News

FEB. 28 – Supporters Asked to Attend Hearing Planned for New Pension Bill

Senator Joe Bowen’s office has confirmed that the plan is to hear SB 1 in the Senate’s State and Local Government Committee meeting next Wednesday, February 28 at noon in room 154 of the Capital Annex.  Members of the Senate State Government Committee are as follows: Joe Bowen [Chair] Sen. Stan Humphries [Vice Chair] Sen.…

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Podcast: Executive Director of National Institute on Retirement Security, Diane Oakley

Listen to the audio here:   The National Institute on Retirement Security is a not for profit organization that does nonpartisan research to address what a quality retirement means for employees, employers and the economy. Diane Oakley, Executive Director at NIRS joins Pat Crowley, a former Kentucky journalist and current representative for the Kentucky Retired…

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Not just Kentucky: This week, we saw the real agenda behind pension push.

Lexington Herald-Leader – 2/14/2018 (reprinted) Editorial by Tom Eblen Click here to view the full article Corporations have spent four decades taking traditional pensions away from most American workers. Now they and their allies want to do the same to school teachers and other public employees. Kentuckians recently got a reminder that efforts to replace…

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Anti-pension missive does not compute, House Republicans should keep asking smart questions

Lexington Herald-Leader – 2/13/2018 (reprinted) Editorial by Herald-Leader Editorial Board Click here to view the full article Lawmakers balking at the idea of moving Kentucky’s public employees into individual retirement accounts have a solid reason for their reluctance: The change would cost taxpayers more, and the outcomes would be worse. Bravo then to the House Republicans…

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Senate President Stivers Says Let Process Play Out When it Comes to Pension Bill

Spectrum News – 2/08/2018 (reprinted) by Don Weber Click here to view the full article FRANKFORT – We’re nearly 30 days through the 2018 General Assembly session, and everyone is still waiting for a pension bill to surface. Many Kentuckians and some legislators are surprised that, after not being able to address the issue in a…

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New Case Study Examines How Dismantling Pensions Triggered Mass Exodus of Public Safety Workers

National Institute on Retirement Security – 2/8/2018 (reprinted) Click here to view the full article Palm Beach Town Council Reinstated Pension Plan After Unsuccessful and Costly Shift to 401(k) Accounts   Webinar on Thursday, February 15th at 1 PM ET to Review Findings WASHINGTON, D.C., February 8, 2018 – A new case study examines the impacts of the…

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JCPS Leaders Are Worried that Pension Reform Will Push Too Many Teachers Out the Door

Courier-Journal – 1/29/2018 (reprinted) by Grace Schneider Click here to view the full article Take a look at a few things that teachers object to in proposed pension reform in Kentucky. Mary Ann Gerth/Louisville Courier Journal Jan Taylor strolled into a classroom in Trimble County in her mid-20s and discovered she’d found her calling. Working with young children…

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Some retired teachers may see health premiums spike

Richmond Register – 1/23/2018 (reprinted) by Ronnie Ellis Click here to view the full article When Carla Breeding thought last summer about retiring as a public school administrator, she considered the financial needs of her two adoptive children, ages 13 and 15. Breeding, 55, taught for 33 years, 27 of them in Kentucky, teaching special…

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This Retired Teacher’s Health Insurance Would Jump to $978 A Month Under Bevin’s Plan

Herald Leader – 1/23/2018 (reprinted) by John Cheves Click here to view the full article Members of the General Assembly are getting an earful from the 8,554 retired teachers younger than 65 whose health insurance costs could quadruple under Republican Gov. Matt Bevin’s two-year budget proposal, which would end the $145 million state subsidy that keeps their coverage…

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‘Devastating’ Cut Could Mean Some Retired Kentucky Teachers Pay Thousands More in Insurance

Courier Journal – 1/26/2018 (reprinted) by Tom Loftus Click here to view the full article FRANKFORT, Kentucky – Many retired teachers would pay thousands of dollars per year more for health insurance under Gov. Matt Bevin’s proposed 2018-20 state budget, say advocates for retired teachers. While Bevin’s proposed budget fully funds pension benefits for teachers…

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Rep. Shell Expects Pension Bill in Two-Three Weeks; Likely Reforms to KTRS

