A Moral Obligation – Kentucky Pension Reform

Posted: 10/9/2017

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.  A pension plan that was funded at 90% in 2004 soon deteriorated to 56% funding in 2017.  Now that the Teacher’s Retirement System is under pressure, the Governor’s Consultant is recommending that  Kentucky’s Retired Teachers to bail Frankfort out by accepting draconian cuts to their pension benefits.  This is morally inconsistent with Kentucky’s values and must be stopped.  Please contact your legislator by clicking the button and following the instructions.

 

 

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