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Kentucky Judicial Form Retirement System Launches New Website

2016-04-14 08:00 ET - News Release


Company Website: http://www.Kentucky.gov
FRANKFORT, Ky. -- (Business Wire)

The Kentucky Judicial Form Retirement System (KJFRS) launched a new website to provide its members, retirees and the general public easier access to System information. The site was built using responsive design, enabling instant access to system resources and reporting across multiple devices.

The site provides members and retirees of the Kentucky Judicial Retirement Plan and the Kentucky Legislators Retirement Plan access to a broad range of administrative and financial data, including the Plans’ summary plan descriptions, financial reports, portfolio appraisals and performance reports. In addition to these reports, the general public is able to view annual audits, actuarial reports and plan investment and expenses for heightened clarity of state government retirement funding.

The System’s Board of Trustees unanimously voted to create the site at the Board’s meeting on January 29, 2016. “While providing increased access to benefit and retirement information for our members and retirees was a fundamental goal, increasing transparency of the retirement plans and investment funds to the public was the paramount focus of this project,” stated Kentucky Court of Appeals Judge Laurance B. VanMeter, Chairman of the Judicial Retirement Investment Committee.

The Kentucky Judicial Form Retirement System site was built at no-cost to KJFRS through a public-private partnership with Frankfort-based Kentucky Interactive, LLC.

About The Kentucky Judicial Form Retirement System

The Judicial Form Retirement System is the state agency charged with the administration of the Judicial Retirement Plan and the Legislators Retirement Plan. The Board of Trustees of the System consists of eight members, three of whom are appointed by the Supreme Court, two by the Governor, one by the President of the Senate, one by the Speaker of the House and one by the President and Speaker. Each plan maintains its separate identity. The assets of each plan are maintained separately and each fund is governed by its own Investment Committee.

As of July 1, 2015, there were 263 members and 349 retirees and beneficiaries of the Judicial Retirement Plan, and there were 115 members and 239 retirees and beneficiaries of the Legislators Retirement Plan.

About Kentucky.gov

Kentucky.gov is the official government Web portal of the Commonwealth of Kentucky (www.kentucky.gov). Kentucky.gov is a collaborative effort between the Commonwealth of Kentucky and Kentucky Interactive, LLC. Frankfort-based Kentucky Interactive provides a secure, mobile-friendly platform that allows government agencies of any size to conduct business online and improve public access to information. Kentucky Interactive is part of eGovernment firm NIC’s (NASDAQ: EGOV) family of companies.

About NIC

Founded in 1992, NIC (NASDAQ: EGOV) is the nation's leading provider of official government websites, online services, and secure payment processing solutions. The Company's innovative eGovernment services help make government more accessible to everyone through technology. The family of NIC companies provides eGovernment solutions for more than 4,500 federal, state, and local agencies in the United States. Forbes has named NIC as one of the “100 Best Small Companies in America” six times, and the Company has been included four times on the Barron’s 400 Index. Additional information is available at https://www.egov.com.

Contacts:

Kentucky.gov
Marketing Manager
Sherri Eden, 502-875-3733
sherri.eden@kentucky.gov
or
Kentucky Judicial Form Retirement System
Executive Director
Donna S. Early, 502-564-5310

Source: Kentucky.gov

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