Kentucky Treasurer Seeks To Block KRS From Paying Ousted Chair’s Legal Fees

Kentucky Treasurer Allison Ball filed legal papers today to overturn the state pension system’s payment of $50,000 to cover the cost of its ousted chairman’s lawsuit against Gov. Matt Bevin. Bevin removed the former chairman, Louisville banker Tommy Elliott, from the Kentucky Retirement Systems Board of Trustees in April — three years before his term expired. Elliott and another trustee sued the governor and KRS in Franklin County Circuit Court in June, seeking to restore Elliott to the board. KRS paid their legal bill of $50,000, saying state law calls for the agency to pay for legal costs “arising from the performance” of trustee duties. Ball, a Republican first-termer like Bevin, disagrees.

State Pension System Picks Up $50,000 Tab To Sue Bevin

A decision by Kentucky Retirement Systems to pay the legal fees of its former chairman as he sues Gov. Matt Bevin is drawing sharp criticism from the governor’s office. KRS, which manages pensions for state workers, is paying Louisville banker Tommy Elliott’s $50,000 legal bill from the lawsuit he filed against Bevin after he removed Elliott from the agency’s Board of Trustees. The suit was filed June 17 and was joined by KRS trustee Mary Helen Peter. The legal bills were obtained by the Kentucky Center for Investigative Reporting through a public records request to KRS. The reimbursement, ultimately borne by KRS’ roughly 355,000 pension holders, drew a rebuke from the Bevin administration.