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Yesterday, October 21

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    10:43am
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    From our Friends at KEA / JCTA. Please read, then contact your legislator: 1-800-372-7181.
    +
    From our Friends at KEA / JCTA via Action Network: Please read, then contact your legislator: 1-800-372-7181.
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    10:42am

    What We Know About Governor Bevin’s Proposed Pension Changes

    The only information regarding the proposed changes to Kentucky’s public employee pension plans released by the Governor were a number of very general talking points.  Until we have the language of an actual bill, we cannot answer many specific questions.

    What we do know or can conclude from the released talking points is the Governor’s plan would...

    1. Close the current TRS Defined Benefit (DB) plan to new hires, which would force the TRS DB plan into more and more conservative investments over time, lowering its rate of return, and increasing the state’s required payment by $170 million every year, compared to keeping the DB plan open to new hires.  This further destabilizes the DB plan for current teachers and makes it $170 million per year harder for the state to dig out of the Unfunded Liability hole it is in.
    2. Force all new hires into a Defined Contribution (DC) plan with higher required employee payments, much lower total employer payments, and no guaranteed retirement benefits - making it much harder to attract and keep quality teachers in Kentucky schools. (It is not clear whether this new plan would be administered by TRS or would be separated from TRS and administered by some other entity. It is also not clear whether educators in the new DC plan would have any disability coverage or post-retirement medical coverage.)
    3. Violate the “Inviolable Contract” by cutting retirement benefits for all current and retired teachers by more than 7.5% by freezing for five years the cost of living adjustments (COLAs) that teachers themselves have pre-funded with their own money and are entitled to immediately upon retirement.
    4. Reduce the state’s annual statutory contributiontoward teacher retirement benefits from its current minimum of about 16% of a teacher’s salary to a flat 4% of a teacher’s salary.
    5. Further tax the cash-strapped budgets of local school districts by forcing them to pay an additional 2% of every new teacher’s salary into the new Defined Contribution (DC) plan.  This money will come straight out of funds that would otherwise be used for students.
    6. Reduce all teacher salaries by 3% by (completely unnecessarily) increasing the required payment to the TRS Medical Insurance Fund (MIF) by 3%.  (This is on top of the 3% increased payment added in the 2010 Shared Responsibility Bill, which already fully funds the needed payments for the MIF.  So this is essentially a new 3% tax, just for educators.)
    7. ...
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Friday, October 20

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    6:43pm
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    State senate President Robert Stivers, R-Manchester, might wish he'd borrowed a NASCAR driver's fire suit for a recent public pension [1] forum in Barbourville, the Knox County seat. 
     
    State senate President Robert Stivers, R-Manchester, might wish he'd borrowed a NASCAR driver's fire suit for a recent public pension [1] forum in Barbourville, the Knox County seat. 
     
    Nomex duds might have come in handy because a woman, evidently a teacher, stood and scorched him for five minutes over Gov. Matt Bevin’s newly-unveiled public pension plan.
     
    Nomex duds might have come in handy because a woman, evidently a teacher, stood and scorched him for five minutes over Gov. Matt Bevin’s newly-unveiled public pension plan.
    -
    Click here to see a YouTube video of Stivers' close encounter of the worst kind. [2]    
    +
    Click here to see a YouTube video of Stivers' close encounter of the worst kind. [2] I'm not sure what defines "viral,' but the video has 146k views and counting.
     
    State Rep. Jim Stewart, R-Flat Lick, watched from just beyond the line-of-fire at the Knox County Board of Education Annex. But he evidently got grilled, too, at the town hall-style gathering sponsored by the Kentucky Education Association.
     
    State Rep. Jim Stewart, R-Flat Lick, watched from just beyond the line-of-fire at the Knox County Board of Education Annex. But he evidently got grilled, too, at the town hall-style gathering sponsored by the Kentucky Education Association.
     
    Bevin's proposal would trim benefits for current employees and retirees and would force most new hires into 401(k) plans.
     
