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Pension Reform Information Hub

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2020 Timeline

  • Beginning the Week of October 12, 2020 – Information sessions with various tiers of staff
  • Through the Month of October, 2020 – Segal refining, updating, and analyzing tools for employees
  • Beginning the Week of October 12, 2020 – Consultants work on potential capital market execution plan
  • Beginning the Week of November 2, 2020 – Employee support, tools and resources
  • November 20, 2020 – President Vaidya’s Fall Forum with the campus community
  • December 2, 2020 – Special Board of Regents meeting to vote on the pension
  • January 1, 2021 – Deadline to inform KERS of NKU’s pension decision
  • July 1, 2021 – NKU’s Soft Freeze Cessation from KERS

Latest News & Updates:

On December 3, 2020, the Board of Regents approved a resolution to exit the university from KERS but allow our Tier 1 and Tier 2 employees to stay in the system.

Tier 3 staff will move to the university’s defined contribution plan, and our models indicate that they will benefit from this move. Please see the President's message for more information.

 

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Employee & Retiree Pension Benefits FAQ

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Upcoming Event

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Pension Information and Feedback Sessions:

Tier 1: Thursday, Oct. 15, 9-10 a.m.      

Tier 2: Monday, Oct. 19, 1-2 p.m.

Tier 3: Thursday, Oct. 22, 9 10 a.m.  

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Learn More

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Contact KERS

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502-696-8800 (Main Office)
1-800-928-4646 (toll free)
krs.mail@kyret.ky.gov

Kentucky Employees Retirement System website:
https://kyret.ky.gov    

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