Teacher/school administrator friends, WE NEED YOU TODAY. The preliminary draft of the pension bill is U-G-L-Y. The commission will take action on TRA reforms TONIGHT. We need you now!!
Apparently this legislature is hellbent on socking it to active members. After shouldering 45% of the burden in the 2010 reforms, this new bill dumps another 66% of the cost onto current teachers & school admin. Employers only bear 13% of the costs. So much for sharing in the responsibility.
And with a giant surplus, there is no additional funding to offset these costs.
Perhaps they haven’t heard of the teacher shortage? IT’S REAL, folks!
PLEASE contact the pension commission members and tell them that this is unacceptable. Indicate your support for the very FAIR and BALANCED proposal set forth by the TRA board. Thank you. Here’s how:
http://www.commissions.leg.state.mn.us/lcpr/members.htm
For reference, here’s a copy of the bill:
http://www.commissions.leg.state.mn.us/…/2017/LCPR17-038.pdf