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 enacted in a way that is legal and financially sound. Based on the outline provided, the math just doesn’t seem to add up.
KRTA has not taken any position on any possible reforms. Once a full proposal emerges, we look forward to working with lawmakers to provide our input.