Over the past couple weeks, I have been in Frankfort multiple times advocating for our two major legislative priorities:
I’m encouraged by the response we’ve received to both. The Senate is currently debating their version of the budget, and our Northern Kentucky senators have been terrific in their support of equitable funding for NKU.
Today I’m writing to encourage your advocacy and support of our other priority: pension relief and reform. We have continually voiced our concerns with the unsustainable financial pressure the state pension system places on NKU, and our legislators have responded in the form of two bills:
Each of these bills give NKU options for addressing the pension, which has become our greatest financial challenge. We are still assessing each of these options, and our decision would be made with the best interests of our people, our students and our institution in mind.
Without the passage of these bills together, no relief or reform options will be available and our institution will be forced to create a budget with an at least $13 million reduction to cover the increased costs to KERS.
I’m urging you to advocate for passage of these bills. We’ve updated our message on www.investinsuccessky.com. It is simple and quick to use, and your efforts can make a lasting impact.
Thanks for all you do to support NKU and our students.
Gerard A. St. Amand
Northern Kentucky University
800 Lucas Administrative Center
Highland Heights, KY 41099