Council on Postsecondary Education 2018-20 Biennial Budget Recommendation Distribution of Requested KERS Increase Funds by Institution

InstitutionDistribution of KERS Funds1
Eastern Kentucky University9,714,400
Kentucky State University1,358,600
Morehead State University3,283,800
Murray State University4,777,300
Northern Kentucky University12,810,700
Western Kentucky University7,263,300
KCTCS Institutions8,039,400
Total Request47,247,500

1 Estimated increase in employer-paid retirement contributions between fiscal years 2017-18 and 2018-19 for employees who participate in the Kentucky Employees Retirement System.

Source: Kentucky Retirement System, by way of Office of State Budget Director.