Keeton v. City of Ashland

JOHNSON, Judge:

This appeal involves an issue of first impression relating to Kentucky Revised Statutes (KRS) Chapter 95. The Boyd Circuit Court ruled that KRS 95.859(3) does not require the City of Ashland (the City) to provide funding for annual cost of living adjustments for pension beneficiaries; and that action taken by the pension fund board in setting a cost of living adjustment was without statutory authority since the pension fund could not support the increase without additional funding by the City. We affirm.

In 1956, the Kentucky Legislature enacted KRS 95.851 through 95.991,…