Teachers across the United States are standing up for education and …show more content…
Many teachers in Kentucky will see a significant decrease in the amount of money that is going to their retirement starting on January 1, 2019. On this date the state will start contributing 1.97% instead of 2.75% of teachers and other state employees salaries into their retirement funds.
In Indiana teachers mostly bargain for everything, including the percent that the state puts into the teachers retirement funds. For the majority of teachers the state gives a three percent of the salary to the retirement funds of teachers and other state employees. Right now for the staff of Indiana sick days do not roll over into their retirement, but that is negotiable for all staff.
Also Senate Bill 151 is making the age of raising the age in which teachers can retire in Kentucky. Now it is the rule of 87 which means the age of teachers or state employs plus the amount of years of participating in their job has to equal 87 in order to retire. The state of Indiana has different age requirements for teachers across the state. They go anywhere from rule of 85 to rule of 87 throughout the state, just depending on the teachers and the school corporation that the teachers belong