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Dear KRTA Members,
I hope this email finds you safe and healthy.
As the COVDID-19 crisis continues to unfold, KRTA is committed to supporting you. To that end, we recently held a webinar to provide Kentucky’s retired educators with information on forecasts related to potential impacts of the coronavirus as governors across the country begin to re-open the economy.
I’m so pleased that more than 400 of you registered for this important session. This says that retired educators are embracing technology more and more to connect while we are unable to meet in person, and that you are highly interested in what the coronavirus means to you and your family.
For your convenience, a replay of the webinar is posted on our website here, along with the presentation. You can re-watch, listen or share the session with others.
During the webinar, KRTA president Harold Wilson, provided opening remarks on the importance of staying safe during the pandemic. He was followed by Gary Harbin, Teachers’ Retirement System (TRS) executive director, who reviewed the latest models created by TRS’ health insurance experts at Aon with estimates of how many people covered by TRS-sponsored health insurance (primarily Kentucky’s retired public school teachers) could potentially perish during the pandemic.
The Aon model says that barring a cure or some other major change, the number of COVID-19 cases, hospitalizations and deaths will increase regardless of when shelter at home orders end. However, the models also find that the percentage of increase are smaller for retired teachers the longer that we shelter at home. If shelter at home ends May 31, the Aon model shows a 150 percent increase in deaths by June 30. If shelter at home is extended to June 30, the one month increase on July 31 is reduced to 56 percent.
We are share this information because KRTA’s mission is to look out for the welfare of Kentucky’s retired teachers. This webinar provided information so that you can make informed decisions on precautions to stay safe and healthy as Kentucky begins to loosen restrictions. As we know, KRTA members are at a greater risk of contracting COVID-19 because we are older than the general population and many of us have underlying health issues.
I hope this information is helpful. Please let us know if there is anything we can do to support you.
Thank you and wishing you good health.