    Bevin's proposal would trim benefits for current employees and retirees and would force most new hires into 401(k) plans.
    Read more
  • Your profile picture
    6:42pm
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    *AFT Local 1360*
     
    *AFT Local 1360*
     
    State senate President Robert Stivers, R-Manchester, might wish he'd borrowed a NASCAR driver's fire suit for a recent public pension [1] forum in Barbourville, the Knox County seat. 
     
    State senate President Robert Stivers, R-Manchester, might wish he'd borrowed a NASCAR driver's fire suit for a recent public pension [1] forum in Barbourville, the Knox County seat. 
    -
    Nomex duds might have come in handy because a woman, evidently a teacher, stood and scorched him for nearly five minutes over Gov. Matt Bevin’s newly-unveiled public pension plan.
    +
    Nomex duds might have come in handy because a woman, evidently a teacher, stood and scorched him for five minutes over Gov. Matt Bevin’s newly-unveiled public pension plan.
     
    Click here to see a YouTube video of Stivers' close encounter of the worst kind. [2]    
     
    Click here to see a YouTube video of Stivers' close encounter of the worst kind. [2]    
     
    State Rep. Jim Stewart, R-Flat Lick, watched from just beyond the line-of-fire at the Knox County Board of Education Annex. But he evidently got grilled, too, at the town hall-style gathering sponsored by the Kentucky Education Association.
     
    State Rep. Jim Stewart, R-Flat Lick, watched from just beyond the line-of-fire at the Knox County Board of Education Annex. But he evidently got grilled, too, at the town hall-style gathering sponsored by the Kentucky Education Association.
    Read more
  • Your profile picture
    6:41pm
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    Click here to see a YouTube video of Stivers' close encounter of the worst kind. [2]    
     
    Click here to see a YouTube video of Stivers' close encounter of the worst kind. [2]    
     
    State Rep. Jim Stewart, R-Flat Lick, watched from just beyond the line-of-fire at the Knox County Board of Education Annex. But he evidently got grilled, too, at the town hall-style gathering sponsored by the Kentucky Education Association.
     
    State Rep. Jim Stewart, R-Flat Lick, watched from just beyond the line-of-fire at the Knox County Board of Education Annex. But he evidently got grilled, too, at the town hall-style gathering sponsored by the Kentucky Education Association.
    -
    Bevin's proposal would trim benefits for current employees and retirees and would force most new hires into 401(k) programs.
    +
    Bevin's proposal would trim benefits for current employees and retirees and would force most new hires into 401(k) plans.
     
    On the video, the speaker schooled Stivers: "It's high time that you recognize that not just in Knox County, but every county around here, your number one employer is [public school systems]...If you do this to us, your days are done. It'll be the last bill you'll pass in the senate." 
     
    On the video, the speaker schooled Stivers: "It's high time that you recognize that not just in Knox County, but every county around here, your number one employer is [public school systems]...If you do this to us, your days are done. It'll be the last bill you'll pass in the senate." 
     
    Maybe the GOP duo figured the forum would be friendly. President Donald Trump polled more than 83 percent [3] of the county's vote last November. Stivers and Stewart were reelected without opposition [4].
     
    Maybe the GOP duo figured the forum would...
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    6:40pm
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  • Your profile picture
    6:36pm
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    *By BERRY CRAIG*
     
    *By BERRY CRAIG*
     
    *AFT Local 1360*
     
    *AFT Local 1360*
    -
    State senate President Robert Stivers, R-Manchester, might wish he'd borrowed a NASCAR driver fire suit for a recent public pension [1] forum in Barbourville, the Knox County seat. 
    +
    State senate President Robert Stivers, R-Manchester, might wish he'd borrowed a NASCAR driver's fire suit for a recent public pension [1] forum in Barbourville, the Knox County seat. 
     
    Nomex duds might have come in handy because a woman, evidently a teacher, stood and scorched him for nearly five minutes over Gov. Matt Bevin’s newly-unveiled public pension plan.
     
