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KTRS Change of Address Form Kentucky Teachers' Retirement Ktrs Ky

KTRS Change of Address Form Kentucky Teachers' Retirement Ktrs Ky

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in the last five years we have paid out over $2 billion do in assets we've gone we've decreased the ktrs asset Base by $2 billion in the current fiscal year Mr President we're going to have a $600 million cash flow negative cash flow in ktrs just in this 2014 204 2015 2014 2015 cycle we're going to have a $600 million negative cash flow next year Mr President we're going to have a $700 million negative cash flow now that those sound like big numbers and we can't relate to that but that's pretty serious when you're running that kind of deficit okay in addition Mr President and again I have to concur with Senator Pike we're not economists but if we were to look at the most recent report put out by standard and pors January 26 2015 now I know none of us were looking at that as we're getting ready to reconvene but the standard po standard and Poor's report put out January 26 2015 I want everybody to kno

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