Spectrum News – 1/22/2018 (reprinted) by Nick Storm Click here to view the full article FRANKFORT — Majority Floor Leader Jonathan Shell, R-Lancaster, expects leaders from the House and Senate to reach an agreement on a pension reform proposal in the coming weeks. Currently the House and Senate leaders are making tweaks to the legislation,…

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Statement from Tim Abrams of the KRTA on Governor Bevin’s Budget Proposal

While the budget funds the pension system, as required by law, the Bevin Administration is proposing stripping $54 million from retired teacher’s health care. This is beyond devastating for a retired teacher on a fixed income, putting the financial livelihood of thousands of retired teachers in real jeopardy if this budget is enacted. These cuts…

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Smoke, Mirrors, and Pension ‘Reform’

neaToday – 9/24/2014 (reprinted) by Mary Ellen Flannery Click here to view the full article Public pensions are under attack across the U.S. From Arizona to Florida, state governors and legislators have been moving to cut pension benefits for retired teachers and other public employees, and enroll new workers in 401K-style “defined contribution” funds instead…

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Pension fight brings out hundreds of NKY teachers

Cincinnati Enquirer – 10/24/17 (reprinted) by Scott Wartman Click here to view the full article EDGEWOOD – Hundreds of teachers filled a gymnasium in Northern Kentucky on Tuesday night. They weren’t there for basketball. They were there to save their pension plans. Faced with a $40 billion shortfall in the state’s pension system, Kentucky Gov.…

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A Push to Revive Alaska’s Pension System State Employees Could Regain Pension System Dead 12 Years

Juneau Empire – 3/28/2017 (reprinted) by James Brooks Click here to view the full article A push to revive Alaska’s public pension system is under way in the state House of Representatives, where a Juneau lawmaker has suggested a measure that would directly affect more than 41,000 people statewide. Rep. Sam Kito III, D-Juneau, held…

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Press Release: Report Shows Switch to 401k System Will Cause Added Harm

Kentucky Center for Economic Policy – 8/22/2017 (reprinted) by Kenny Colston Click here to view the full article A new report released today by the Kentucky Public Pension Coalition (KPPC) shows how switching to a 401(k)-type retirement plan (also known as a defined contribution system) will not help Kentucky’s pension funding challenge but make it harder to…

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Pensions Aren’t Just A Kentucky Problem. Here’s What Other States Have Done

89.3 WFPL – 11/01/2017 (reprinted) by Ryland Barton Click here to view the full article As Kentucky lawmakers consider moving most future and thousands of current workers into 401(k)-style retirement plans, the commonwealth can look to a few other states that have had to address pension issues in the wake of the recession. Many states…

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Pensions Are A Critical Tool for Recruiting and Retaining Teachers, Offer Best Path to Retirement

National Institute on Retirement Security – 10/26/2017 (reprinted) by Kelly Kenneally Click here to view the full article WASHINGTON, D.C., October 26, 2017 –  A new report finds that defined benefit (DB) teacher pension plans work for both schools and teachers, and that there are important policy reasons to continue offering these retirement plans. The research…

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Public Pension Shocker: Shutting a Pension Plan Actually Costs Taxpayers Money

Los Angeles Times – 8/21/2015 (reprinted) by Michael Hiltzik Click here to view the full article Amid the nationwide panic over the rising costs of public employee pensions, one proposed solution is nearly universal: States and municipalities should shutter their traditional defined benefit plans and place all new employees in a 401(k)-style defined contribution plan…

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Obituary for Former KRTA Executive Director Dr. Robert “Bob” Wagoner

Dr. Robert “Bob” Wagoner, age 66 of New Castle passed away Tuesday, January 9, 2018. Bob was a native of Sellersburg, Clark County, Indiana. Bob was a member of the Eminence Baptist Church and was the son of the late Vernon & Mildred (Kopp) Wagoner. He began his tenure with KRTA on January 1, 2002…

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Sen. Thayer Says Switch to 401(a) Plans Will Happen, New Reform Bill is Written but Being Scored for Impact

Spectrum News – 1/2/2018 (reprinted) by Don Weber Click here to view the full article FRANKFORT – Senate Majority Floor Leader Damon Thayer, R-Georgetown, feels that the General Assembly must get a pension reform bill together as soon as possible. Thayer, who supported Gov. Matt Bevin’s original plan, believes that both the House and Senate…

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Use Twitter to Pressure Your Lawmakers

Tweeting at your legislators repeatedly can be one of the most effective ways to ensure your opinion heard and not forgotten. Many public officials manage their own Twitter accounts, rather than having their staff do so. This means that tweets directed at those legislators are more likely to be heard and considered. Check out the…

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A New Years Message from KRTA Executive Director

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Happy Holidays! Keep Up The Momentum!