    Nomex duds might have come in handy because a woman, evidently a teacher, stood and scorched him for nearly five minutes over Gov. Matt Bevin’s newly-unveiled public pension plan.
     
    Click here to see a YouTube video of Stivers' close encounter of the worst kind. [2]    
     
    Click here to see a YouTube video of Stivers' close encounter of the worst kind. [2]    
    Read more
  • Your profile picture
    5:30pm
    Too many differences to list. See Revisions for details.
  • Your profile picture
    5:22pm
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    State senate President Robert Stivers, R-Manchester, might wish he'd borrowed a NASCAR driver fire suit for a recent public pension [1] forum in Barbourville, the Knox County seat.
     
    State senate President Robert Stivers, R-Manchester, might wish he'd borrowed a NASCAR driver fire suit for a recent public pension [1] forum in Barbourville, the Knox County seat.
     
    Nomex duds might have come in handy because a woman, evidently a teacher, stood and scorched him for nearly five minutes over Gov. Matt Bevin’s newly-unveilied public pension plan.
     
    Nomex duds might have come in handy because a woman, evidently a teacher, stood and scorched him for nearly five minutes over Gov. Matt Bevin’s newly-unveilied public pension plan.
    -
    State Rep. Jim Stewart watched from just out of the line-of-fire at the Knox County Board of Education Annex. But he evidently got grilled, too, at the town hall-style gathering sponsored by the Kentucky Education Association.
    +
    State Rep. Jim Stewart, R-Flat Lick, watched from just beyond the line-of-fire at the Knox County Board of Education Annex. But he evidently got grilled, too, at the town hall-style gathering sponsored by the Kentucky Education Association.
     
    Bevin's proposal would trim benefits for current employees and retirees and would force most new hires into 401(k) programs.
     
    Bevin's proposal would trim benefits for current employees and retirees and would force most new hires into 401(k) programs.
     
    On the video, she schooled Stivers: "It's high time that you recognize that not just in Knox County, but every county around here, your number one employer is [public school systems]...If you do this to us, your days are done. It'll be the last bill you'll pass in the senate." 
     
    On...
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  • Your profile picture
    5:21pm
    Changes to Body
     
    *By BERRY CRAIG*
     
    *By BERRY CRAIG*
     
    *AFT Local 1360*
     
    *AFT Local 1360*
    -
    State senate President Robert Stivers might wish he'd borrowed a NASCAR driver fire suit for a recent public pension [1] forum in Barbourville, the Knox County seat.
    +
    State senate President Robert Stivers, R-Manchester, might wish he'd borrowed a NASCAR driver fire suit for a recent public pension [1] forum in Barbourville, the Knox County seat.
     
    Nomex duds might have come in handy because a woman, evidently a teacher, stood and scorched him for nearly five minutes over Gov. Matt Bevin’s newly-unveilied public pension plan.
     
    Nomex duds might have come in handy because a woman, evidently a teacher, stood and scorched him for nearly five minutes over Gov. Matt Bevin’s newly-unveilied public pension plan.
     
    State Rep. Jim Stewart watched from just out of the line-of-fire at the Knox County Board of Education Annex. But he evidently got grilled, too, at the town hall-style gathering sponsored by the Kentucky Education Association.
     
    State Rep. Jim Stewart watched from just out of the line-of-fire at the Knox County Board of Education Annex. But he evidently got grilled, too, at the town hall-style gathering sponsored by the Kentucky Education Association.
    Read more
  • Your profile picture
    5:20pm
    Changes to Body
     
    *AFT Local 1360*
     
    *AFT Local 1360*
     
    State senate President Robert Stivers might wish he'd borrowed a NASCAR driver fire suit for a recent public pension [1] forum in Barbourville, the Knox County seat.
     
