Our Six Mandates
1. Strive for appropriate funding for all plans.
2. Provide members with efficient access to information and helpful counseling to meet their individual needs.
3. Manage the assets in accordance with each plan's needs while adding value to a passive portfolio.
4. Communicate effectively with all constituents, while ensuring appropriate transparency.
5. Maintain a work environment that promotes employee effectiveness, morale, and retention.
6. Insist on a culture of continuous enhancement to everything we do.
The Kentucky Employees Retirement System (KERS) was created in 1956 by the Kentucky General Assembly in order to supplement the benefits provided by Social Security. When the first actuarial valuation was completed June 30, 1957, there were 16,000 employees participating in KERS and assets of $2.8 million. The State Police Retirement System (SPRS) and County Employees Retirement System (CERS) were established in 1958. The first actuarial valuation of SPRS was conducted June 30, 1959. No actuarial valuation of CERS was conducted until June 30, 1960 because the statutes did not authorize retirements from the system prior to July 1, 1960. On June 30, 1960, there were 68 counties and 2,617 employees participating in CERS, and SPRS included 415 uniformed state troopers.
Thank you for visiting the KRS website and reviewing our privacy statement: KRS will collect no personal information about you when you visit our website unless you choose to submit that information to us.
Email: If you choose to provide information in an email, KRS may use that information to respond to your message and may place the information in your member file. Please do not put confidential and personal information in your email communications to KRS. Your privacy cannot be protected or insured by KRS. Examples of information which should not be transmitted by email communications include: Social Security number, date of birth, home address, telephone number, bank account and credit card information, mother's maiden name, medical information, and any information that you would not want a third party to discover.
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