Days after comments that ignited fury among teachers, Bevin makes plea for pension overhaul

Mar 18, 2018 by

Gov. Matt Bevin took to Facebook Saturday night, urging citizens to contact their legislators and ask them to address the ailing pension system for state workers.

Bevin said in a four-minute Facebook video that the teachers’ retirement system will likely run out of money in 12 to 15 years unless structural changes are made.

“Reach out to your legislators and say don’t allow this to fail on our watch. Don’t kick this down the road one more year. It’s unacceptable,” Bevin said. “We do need to fully fund it but we also have to make sure that we’re not throwing money into a bottomless pit. Structural change must happen.”

Senate Bill 1 would end traditional pensions for future teachers and cut retired teachers’ cost-of-living allowances, among other cost-saving changes.

continue: Days after comments that ignited fury among teachers, Bevin makes plea for pension overhaul | Lexington Herald Leader

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