• suspensions to cost-of-living adjustments can amount to a 20% loss of lifetime benefits or more for some retirees. click here to calculate your losses

The pension-reform pension reform framework Gov. Matt Bevin unveiled at a press conference on Oct. 18. essentially requires Kentucky’s retired teachers to “bail out” our state government from its fiduciary responsibility owed to the Teacher’s Retirement System (TRS).

A pension isn’t a bald promise or a luxury. Rather, it’s an agreed-upon form of compensation established under Kentucky law that provides our teachers with retirement benefits in exchange for a lifetime of educating our children.

Ever since TRS was initially funded in 1940, Kentucky teachers have faithfully, dutifully, and religiously contributed into this retirement system each pay period while our elected officials have failed to live up to their end of the bargain. For almost a decade — from 2007 to 2016 — state officials failed to make the required contributions to TRS – despite funding their own pensions and relaxing their own pension rules.

Now that our retirement system is in crisis, our elected officials in Frankfort want retired teachers to write off this debt without making any financial sacrifices of their own. This is morally inconsistent with Kentucky’s values and principles.

We must teach Frankfort that it needs to pay its debts and provide the more than 52,000 retired public-school teachers, administrators, and staff members with the secure retirement benefits they were promised and expected when they retired.

How can you help?

Send a pre-written message to your local officials using the form below.  

Are you a retired teacher who now lives outside the Commonwealth of Kentucky? click here

For any additional questions or concerns, contact info@teachfrankfort.org.
problems viewing form? click here

News

Changes to Cost-Of-Living Adjustments (COLAs) Calculator


Suspensions to Cost-Of-Living Adjustments (COLAs) may not seem like a large amount upfront, but over time those missing adjustments can amount to tens of thousands of dollars withheld from retired teachers over the course of their retirement. Jump to Calculator The TRS COLA’s are pre-funded. 1.74 percent of an active teacher’s paycheck during his orRead More…

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KRTA Urges Lawmakers to Drop COLA Suspension, Keep Pension Plans for Teachers


WKMS 91.3 FM – 12/12/2017 (reprinted) By Matt Markgraf Click here to view the full article The Kentucky Retired Teachers Association is calling on lawmakers to drop the proposed suspension of cost-of-living adjustments, keep defined benefit plans, fully-fund the system and not alter the TRS board. Executive Director Tim Abrams and former Executive Director BobRead More…

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House GOP lawmakers Send Letter Asking Gov. Bevin Not to Call Special Session


Spectrum News – 11/17/2017 (reprinted) By Nick Storm Click here to view the full article House Republican lawmakers sent a letter on Wednesday calling for Gov. Matt Bevin, R-Kentucky, to wait on calling a special session, and take up pension reform during the regular session in January during the regular session. Bevin has been adamantRead More…

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How can you help?

Send a pre-written message to your local officials using the form below.  

Are you a retired teacher who now lives outside the Commonwealth of Kentucky? click here

For any additional questions or concerns, contact info@teachfrankfort.org.
problems viewing form? click here

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