KSBA, education groups propose alternative pension reform plan
Kentucky School Advocate
The Kentucky School Boards Association joined with other state education groups in crafting a Shared Responsibility Plan for the Teachers’ Retirement System and the County Employees Retirement System, which covers classified employees. The plan was devised as an alternative to the draft pension reform bill proposed by Gov. Matt Bevin and Republican legislative leaders. It also acknowledges that the systems are underfunded and the status quo can’t be continued. The crux of the Shared Responsibility Plan is a defined benefit structure that will enable school districts to retain and recruit high-quality teachers and support staff.
KSBA Executive Director Kerri Schelling speaks about the Shared Responsibility Plan at a press conference held Nov. 6 at Woodford County High School.