The Kansas Public Employee Retirement System (KPERS) Study Commission recently made a proposal that the right-wing legislators in Topeka are sure to embrace: dismantle the current system and turn it into a “defined contribution” plan that puts teachers’ retirement income at the mercy of the market.
This is unacceptable. Teachers in Shawnee Mission and throughout Kansas have not received a pay raise in two years and do not expect one in the years to come.
And now we want to decrease the chances that there will be enough money to fund teachers’ earned retirement benefits.
If we’re really “waiting for superman” we have a very long wait indeed.
Will the legislators vote themselves the same system? Currently, their retirement, according to the National Conference of State Legislatures, is based on a salary of $83,216 (though they’re in session only 4.5 months a year). Taxpayers United of America calls this “legal corruption.” This while they plan to cut the teacher retirement system.
Write your legislators. Tell them you support adequate funding for Kansas schools and a secure retirement for its teachers.