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Hey Kentucky: Matt goes in depth on the Pension Bill


Tonight on “Hey Kentucky,” Matt goes in-depth on the pension bill that was just proposed by the Republicans in the Kentucky State Senate. Find out how it’s different than Governor Matt Bevin’s proposal and what it could mean for teachers and state employees across the Commonwealth if it passes:

To see the rest of tonight’s episode, go to HeyKentucky.com.

Article written by Hey Kentucky!

48 responses to “Hey Kentucky: Matt goes in depth on the Pension Bill”

  1. 502CodeRed

    Matt is a smart man, he’s a Duke grad. His parent’s knew where to send him to school and it certainly wasn’t Ken…..ah never mind.

    1. UK Big Board Update

      …as a Louisville fan, you probably shouldn’t even go there…..

  2. wyatts1

    I really do enjoy KSR for all my UK news, but please leave pollitics for other shows/stations or your gonna ruin a good thing. Not necessarily talking about the above story, I’m just talking about the previous fluff pieces you’ve placed on this site for Ashley Judd while you also elected to not open comments. Just saying, keep with sports please!!

  3. DelrayCat

    Don’t listen to the negativity Matt. Use your platform to do good for Kentucky and even those not sharing your political leanings will have no reason to complain…yet I’m sure many will.

    1. unbridled

      His political views are moronic. Kinda funny you agree with him.

    2. DelrayCat

      What exactly makes his views moronic? Seems to me he is only trying to help everyone realize how much Bevin and his minions are trying to screw over your fellow Kentuckians who go to work everyday to help make our society better. The morons appear to be the ones wallowing in the Frankfort swamp.

    3. unbridled

      Delray, apparently you don’t understand the pension liability and the fact the we are BROKE! Begin is fixing the problem that you communists have created. This issue falls squarely at the feet of the idiot liberals that have had a stranglehold on this state and the unions that believe in fairy tales. The pension system is a Omsk scheme that has run its course. Someone has to be an adult and right the ship. That’s Matt Bevin.

    4. Optional Facts

      So what your saying is, it’s ok to steal the future from our teachers because the past governments screwed up? The teachers don’t pay into social security, they don’t have a 401k this pension is their livelihood when and now if they ever retire.

    5. unbridled

      *bevin *ponzi scheme

    6. unbridled

      Yes opinions facts, I’m saying the teachers need to join the real world and adopt a 401k based retirement system. The pensions need to be phased out. The teachers union. (And it is a union) was far too willing to believe fairy tale promises from the sleazy liberals that have bankrupted our state.

  4. BlueCat22

    Great way to lure new teachers… this is awful as well. Bring on the casinos to help pay for this mess!

  5. tfordstyle

    According to libs nothing can ever be cut. You just kick the can down the road and hope things work out lol.

    1. DelrayCat

      According to cons, Russia is our friend.

    2. unbridled

      Communist have become very good at spending other people’s money.

    3. unbridled

      Delray, apparently the hildabeast and ol Barry were the ones colluding with the Russians. Where have you been? Are you in denial?

    4. DelrayCat

      LOL….Surely your are not that obtuse, and do not believe the FBI, NSA, CIA, Mueller Investigations and sitting grand jury who have already handed out 19 indictments?
      And the crime is NOT collusion. The crime is AIDING AND ABETTING COMPUTER CRIMES. The crime is ILLEGAL SOLICITATION OF IN-KIND FOREIGN DONATIONS. The crime is CONSPIRACY TO COMMIT FRAUD. And then—afterward—OBSTRUCTION, WITNESS TAMPERING,MAKING FALSE STATEMENTS, and PERJURY.

    5. syrin23

      Hillary sold $242 million of uranium to Russia, Podesta made $35 million on the board of a Russian company, the democrats with Hillary, the Dept of Injustice and FBI in an act of treason paid an English spy and Russians $10 million for a fake dossier in an attempt to overthrow the gov’t, but you still cling to the Trump Russian collusion after a year of over a dozen of the most corrupt and nastiest liberal lawyers investigating and finding nothing. You have to truly be brain dead to be a liberal. Your tears are delicious though.

      And as far as Matt is concerned. Over 80% of the money spent on education goes to non-teachers or students. We spend more on education than any nation and our test scores are decreasing. Schools have become nothing more than liberal indoctrination centers where Johnny is taught that having XY chromosomes in every cell in your body doesn’t make you a boy, just what you “feel” like. They teach them anal fisting in 5th grade in some states. If we completely shut down the Dept of Education and let the private sector do what they do, tests scores would rise at a fraction of the cost, and all the extra capital kept in the hands of entrepreneurs would make the economy soar.

