Kentucky Teachers Retirement

Education
12:17 pm
Mon November 10, 2014

Teacher Files Lawsuit Against KY Teachers' Retirement System

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A Jefferson County Public Schools teacher has filed a lawsuit against the Kentucky Teachers’ Retirement System over its lack of funding. Plaintiff and DuPont Manual High School teacher Randolph Wieck says the system that supports over 140,000 teachers in Kentucky is at least $20 billion dollars in debt.

“We have raced to the bottom and we’re neck and neck with the worst funded teachers plan in the country,” Wieck said.

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Education
4:35 pm
Tue August 12, 2014

Kentucky's Teacher Retirement System May Become One of the Worst-Funded in the US

Credit mspmentor.net

New pension accounting standards could place Kentucky's teachers' retirement system among the worst-funded in the U.S.

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Government
2:55 pm
Fri June 20, 2014

Kentucky Teachers’ Retirement System Gets National Attention for Financial Transparency

Credit mspmentor.net

The Kentucky Teachers’ Retirement System has been recognized nationally for its comprehensive annual financial report.

The Government Finance Officers Association of the United States and Canada gave the award for Excellence in Financial Reporting to the retirement system’s Chief Financial Officer Mark Whelan for the report’s “spirit of full disclosure.”

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Education
7:09 am
Mon May 12, 2014

Public School Teachers Mulling Pension Lawsuit Against Legislature

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A group of Louisville teachers are planning to file a class-action lawsuit against the governor and leaders in the Kentucky General Assembly, claiming they violated the state's contract with teachers by deliberately underfunding teachers' retirement fund by billions of dollars.

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