teacher pensions

Government
4:13 pm
Thu January 23, 2014

Whistleblower on Ky Pensions "I Think We're Going to Be 'The Walking Dead' for a Long Time"

Credit Photo by Gene Page/AMC

AMC’s hit zombie-apocalypse-drama ‘The Walking Dead’ is a story about a shambling mass of the undead that brings civilization to its knees. Chris Tobe, ​a former trustee of the Kentucky Retirement Systems turned whistleblower, says the show is an apt metaphor for what will happen if  lawmakers don't get serious about funding pensions. 

“I think we’re going to be The Walking Dead for a long time" said Tobe. "We’re all gonna keep saying, ‘oh, we’re just fine,’ and we’re gonna be ‘The Walking Dead’ for a long, long time.

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Education
10:30 am
Thu December 13, 2012

Unfunded Liabilities in Teacher Pensions Rising

Credit mspmentor.net

A new report says teacher pensions across the country have an unfunded liability of nearly $325 billion. The National Council on Teacher Quality issued its findings today. Council Vice President Sandi Jacobs says one problem is retirement eligibility. In Kentucky, teachers can retire with full lifetime benefits after 27 years of service, regardless of age.

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