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 their 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 outlined 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.
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The Kentucky Retired Teachers Association is a not-for-profit organization established in 1957 that serves the states’ retired education professionals. KRTA represents nearly 30,000 Kentuckians across the state who are actively engaged in giving back to our communities through organized community service projects. Located in Louisville, KRTA also serves as the voice of retired teachers to help protect their financial security. More information is available at www.krta.org