Republican Leadership Discusses Pension Reform & Possible Changes to Retirement Plans

“For current retirees, Thayer said “everything outside of the inviolable contract should be and would be considered.” One example is a “sick day issue” for current teachers. The Georgetown Republican said some teachers stockpile their sick days to increase their retirement benefits. The stockpiling of the days adds millions of dollars in debt to the pension systems, Thayer said. The majority leader added that the sick days are not a benefit promised in the inviolable contract, and thus could be changed by the General Assembly.”