TOPEKA, Kan. (AP) — Kansas legislators are beginning work next week on the final version of a bill dealing the long-term funding problems of the pension system for teachers and government workers.
Three House and three Senate negotiators are scheduled to meet Monday afternoon at the Statehouse.
They're supposed to reconcile the differences between the two chambers, which have passed different pension measures.
Recommended For You
The Kansas Public Employees Retirement System projects a gap of $7.7 billion between anticipated revenues and the benefits it has promised over the next several decades.
Both bills boost the state's annual contribution to KPERS.
The Senate plan increases contributions by most public employees to KPERS, starting in 2013. The House plan decreases future benefits and establishes a 401(k)-style plan for employees hired after June 2013.
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