    6. my2sense

      No one in their right mind would want to become a teacher or school administrator these days! Too much red tape and unnecessary paperwork. As a result too many teachers worry about testing and therefore are accused of “teaching to the test”. Emphasis is no longer on the basics. For example, why in the hell are legislators trying to pass a bill that will require teachers to teach students to balance a check book? Shouldn’t that be something taught in math class as a functional teaching tool??? This is what I mean by curriculum has gotten completely away from basics. Kids can’t multiply and they can’t write in cursive. They’re not taught basic life skills but we are high on creativity. Nothing wrong with feeling and creativity but legislators taking time to think about a bill for balancing check book is ludicrous!! And lastly who wants a job that very few people regard as important and could get you killed to boot. Hazardous pay should be infielder these days.

    7. my2sense

      *included

    8. my2sense

      Should read “included these days”, not infielder. Lol

    9. syrin23

      DelRay, LOL is the white flag of defeat saying “I have nothing to add so I will condescendingly laugh at you in lieu of a coherent argument.” It’s a liberal trademark, and yes now not remembering what you said 4 years ago in a meaningless conversation has become a criminal act even though everyone agrees the Russians did nothing to affect the election. Meanwhile we have rampant liberal voter fraud, tens of millions of illegals voting, the O admin giving guns to mexican drug cartels, guns that are still used in terrorist attacks today. You have your priorities straight. Oh wait, I bet the word ‘straight” offends you, doesn’t it snowflake?

    10. unbridled

      Again delray, I don’t think you understand what brought about the indictments, or who was actually indicted. It’s really not worth arguing, but the verbiage in the indictment was very specific by design. You clearly didn’t read or follow what was being charged. Your queen hildabeast was actually protected by the indictments you referenced. They had ZERO to do with trump. Please read a book one time for me.

    11. syrin23

      When Hillary is in an orange jumps suit, his tears will be so tasty. There are over 11,000 sealed indictments already, and word is there are going to be some serious arrests by summer time.

    12. DelrayCat

      Dude, Syrin…you are totally unhinged. Liberals teaching fisting in the fifth grade…seriously???
      And the Uranium One lie has been so widely debunked it is laughable to still try to place blame on HRC.
      I won’t even try to bother to refute you point by point, because anyone can easily google or go to a site like Snopes that does this all the time…refute your echo chamber fake news talking points.
      In the end, I guess we will see won’t we. 19 indictments and counting…with Mueller getting ever closer to the Trump crime family’s dirty Russian real estate deals every day. You realize everyone is flipping on him, because he has no moral compass, no empathy, and care about NO ONE but himself. By early next year, once the midterm wave hits and the dems take back congress…let the impeachment begin. Then we will see who has the salty tears. Peace.

    13. unbridled

      Delray, try reading the indictments and listening to Rosenstein’s statement first. Then we’ll talk. Don’t hold your breath waiting on trump to be implicated.

  6. david8577

    Here’s a little tip for everyone out there, don’t ever accept a pension as part of your job pay negotiation. At best, it’s deferred compensation. At worst, it’s underfunded and the money promised to you never materializes. Tell your potential employer, “no thanks, pay me now, for work done now”. What really should have happened, is that teachers should have been paid 20% more every year they worked, and given a chance to put that extra money in a 401k, Roth IRA, etc.

    1. unbridled

      Wow what a rational thought. Amazing that you can see through the complete disaster the Democrat party has saddled our state with. The teachers union is equally to blame as the democrat politicians that didn’t allot funds for the unicorn promises agreed upon by both parties. Take a hair cut and join the rest of the world in rpovifing your own retirement. Sheesh.

    2. unbridled

      *providing.

    3. my2sense

      It doesn’t matter which party has been involved with this mess. Point is legislators have not done what they themselves said they would do. They passed legislation they have not complex with PERIOD

    4. my2sense

      *complied

    5. syrin23

      Look at the CalPers situation in California. And why is it public employees who worked 75% of the year for $60,000 get to retire at age 55 with a full salary pension? That 25+ years of nearly full salary that tax payers have to swallow. California pays as many people not to work as they do to work while a new study shows San Fran is a disease ridden as slums in Brazil and India. Way to go libs. Keep paying people to vote, and keep importing people to illegally bote since you can’t get people to vote based on the merit of your policies.

