KRS Wants To Be Audited
From the Courier-Journal:
The Kentucky Retirement Systems' audit committee voted Wednesday to recommend that the full board ask state Auditor Crit Luallen to examine the use of agents who advise the system's investment managers.
In addition, KRS Board of Trustees Chairman Randy Overstreet said he would ask Luallen to review the board's internal auditing process, as requested by Gov. Steve Beshear in a letter to Overstreet last week.
Whether or not Crit finds scandals, the system will still be underfunded to the tune of billions of dollars!