    State senate President Robert Stivers might wish he'd borrowed a NASCAR driver fire suit for a recent public pension [1] forum in Barbourville, the Knox County seat.
    -
    Nomex duds might have come in handy because a woman, evidently a teacher, stood and scorched the him for nearly five minutes over Gov. Matt Bevin’s newly-unveilied public pension plan.
    +
    Nomex duds might have come in handy because a woman, evidently a teacher, stood and scorched him for nearly five minutes over Gov. Matt Bevin’s newly-unveilied public pension plan.
     
    State Rep. Jim Stewart watched from just out of the line-of-fire at the Knox County Board of Education Annex. But he evidently got grilled, too, at the town hall-style gathering sponsored by the Kentucky Education Association.
     
    State Rep. Jim Stewart watched from just out of the line-of-fire at the Knox County Board of Education Annex. But he evidently got grilled, too, at the town hall-style gathering sponsored by the Kentucky Education Association.
     
    Bevin's proposal would trim benefits for current employees and retirees and would force most new hires into 401(k) programs.
     
    Bevin's proposal would trim benefits for current employees and retirees and would force most new hires into 401(k) programs.
    Read more
  • Your profile picture
    5:20pm
    Too many differences to list. See Revisions for details.
  • Your profile picture
    5:17pm
    ...
    Changes to Body
     
    Bevin's proposal would trim benefits for current employees and retirees and would force most new hires into 401(k) programs.
     
    Bevin's proposal would trim benefits for current employees and retirees and would force most new hires into 401(k) programs.
     
    On the video, she schooled Stivers: "It's high time that you recognize that not just in Knox County, but every county around here, your number one employer is [public school systems]...If you do this to us, your days are done. It'll be the last bill you'll pass in the senate." 
     
    On the video, she schooled Stivers: "It's high time that you recognize that not just in Knox County, but every county around here, your number one employer is [public school systems]...If you do this to us, your days are done. It'll be the last bill you'll pass in the senate." 
    -
    Maybe the GOP duo figured the forum would be friendly.    
    +
    Maybe the GOP duo figured the forum would be friendly. President Donald Trump polled more than 83 percent [2] of the county's vote last November. Stivers and Stewart were reelected without opposition [3].
    -
    It must have been a close encounter of the worst kind for Stewart, who represents Knox and Laurel counties, and Stivers, whose district includes Clay, Knox, Lee Owsley, Whitley and Wolfe counties. Both were reelected unopposed last year.
    +
    Click here to see a Youtube video of Stivers' close encounter of the worst kind.    
    -
     
      
     
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  • Your profile picture
    5:12pm
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    5:10pm
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    5:06pm
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  • Your profile picture
    5:02pm
    ...
    Changes to Body
     
    By BERRY CRAIG
     
    By BERRY CRAIG
      +
    AFT Local 1360
     
    State Sen. Robert Stivers and Rep. Jim Stewart might wish they’d worn NASCAR driver fire suits suits to a recent pension town hall in Knott County.
     
    State Sen. Robert Stivers and Rep. Jim Stewart might wish they’d worn NASCAR driver fire suits suits to a recent pension town hall in Knott County.
    -
    A woman scorched the two Republicans for nearly five minutes over Gov. Matt Bevin’s newly-unveilied public pension plan, which would trim benefits for current employees and retirees and would force most new hires into 401(k) programs.
    +
    Nomex duds might have come in handy because a woman, evidently a teacher, stood and scorched the two Republicans for nearly five minutes over Gov. Matt Bevin’s newly-unveilied public pension plan.
      +
    His proposal would trim benefits for current employees and retirees and would force most new hires into 401(k) programs.
      +
    On the video, she schooled Stivers: "It's high time that you recognize that not just in Knox County, but every county around here, your number one employer is [public school systems]...If you do this to us, your days are done. It'll be the last bill you'll pass in the senate."    
     
    Stewart represents Knox and Laurel counties. Stivers’ district includes Clay, Knox, Lee Owsley, Whitley and Wolfe counties. Both were reelected unopposed last year.
     
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