Is it time for Kentucky employees covered by the KRS to take a stand and be firm. As long as the same Reps and Senators and returned to the General Assembly there will be no change in the funding to the KRS.
A solidarity impact on this actions would have greater strength if employees would come together and make a commitment.
WE WILL NOT RETURN TO THE GENERAL ASSEMBLY ANY MEMBER THAT DOES NOT AGREE, BEFORE THE ELECTIONS
TO FUND THE KRS. AND THAT WILL NOT BE INTERPRETED AS FUNDING JUDICIAL AND LEGISLATIVE.
In the event a large number of state employees both active and retired would be an affective tool in getting serious about the under of the employees KRS.
To point out TO politicians an active group is now going to step forward to have an impact on the next elections. Those that agree, you feel you can trust,???? will have voting support at the ballot box.Those that do not . . .Goodbye.
It's never going to change unless we change the players. This movement would have no political boundaries of a party affiliations. All are welcome to join in the solidarity movement.
What are your thoughts on this idea?
Jim Anderson Stivers, Retired Kentucky State employee.
Overall, the $13 billion KRS, which covers state and local government employees, faces a $17 billion unfounded liability, including pension and insurance obligations. An unfunded liability is the expected future payout for retirees for which no money is available.
Nationally, banks, ratings agencies and others consider KRS one of the worst-funded public pension systems.