Kentucky Public Pensions Authority Quarterly Board Meeting
The board meeting addressed various administrative, financial, and strategic operations. Key discussions included updates on KPPA open enrollment procedures, the progress of the strategic plan, and IT modernization efforts. The board reviewed reports from the audit and ad hoc regulation committees, as well as the administrative budget and investment performance data. Procurement activities were also reviewed, covering recent awards, current advertisements, and future solicitations. Additional agenda items included updates on HIPAA policies, governance and by-laws, human resources, and employer compliance education. The meeting also addressed housekeeping legislation and concluded with a closed session to discuss litigation.
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County Employees Retirement System Employer Audit Committee Regular Meeting
The Committee reviewed the Chief Auditor's proposed Employer Audit Plan, which includes a risk assessment methodology to prioritize employer audits based on factors like membership count, outstanding invoices, and reporting errors. Discussions focused on the scale of required audits for over 1,200 employers, the distinction between audits and reviews, and the importance of independence in the auditing process. The Committee examined benchmarking data from other pension systems, discussed strategies for enhancing employer education to prevent reporting discrepancies, and evaluated audit procedures, staffing, and timelines for implementation.
Sep 9, 2026·Board meeting agenda packet
Kentucky Public Pensions Authority Audit Committee Special Called Meeting
The committee meeting covered updates from the Office of Legal Services regarding information disclosure incidents and anonymous tips. Financial topics included an update on Retirement Allowance Account research, the Office Space Utilization Project, and an review of the internal audit budget for the upcoming fiscal year. Additionally, the committee addressed the status of current internal audit projects and accepted issued reports on the review of the post-retirement audit process and the administrative regulation update process.
Sep 9, 2026·Board meeting agenda
Kentucky Public Pensions Authority Audit Committee Special Called Meeting
The committee will convene to discuss various audit and administrative updates. Key agenda items include office of legal services updates regarding information disclosure and anonymous tips, external audit reports including financial statements and audit timetables, and annual approval items covering audit plans and committee charters. The meeting also involves discussions on office space utilization, updates from the Chief Financial Officer regarding retirement allowance accounts and bank audit items, administrative updates on internal audit budgets and projects, and a review of employer audits and various issued reports on internal processes.
