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The Kentucky Public Pensions Authority (KPPA), formerly known as The Kentucky Retirement Systems (KRS), [1] is the administrator of defined-benefit pension and insurance plans for most of Kentucky's state and county employees and retirees.
Here are some answers to frequently asked questions about whether or not annuities are a good investment as well as some pros and cons to investing in annuities. What is an annuity?
Most Americans build retirement savings through individual retirement accounts or employer-sponsored plans such as 401(k)s. But another option is an annuity, which is designed to provide a steady ...
There were small advancements at Kentucky Retirement Systems, one of the nation’s worst-funded public plans. KY pension fund improved slightly in 2022 to 18% funded and a $13.5 billion deficit ...
Kentucky Retirement Systems v. EEOC, 554 U.S. 135 (2008) is a United States Supreme Court case that ruled Kentucky's retirement system does not amount to age discrimination under the Age Discrimination in Employment Act when granting pensions to disabled persons who had not yet reached the permitted retirement age of 55.
Like any source of retirement income, annuities have their pros and cons. Understanding these can help you make an informed decision about whether an annuity is right for you. Advantages of ...
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