The Department of the Treasury and the Internal Revenue Service released new guidance that is “designed to expand the use of income annuities in 401(k) plans.”
June 03--The City of Caneyville recently received a $3,000 safety grant from the Kentucky League of Cities Insurance Service (KLCIS).
The grant will be used to purchase safety shoes, security lighting, safety flags for the Caneyville Volunteer Fire Department, and safety training for City staff.
"We use every opportunity to make our city safer," said Caneyville Mayor James Embry of the grant.
In these uncertain times, grants such as the aforementioned safety grant are a practical way to make the city's budget go further and provide products that will enhance public safety, Embry said.
KLCIS provides safety grants to its members annually. As Kentucky's largest municipal insurance program, KLCIS provides a full range of affordable liability, property, workers' comp., and other municipalities.
Since the safety grant program started in 1999, the KLCIS has awarded in excess of $3.6 million. In addition to Caneyville, 114 other KLCIS members received safety grants, and a total of $418,000 were awarded through this year's program.
"Our philosophy is to prevent injuries and claims from happening," said John Steiner, executive director and CEO of KLC. "We want to partner with our members, and this safety grant promotes good risk management. There is no better way to invest our member's money."
The KLC also offers employee benefits programs, financial services, training and education, policy and development, legislative advocacy, information technology, and legal services.
(c)2014 the Grayson County News-Gazette (Leitchfield, Ky.)
Visit the Grayson County News-Gazette (Leitchfield, Ky.) at www.gcnewsgazette.com
Distributed by MCT Information Services