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Analysis: Key to Kan. pension talks is 401(k) plan

Kansas legislators won't approve a bill addressing the state pension system's funding problems until the House and Senate agree on whether the state should commit to starting a 401(k)-style retirement plan.

By JOHN HANNA, AP Political Writer | Updated on May 02, 2011
Kansas state Senators John Vratil, left, R-Leawood; Mary Pilcher-Cook, center, R-Shawnee, and Carolyn McGinn, R-Sedgwick , confer during a Senate debate on pensions, Tuesday, March 22, 2011, at the Statehouse in Topeka, Kan. (AP Photo/John Hanna)

TOPEKA, Kan. (AP) — Kansas legislators won’t approve a bill this year addressing the state pension system’s long-term funding problems until the House and Senate agree on whether the state should commit now to starting a 401(k)-style retirement plan for teachers and government workers.

Leaders of the House’s Republican majority want to create a 401(k)-style plan for public employees hired after June 2013. Leaders of the Senate’s GOP majority are wary and want to establish a commission to study the proposal.

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