FRANKFORT, Ky (WCHS/WVAH — Republicans in Kentucky are trying again with a bill that would make changes to the state's troubled public pension plan for teachers.
House Bill 504 would make changes to the retirement system for any teacher hired after Jan. 1, 2020. Teachers would still be in a Defined Benefit Pension Plan, but they would have to work until age 55 before they could retire with full benefits. Right now, teachers can retire once they reach 27 years of service.
Kentucky Education Association President Stephanie Winkler says the bill appears much more promising than any previous pension bill filed in the last couple years.
The Republican-controlled legislature passed a pension bill last year over the objections of many teachers who closed schools to protest at the state capitol. The Kentucky Supreme Court struck the law down in December.