US. Educators present ‘Shared Responsibility’ pension plan in Frankfort
Barren County Schools Superintendent Bo Matthews traveled to Frankfort on Monday with other educational leaders for a joint press conference at Woodford County High School to present an alternative pension plan – called the Shared Responsibility Plan – to the one presented by the office of Gov. Matt Bevin, according to an email from Matthews to media outlets.
According to a press release from the Kentucky Association of School Superintendents (KASS), the Shared Responsibility Plan is “designed to address challenges and financial shortcomings of the current state employee pension fund while also ensuring the long-term stability of the many areas of public service that provide the foundation for life in the Commonwealth of Kentucky.”
Tom Shelton, executive director of KASS, stated in the press release that the Shared Responsibility Plan “demonstrates the willingness of the state’s education organizations and members to implement changes that will strengthen the pension program and maintain its sustainability.”
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