Dear Supporter, We just wanted to take a moment to express our sincere gratitude for supporting our efforts in 2017 to protect retired teachers. Your support and voices halted unfair and poorly-crafted pension legislation that would harm the financial security of Kentucky’s teachers. The 2018 legislative session is right around the corner, and we will…

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KY Attorney General Opinion: COLA Changes Illegal, Go Against “Inviolable Contract”

Statement from Kentucky Retired Teachers Association (KRTA) Executive Director Tim Abrams regarding Attorney General opinion on COLA and inviolable contract: Today’s opinion by Kentucky Attorney General Andy Beshear that proposed changes to the COLA formula would violate state law and Kentucky’s inviolable contract with participants in the state’s public pension confirms what the KRTA and…

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Michigan Agency: Switching New Teachers to 401(k) Costs Billions

Associated Press via US News and World Report – 5/24/2017 (reprinted) by David Eggert Click here to view the full article Legislative economists estimate that it would cost $410 million in the first year to close Michigan’s pension system to newly hired teachers and instead provide them a 401(k) only. LANSING, Mich. (AP) — Making…

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On Pensions, Kentucky Should Heed W. Virginia’s Hard-Learned Lessons

Herald-Leader – 10/10/2017 (reprinted) Op-Ed by David Haney Click here to view the full article Gov. Matt Bevin and the Kentucky legislature are about to make a terrible mistake with the pension plans of public employees — one that West Virginia made. Switching newly hired public employees to a defined contribution 401(k)-style account will hurt…

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Sen. Joe Bowen Believes Final Pension Bill Must be Passed Within First Two Weeks of Regular Session

Spectrum News – 12/18/2017 (reprinted) By Don Weber Click here to view the full article FRANKFORT – Now that the time for a special session has passed, the big question in Frankfort is how long it will take to pass a pension reform bill once lawmakers return to the state Capitol on January 2. Public…

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The Champions of the 401(k) Lament the Revolution They Started

Wall Street Journal – 1/2/2017 (reprinted) By Timothy W. Martin Click here to view the full article Herbert Whitehouse was one of the first in the U.S. to suggest workers use a 401(k). His hope in 1981 was that the retirement-savings plan would supplement a company pension that guaranteed payouts for life. Thirty-five years later, the…

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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 Bob…

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

Spectrum News – 12/7/2017 (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 adamant…

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WFPL Discussion Now Available for Re-Listen

Last night 12/5/17 at 7pm, guests joined WFPL 89.3 FM for a discussion of pension reform in Kentucky and how it would affect state workers. Guest on the program included: Senator Morgan McGarvey (D-19th), Representative Jerry Miller (R-36th), Kentucky State Budget Director John Chilton, and Diane Oakley, Executive Director of the National Institute on Retirement Security.

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Pension Reform Discussion on WFPL Tonight at 7 p.m. EST

With a special session looming, WFPL radio out of Louisville will take a deep dive on Gov. Bevin’s pension reform proposal in depth today, Tuesday, Dec. 5 at 7 p.m. EST during a LIVE show. Expected guests are:  Diane Oakley, Executive Director of the National Institute on Retirement Security, Tom Loftus, journalist covering Kentucky Statehouse for Courier…

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New Talking Points for Teachers

Thanks to all who joined us Thursday evening for the Tele Town Hall. I hope the information was beneficial. Below you will find the talking points that were discussed during the teleconference and critical phone numbers. As mentioned last evening, we are entering a critical time, please call your legislator next week and share your…

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KRTA Town Hall Phone Conference

On Thursday, November 30 at 7p.m., call-in as the KRTA is hosting a phone conference in the hopes of better answering questions from current and future retired teachers around the state concerning the state of pension reform. The telephone town hall will primarily cover the dramatic impact that suspensions to Cost-Of-Living Adjustments (COLAs) will have…

