Finance and Administration Cabinet
Media advisory

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.

AGENDA

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

                            VI.      Adjournment

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.

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