Employees Retirement Systems that is studying the funding of liabilities for the retirement systems will meet on Wednesday, July 25, 2007 at 9:30 a.m. EDT in Room 129 of the Capitol Annex. The meeting is open to the public.
Call to Order
I. Welcome and Introductions—Bradford L. Cowgill
II. Explanation of new GASB Rules—Tom Cavanaugh; Ed Macdonald
III. Kentucky Retirement System Health Fund—Tom Cavanaugh
IV. Kentucky Teachers’ Retirement System Health Fund—Ed Macdonald
V. Discussion and Next Steps—Bradford L. Cowgill
This working group, entitled “Defining a strategy to fulfill our commitments to existing employees and retirees,” is chaired by State Budget Director Brad Cowgill. Members of the committee are: Jack Adams, Kentucky State Police; Ronnie O’Nan, Kentucky Transportation Employees Association; and gubernatorial appointees David Dowell, John Hall, Andrew Jacobs, Todd Lowe, Shawn Ridley and Deborah Tudor.
Visit http://finance.ky.gov/ourcabinet/attached+agencies/retcom.htm for more information about the blue ribbon commission, its working groups and upcoming meetings.