It's about YOU. All websites should have an important purpose. My site is to keep you informed about issues that affect our Kentucky Retirement Systems (KRS) pensions.  Primary focus will be upon the County Employees Retirement System (CERS), but I hope to cover issues affecting both the Kentucky Employees Retirement System (KERS) and the State Police Retirement System (SPRS). While KRS has improved its communications with retirees and active members, their bulletins are sometimes too detailed and rarely cover litigation issues.  If you are like me, then you may be confused and bewildered by the often scary status reports they issue. KRS acknowledges civil actions (suits) pending against KRS, but does not discuss their position, which is normal for any business. My own heightened interest in the status of CERS came as the result of a suit brought by City of Fort Wright against the Trustees of KRS. Knowledge is power and I hope to empower YOU with the latest information about public pensions in general and your specific pension. 

Information provided by saveCERS.org is for educational purposes only and is not investment or legal advice.

...a little about me

In January of 2016, I retired from my position as a county law enforcement officer with nearly 40 years of service credit in the CERS fund. One year of that service was non-hazardous service as a police/fire dispatcher for a city. My original pension coverage was provided by the Policemen and Firemen's pension in the third class city in which I was employed. This fund was merged into the County Employees Retirement System when I was the elected pension board police representative of the city fund. I was glad to become a part of CERS with its expanded service and investment practices.  The photo above basically depicts my retirement strategy up to a few years ago. PLEASE DO NOT PUT ALL YOUR RETIREMENT EGGS IN ONE BASKET!! After the financial crisis of 2008 and suspension of Cost of Living Adjustments (COLA) by KRS, I began more closely paying attention to my pension. I had paid my portion of pension contribution and my city & county employers had dutifully paid their expensive (haz-duty) actuarially required matches [thank you]. Both the city/county and  I had also paid into Social Security [double thank you], so I had little left to personally invest in a private retirement account. The quality of my retirement will be mostly dependent upon the health of CERS. To mitigate the loss of COLA increases, I enrolled in the Kentucky Deferred Comp. I am happy to report that deferred comp funds seem to be doing well. In June of 2014 the City of Fort Wright filed suit against the trustees of KRS. I obtained a copy of the suit and found that the City's allegations of improper and/or imprudent investment practices seem to have merit. Looking further into investments, I discovered a book, "Kentucky Fried Pensions" authored by Chris Tobe, who was a former trustee of KRS. Mr. Tobe's unique observation as a financial expert convinced me that someone needs to be looking out for the interest of KRS retirees and active members, especially those enrolled in CERS.  That's my background. I am NOT a financial expert. Private equity and hedge funds were foreign terms to me until I began to research investments.  I hope to share my insights with you. As CERS goes, so will go my retirement.  If you are in the same boat, then I hope you will join me in paying attention to our pension. Please continue to monitor this website and share this site with fellow co-workers and retirees. I know how I am going to be spending my retirement. I spent 40 years protecting the citizens I served. Now I want to protect those officers I was honored to serve with.

‚ÄčIt's not about me...


Additional resources:


second to none in keeping track of KRS matters is the Facebook community Kentucky Government Retirees posted by Jim & Eva Carroll this site is the gold standard for accurate up to date information on all matters involving KRS. Retirees owe an enormous debt of gratitude to both for their tireless efforts of advocacy. 



KERS & CERS members are welcome to join Kentucky Public Retirees  I am a member and encourage you to join.



For a national perspective on public pensions, visit the website Pension Tsunami this public pension site is CA based



saveCERS.org.

For national perspective on public pensions NPPC is one of the best.