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05-14-2008, 07:28 PM
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Junior Member
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Join Date: May 2008
Reputation: 10
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A question for any teachers out there
I have an Ohio teaching lic with 21 years experience. I'm looking to move to Ky to teach and want to know if anyone knows how it will affect my retirement. Any ideas who I can contact?
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05-14-2008, 08:19 PM
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Senior Member
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Join Date: Jun 2006
Location: Woodstock, GA & Butler county KY
234 posts, read 183,350 times
Reputation: 158
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Quote:
Originally Posted by Ohio SpEd teacher
I have an Ohio teaching lic with 21 years experience. I'm looking to move to Ky to teach and want to know if anyone knows how it will affect my retirement. Any ideas who I can contact?
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I stopped teaching many years ago but I suggest you check with your county's HR department and ask them. Most states offer transfer options to combine with other retirement programs. That is where I would start, it is not an unusual situation.
Dig~ |
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06-03-2008, 09:49 PM
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Senior Member
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Join Date: Jan 2008
Location: Tennessee
554 posts, read 402,560 times
Reputation: 318
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The Board of Education in Frankfort can put you with the right people. There's a retirement association, but the name escapes me. I think you'll be told that you can "buy" years. Several of my co-workers have done that so they could retire. if you join KEA (Kentucky Education Association) when you move, they can also supply you with answers.
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06-03-2008, 10:39 PM
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Member
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Join Date: Apr 2007
Location: Mobile, AL
69 posts, read 86,319 times
Reputation: 21
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Quote:
Originally Posted by charz
The Board of Education in Frankfort can put you with the right people. There's a retirement association, but the name escapes me. I think you'll be told that you can "buy" years. Several of my co-workers have done that so they could retire. if you join KEA (Kentucky Education Association) when you move, they can also supply you with answers.
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Kentucky Retirement Systems. I don't know about the process, but I used to live down the road from their building. |
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07-28-2008, 11:41 AM
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Member
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Join Date: Jul 2008
10 posts, read 8,019 times
Reputation: 10
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You want to first check wit hr in your former city and Hr in the new city to see what you will lose. And see what all will transfer with you.,
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07-28-2008, 05:31 PM
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Senior Member
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Join Date: Dec 2007
Location: Cadiz, Ky
2,167 posts, read 1,354,119 times
Reputation: 4415
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Retirement in Kentucky is changing for the worse right now. If you're planning on teaching for a while, then you'll probably be OK. I had 26 years and bought a year out of some retirement I had from a year working at Murray State. Doing it that way, 1 year only cost me $1300. If I bought time trying to get to retirement years, 2 years would have cost me $19,000
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07-28-2008, 10:17 PM
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Member
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Join Date: Jun 2008
30 posts, read 17,329 times
Reputation: 12
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Here is a random "teaching" question.. After 8 years I will have 8 years as a special education teacher. I am seriously considering a career change. Does anyone have any suggestions of what else I can do with a teacher degree?
Sorry, I don't know anything about KY's retirement system. I hope you have good luck finding the info you need!
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