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Teachers’ Pension Fund Gains 15% With New Funding

Below is a news update released this past weekend by the Teachers’ Retirement System of Kentucky. The TRS update found that, because the Kentucky General Assembly actually made a contribution to the system (the first by the state since 2008), the unfunded liability decreased and the TRS system posted a 15.37 percent gross gain on…

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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 or…

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Gov. Bevin: A ‘Special Session is Coming’ for Pension Reform

WHAS11 News Louisville – 11/17/2017 (reprinted) By Chris Williams Click here to view the full article   FRANKFORT, Ky. (WHAS11) — Late Friday afternoon Kentucky Governor Matt Bevin briefly remarked that he will call for a special session to address one of the Commonwealth’s biggest issues, pension reform. Governor Bevin did not say when it…

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Column: Why Ky. Teachers Aren’t ‘Jumping for Joy’

Community Recorder – 11/13/2017 (reprinted) By Janet Sogar, Community Recorder guest columnist Click here to view the full article In his Viewpoints column on Nov. 9, State Sen. Damon Thayer had high praise for Governor Bevin’s proposed changes to the ailing state pension system. He is certain that these changes will “keep the pension promise…

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Analysis of Proposed Pension Reform at KTRS Shouldn’t “Be Surprising to Anybody that Understands How These Proposals Work,” Head of KCEP Says

Spectrum News – 11/17/2017 (reprinted) By Kevin Wheatley Click here to view the full article As the calendar draws closer to the end of the year, policymakers are still cobbling together a pension reform proposal ahead of a possible special session before lawmakers return to Frankfort in 2018 to write a two-year spending plan. Last…

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Updated pension reform bill in the works, new pension oversight co-chair says

Spectrum News – 11/16/2017 (reprinted) Opinion By Nick Storm Click here to view the full article As the House of Representatives finds it’s footing amid an alleged sexual harassment settlement which that caused Rep. Jeff Hoover’s resignation as speaker and sparked an investigation, the new co-chair of the Public Pension Oversight Board says work is…

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Governor, changing, hiding pension scores won’t solve the problem

Herald-Leader – 11/14/2017 (reprinted) Opinion By Michael Reaves Click here to view the full article Look, we know Gov. Matt Bevin has had a tough time with his plan to upend public pensions in Kentucky. But that’s not an excuse to rejigger the numbers from independent actuaries that make his plan look even worse than…

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Bevin Wants Redo of Predicted $4.4 Billion Cost of His Pension Plan for Teachers

Herald-Leader – 11/14/2017 (reprinted) By John Cheves Click here to view the full article Gov. Matt Bevin’s administration wants a redo on an analysis of how much his proposed pension bill would cost the Teachers’ Retirement System of Kentucky. The Bevin administration — which has blocked the release of a similar analysis of how much his bill…

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Why a 401(k) is No Replacement for a Pension

neaToday – 3/23/2012 (reprinted) By Cindy Long Click here to view the full article Longtime friends Brenda Brum and Dolores Townsend have a lot in common. They both like antiquing and poking around flea markets. They both care for an elderly parent. They both taught at the same school. And they both avoided a financial…

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Pensions and the Cost of Teacher Turnover in Alaska

National Public Pension Coalition – 5/25/2017 (reprinted) By Tyler Bond Click here to view the full article States across the country, from Wisconsin to Oklahoma to Alaska, are experiencing teacher shortages. Fewer people are preparing to become teachers and it is becoming more difficult for states to find qualified individuals to replace teachers who quit or retire. A recent study from the…

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Kentucky Pension Crisis Could Force Dedicated Teachers Out of Classroom

WPSD Local 6 – 9/19/2011 (reprinted) By Amanda Roberts Click here to view the full article   MARSHALL COUNTY, KY – How will Kentucky’s pension crisis affect your child’s education? The recommendation from consultants that some state retirees convert to 401Ks instead of a state pension plan has left some state workers desperate for answers.…

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Why States Shouldn’t Adopt Defined-Contribution Pensions

Reuters – 3/1/2011 (reprinted) By Felix Salmon Click here to view the full article Steven Greenhouse has a long article in today’s NYT about an attempt by the states to deal with their “strained” pension funds by moving to defined-contribution pension plans. Here’s the lede: Lawmakers and governors in many states, faced with huge shortfalls in employee pension…

