• KY Teachers never missed a contribution, but Frankfort hasn't made a full contribution since 2004. Now Frankfort wants teachers to bail them out?

The pension-reform recommendations made by the consulting firm hired by Gov. Matt Bevin’s administration essentially require 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

Head of Ky. Retired Teachers Association Shares His Group’s Concerns as Pension Reform Talks Continue


10/11/2017 – Spectrum News (reprinted) By Kevin Wheatley Click here to view the full article As top administration and legislative officials continue crafting their pension reform proposal behind closed doors, groups like the Kentucky Retired Teachers Association are left wondering how they’ll be affected. Tim Abrams, the incoming executive director of the Kentucky Retired TeachersRead More…

read more...

A Moral Obligation – Kentucky Pension Reform


It is better that you should not vow than that you should vow and not pay. – Ecclesiastes 5:5 Meet some of our Retired Teachers in Kentucky and hear what they have to say about our current pension issues. From 2007-2016 Frankfort stopped making its requested contribution to the Teacher’s Retirement System in Kentucky.  ARead More…

read more...

Kentucky’s Retired Teachers Launch Grassroots Campaign to Protect Financial Security


New Web Site, Outreach to Policymakers Will Convey Retired Teachers’ Opposition to Pension Reform Proposal October 2, 2017 LOUISVILLE – The Kentucky Retired Teachers Association (KRTA) has launched a statewide grassroots campaign to protect the earned retirement security of thousands of retirees who served a career educating children. The campaign will advocate for fairness andRead More…

read more...

Register for Email Newsletter


X

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

X