    6. BonnieTayshaunBilly

      “…San Fran is a (sic) disease ridden as slums in Brazil and India.” You’ve never been to any of those places, have you? Eastern Kentucky is a depressing slum. It’s not heavily populated and the mountains are beautiful, but it’s full of illiterate drug addicts with guns. Per capita, it’s violent and probably as “disease ridden” as any place in America. Source: I grew up there. Escaped and traveled the world. (This is Kentucky Sports Radio. I don’t come here for political opinions. Start a different blog, or put this under a tab you have to click on to see.)

    7. unbridled

      It certainly does matter who created this mess for the state. There is one party that has had control for a century. This issue falls squarely at their feet and the willing participants that sold them their vote. The current administration and general assembly are trying to fix the mess.

  7. MegatonRange

    There’s no way a retired teacher is going to lose $73,000.00 over 12 years by going from a 1.5% COLA to a .75% COLA. If you make 50,000.00 yearly in retirement, your annual 1.5% COLA puts you at $59,780.00 after 12 years. A .75% COLA gets you to $54,690.00 after 12 years. A drop, but not 73,000.00.

    1. MegatonRange

      Jones says the 73,000.00 figure comes from that cut over the course of a lifetime, but the bill proposes the cut only for only 12 years or until the retirement plan is 90% funded.

    2. syrin23

      Almost NO ONE in the private world gets a pension that lucrative and for that time frame. You can ONLY do this when your forcibly take money from people and give it to your political allies to pay for their continued votes.

    3. unbridled

      The obvious point is that pensions don’t work. They are a Ponzi scheme. Do away with the practice and let state employees fend for themselves like those that fund their wage or compensation. Ridiculous to think otherwise. Anyone within 5 years of retirement ok. Everyone else takes a hair cut. Government workers are over paid beyond market value and these pipe dreams of retiring at 50-60 are obscene. Police and firemen with their hazard pension need to be honored. They’ve earned it. School teachers not so much. Get real people. We are broke. Earn your keep.

    4. MegatonRange

      Apparently this is how they figure the $73,000.00 “loss”. Let’s say you start as a teacher at an age of 21. Then let’s go with a starting salary of $50,000.00 a year (& it won’t be that much) then teach for 35 years, retire at 56 & live to be 101. If your COLA for 80 years was .75% instead of 1.5%, you’d lose $73,000.00. That’s a completely disingenuous crock of crap.

  8. mhs1964

    One of these days taxpayers will realize that the only people with guaranteed pensions are government workers. And guess who paid a good portion of it, directly or indirectly. My wife taught school immediately out of college, not making much money, but promised a pension, indexed for inflation, along with free to inexpensive health care. Colleagues eventually retired before age fifty with these benefits. An idiot could have foreseen that the promises exceeded what was being put away for that purpose. Why do you think all private businesses ceased their pension plans. Because they couldn’t keep promising without coming up with the money.

    1. syrin23

      And private businesses don’t let you retire in your 40’s and live off a pension. That person is getting paid more years of their life NOT to work than they are to work. What kind of failed business model is this, and we are supposed to feel sorry for these people? Their work year involves MONTHS of time off. It’s as cushy as can be, and these days, teachers have 3 assistants each, all sucking more tax payer dollars away while student test scores keep dropping even as we dumb down the tests year after year.

    2. unbridled

      Brilliant accurate. Thank you.

    3. my2sense

      This is especially true if the legislatures pull money earmarked for the KERS and making poor investments and thereby losing it. So we need to look at those individuals instead of blaming teachers and state employees.

  9. nicky

    OK..I can give a firsthand account here since my father was a HS principal…He retired at age 54 and passed away at 81…He worked approximately 27 years and was retired for approximately 27 years…He made 4.5x more in retirement than he did while working…NOW you know why the thing is busted….The math does not work people!

    1. my2sense

      My Mother should have worked there because her retirement for teaching sure wasn’t 4.5 times what she originally made. Never heard of such. Maybe your Dad paid solely into his retirement and nothing was pulled from his salary for Social Security. At any rate I’ve never heard of an administrator earning that much through a pension from teaching/administration

  10. BigBlueNationDude

    People get sooo damn angry about politics. Its hilarious how Trump has divided the country even more. You ppl can bash me for being a troll and hating, but seriously people will kill over a political debate. Its truly sad. Btw Im not for any of these sorry parties.

    1. Cryingtheblues

      The Obama administration is the one that’s divided this country!!!

  11. mcp157

    Hey if this commonwealth would legalize hemp and marijuana the pension issue would be a thing of the past. The backwards thinking folk here, including Dems and GOP, are the problem. Oh yeah please don’t discuss politics keep it all Big Blue sports.

  12. wildcatmatt27

    This is another idiotic proposal. It will kill our education system in the state. I encourage all teachers to walk out, The sick day thing will not fly.