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Bevin Withholds Analysis of How Much His Pension Plan Would Cost Taxpayers

Herald-Leader – 11/13/2017 (reprinted) By John Cheves Click here to view the full article   FRANKFORT – Already reeling from bad fiscal reviews, Gov. Matt Bevin’s administration refused Monday to release an actuarial analysis showing how much money the Republican’s proposed pension reform plan would cost Kentucky taxpayers who support state and local governments. The Kentucky Retirement Systems Board…

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401(k)s: A Bad Deal for Taxpayers

The New York Times – 4/7/2011 (reprinted) Opinion By Teresa Ghilarducci Click here to view the full article If having trouble with link above click here to view full NYTimes article on archive.org Teresa Ghilarducci, the Bernard L. and Irene Schwartz Chair of Economic Policy Analysis at the New School for Social Research, is the…

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Take this 401(k) and Shove It

3/6/2009 – CNN Money (reprinted) By Janice Revell Click here to view the full article Last week, West Virginia teachers got to vote on whether to remain in 401(k)-style retirement plans or return to generous state pensions. But you won’t be so lucky.   NEW YORK (Money) — Last week’s West Virginia election should frighten…

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Pension Plan for Teachers Would Cost Taxpayers $4.4 Billion

11/9/2017 – Associated Press (reprinted) By Adam Beam Click here to view the full article Kentucky Gov. Matt Bevin’s plan to overhaul the retirement system for public school teachers would cost taxpayers an extra $4.4 billion over the next 20 years, according to a new analysis, a whopping cost that potentially complicates the proposal’s prospects…

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New Shared Responsibility Plan from Superintendents

Many KRTA members have asked to see specifics of the Shared Responsibility Plan that was released at a press conference in Woodford County on Monday November 6 by Kentucky education leaders. Below are the talking points that were released at the press conference and how the plan would affect members of TRS.   We appreciate…

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Bevin underestimates Kentucky teachers. They’ve dealt with bullies before.

9/18/2017 – Lexington Herald-Leader (reprinted) By Tom Eblen Click here to view the full article Governor Matt Bevin took to Facebook Live to call out former Fayette County Superintendent Tom Shelton, who called on schools to dismiss teachers to protest pension reform. Governor Matt Bevin Facebook Gov. Matt Bevin doesn’t fool Kentucky teachers. They have…

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Pension framework breaks the promise made to teachers — here’s how

Oct 28th, 2017 Reprinted from the Northern Kentucky Tribune – Click Here to Read Actual Article By Tim Abrams, Executive Director Elect, KRTA Let’s remember how we got into this pension mess in the first place. Frankfort — not our current and retired teachers — failed to live up to its fiduciary responsibility to properly fund…

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Read the Pension Reform Bill

The Full Pension Bill has been released. Click to read the Pension Reform Bill for yourself.     

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The Truth About The Lack of Pension Funding

Earlier this week, Senate President Stivers held a press conference tried to absolve the legislature of responsibility for not properly funding the pension system. Here is the other side of the story. Many of you have asked about the validity of Senate President Stivers negative comments about TRS this week.  Here is the truth:  …

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Win-Win: Pensions Efficiently Serve American Schools and Teachers

A recent article reprinted below shows that defined benefit plans (pensions) are a more efficient way of helping schools and teachers deal with retirement.  Very important was we continue to debate Kentucky Pension Reform. To see actual article click here. A new report finds that defined benefit (DB) teacher pension plans work for both schools…

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KRTA Statement on Pension Proposal

The Kentucky Retired Teachers Association (KRTA) looks forward to carefully reviewing Governor Bevin’s pension reform proposal discussed at a press conference this morning. We appreciate that policymakers have listened to our concerns and have indicated their willingness to keep its commitment to retired educators. However, it is unclear how the proposed reforms could possibly be…

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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 Teachers…

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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.  A…

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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 and…

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Teachers Paid for Their Pensions; Kentucky Failed to Do the Same

9/28/2017 – The Advocate-Messenger (reprinted) By Tim Abrams Click here to view the full article Ky. Retired Teachers Association Bob Martin’s Sept. 21 column, “Kentucky’s pension problem stems from defined benefits system,” is poorly researched and obviously failed to examine the fiscal history and performance of our pension systems. Mr. Martin claims that pension systems,…

