Teachers Pensions Discussed At Educators Conference - ABC FOX MONTANA NEWS, WEATHER, SPORTS - KTMF/KWYB

Teachers Pensions Discussed At Educators Conference

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BELGRADE -

More than 2,500 teachers from across the state gathered in Belgrade on Thursday for the Montana Education Association - Montana Federation of Teachers Educators conference.

One popular topic of discussion was a new law from the last legislative session which makes cuts to teachers pensions. The new law would lower the annual cost of living for retired teachers.

Educators immediately spoke out against the changes and last week six current and retired educators and the MEA - MFT filed a lawsuit against the state and teachers' retirement board.

MEA-MFT President, Eric Feaver said it is unconstitutional to change the annual cost of living for retired teachers from 1.5 percent to 0.5 percent.

"We believe that not only is it unnecessary and it violates the contract right that teachers and administrators and others covered by the teachers retirement system," said Feaver. "The state of Montana teachers are bought into the plan and they are required to be in the plan. Teachers are paid into the plan and the expectation is they'll get the benefit the plan provides."

The change in the teachers retirement plan is expected to go into effect January 1.

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