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Frequently Asked Questions
What is the Kentucky Teachers Retirement System KTRS?
Kentucky Teachers Retirement System KTRS is a defined benefit retirement plan for benefitted positions at EKU that require certification or a 4-year college degree or higher, and does not allow experience to substitute for a college degree. Benefited employees must participate by law and have 30 days to enroll after starting employment.
What is a KTRS plan?
KTRS is a defined benefit retirement plan for benefitted positions at EKU that require certification or a 4-year college degree or higher, and does not allow experience to substitute for a college degree. Benefited employees must participate by law and have 30 days to enroll after starting employment.
How much do employees contribute to KTRS pension?
Employees contribute 8.185% of compensable earnings on a pre-tax basis. KTRS Retirement & Disability Benefits Benefits of all vested members are based on years of service and final compensation. Sick leave balances between 3-6 months will be converted to service credit.