Kentucky Retirement Board chair defies governor’s order
The chairman of the Kentucky Retirement Systems Board of Trustees is presiding at a meeting in defiance of Gov. Matt Bevin’s order removing him from the board.
Thomas K. Elliott took his seat at the head of the board table at Thursday’s regularly-scheduled board meeting, a day after Bevin issued the order to oust him.
The board was scheduled to elect its leaders, but delayed that vote until the next meeting. Board members also voted to request an attorney general’s opinion on whether Bevin exceeded his authority by removing Elliott.
In removing Elliott Wednesday, Bevin said one of the country’s worst funded public pension systems needs a "fresh start." Elliott was reappointed to the board by former Democratic Governor Steve Beshear last year and his term does not expire until 2019.