(The Center Square) â Kentucky lawmakers received an update this week on the state of several public pension programs during a meeting of the Public Pension Oversight Advisory Board.
The Kentucky Teacher Retirement System (TRS) reported growth of 3.44% on its investments for the quarter. While that fell below the benchmark of 3.75%, it still ranked among the top half of gainers across the country, according to Beau Barnes, the TRS deputy executive secretary and general counsel.
Barnes, according to a release from the Kentucky House Majority Caucus, told the board that private equity investments performed well. However, international investments faltered as the TRS portfolio focused on growth stocks.
The Owensboro Times
Updated May 14, 2021 | 10:18 pm
Graphic by Owensboro Times
A renewed contract between Kentucky’s state government and Sunrise Children’s Services one of the state’s most prominent foster care and adoption agencies is still in negotiation as the two sides are in an apparent dispute over a provision regarding religious beliefs.
Gov. Andy Beshear’s administration claims the religious beliefs held by Sunrise violate federal law that bars private agencies from discrimination based on sexual orientation.
According to their website, “Sunrise Children’s Services provides care and hope for hurting families and children through Christ-centered ministries.” Sunrise has offices statewide, including in Owensboro.