We prove that under mild restrictions on the Lie algebra $q$ having a polynomial ring of symmetric invariants, the truncated current algebras of $q$ also have a polynomial ring of symmetric invariants.
Links:
[1] http://www.mpim-bonn.mpg.de/taxonomy/term/39
[2] http://www.mpim-bonn.mpg.de/node/3444
[3] http://www.mpim-bonn.mpg.de/node/158