Sunday, February 28, 2010
Ky. Teachers Approve Health Care Plan
KENTUCKY....
To preserve benefits and save taxpayer money, Kentucky representatives of the teachers, retirees and school boards signed onto a deal Friday in Frankfort which would allow Kentucky public school districts, as well as teachers and retirees under age 65, to pay more for retiree health care. Under the proposal, beginning next fiscal year, current teachers would contribute an additional .25% of their payroll for retiree health care, while retired teachers under age 65 would begin contributing $37 per month next year. School systems would contribute .25% of payroll next fiscal year and gradually see that amount increase until fiscal year 2016, when they would contribute 3%.
To preserve benefits and save taxpayer money, Kentucky representatives of the teachers, retirees and school boards signed onto a deal Friday in Frankfort which would allow Kentucky public school districts, as well as teachers and retirees under age 65, to pay more for retiree health care. Under the proposal, beginning next fiscal year, current teachers would contribute an additional .25% of their payroll for retiree health care, while retired teachers under age 65 would begin contributing $37 per month next year. School systems would contribute .25% of payroll next fiscal year and gradually see that amount increase until fiscal year 2016, when they would contribute 3%.
# posted by Homer Owens @ 11:36 AM 