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Fire Chief chastises Public Pension Oversight Board for Lack of Funding

Reprinted Article and Video from Spectrum News Pure Politics Gregg Riggs, a retired chief officer with the Frankfort Fire Department chastised legislators for the fact that their pension are better funded than his, and the fact that they get a pension in the first place. “Why is the legislator retirement and the judicial retirement treated…

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Consultant ideas on Ky. pensions violate law

9/22/2017 – The Herald-Leader (reprinted) Op-Ed By Frederic J. Cowan and W. Gordon Hamlin Jr. Click here to view the full article Kentucky has the strongest public-pension contract protection of any state in the country. The legislature long ago created the “inviolable contract” for all the major plans, and the Kentucky and U.S. Constitutions prohibit…

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Dorsey Ridley: Kentucky’s public pension faces very real challenges not met by switching to 401Ks

9/18/2017 – Northern Kentucky Tribune (reprinted) By Dorsey Ridley Click here to view the full article While I appreciate the Governor’s efforts to address Kentucky’s pension challenges, I fear the proposals would only enhance our problems further. Kentucky’s public pensions face very real challenges, but imploding the pension systems that provide benefits promised, and legally…

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Panic? Dissension? Look in mirror on pensions, taxes, Governor Bevin

9/15/2017 – Lexington Herald Leader (reprinted) Editorial Click here to view the full article It is not at all clear that Gov. Matt Bevin has a sense of irony; but if he does, he certainly put it to work in one of his recent Facebook videos. Taking on again one of his favorite targets, the…

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Local governments, schools, would be hit hard by pension hike

9/12/2017 – Bowling Green Daily News (reprinted) By Wes Swietek Click here to view the full article A substantial proposed increase in mandated employer funding to shore up the state retirement system could have a large impact locally. The increase and other cuts already have Warren County Public Schools looking at a potential tax increase.…

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Small Tax Breaks’ Costs Add Up Over Time

9/8/2017 – Kentucky Center for Economic Policy (reprinted) By Pam Thomas Click here to view the full article Cleaning up expensive tax breaks is essential if we are going to invest in a stronger Kentucky and restore funding to our pension systems. The biennial Tax Expenditure Analysis (i.e. tax break analysis) published by the Office of State…

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Retired teachers’ past pension increases unlikely to be targeted, union leaders believe

8/31/2017 – Courier Journal (reprinted) By Tom Loftus Click here to view the full article Louisville Metro Police spokesman Dwight Mitchell updates the media on the shooting at 3500 block of Kerry Drive in Bashford Manor on Monday, Sept. 18.Thomas Novelly/The Courier-Journal/USA TODAY Network FRANKFORT, Ky. — Leaders of Kentucky’s teacher unions are not expecting…

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Hey Kentucky: Matt weighs in on Kentucky’s pension crisis

8/29/2017 – Kentucky Sports Radio (reprinted) By Matt Jones Click here to view the full article On Tuesday night’s Hey Kentucky!, Matt Jones took an in-depth look at the pension crisis in Kentucky, and the controversial proposal by a group hired by Governor Bevin to solve the issue.

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Poll finds support among Kentuckians for pensions; 86 percent say all workers should have access

8/25/2017 – Northern Kentucky Tribune (reprinted) Click here to view the full article   Eighty-six percent of Kentuckians say that all workers, not just those in the public sector, should have a pension plan according to new polling results released today by the National Institute on Retirement Security. These findings are consistent with national polling conducted earlier…

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Koch Network ‘Piggy Banks’ Closed Until Republicans Pass Health and Tax Reform

6/26/2017 – The Guardian (reprinted) By Associated Press Colorado Springs Click here to view the full article Koch officials said that the network’s midterm budget for policy and politics is between $300m and $400m, but donors are demanding legislative progress. At a weekend donor retreat attended by at least 18 elected officials, the Koch brothers…

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Don’t cut our pensions amid crisis, public workers tell Kentucky board

6/26/2017 – Courier-Journal (reprinted) By Tom Loftus Click here to view the full article The General Assembly’s Public Pension Oversight Board gave groups representing public employees and retirees the chance to weigh-in on pension reform Monday. And those groups, as well as a few other organizations, took full advantage of the opportunity. The board opened its…

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