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Kansas governor appoints 5 to pensions committee

The Kansas governor appointed five people to a new commission that will study whether Kansas should move toward a 401(k)-style pension plan for new teachers and government workers.

By JOHN HANNA, Associated Press | Updated on June 21, 2011
Kansas House Pensions Committee Chairman Mitch Holmes, far right, appears during a pensions legislation debate Tuesday, May 10, 2011 at the Statehouse in Topeka, Kan. Behind him is Rep. Leslie Osterman, a Wichita Republican. (AP Photo/John Hanna)

TOPEKA, Kan. (AP) — Kansas Gov. Sam Brownback appointed an attorney, a cattleman and three people in the financial services industry Monday to a new commission that will study whether Kansas should move toward a 401(k)-style pension plan for new teachers and government workers.

The commission was created under a law enacted this year to address the long-term financial problems facing the Kansas Public Employees Retirement System. The study panel can look at a variety of options, but the Republican governor has said repeatedly that he favors starting a 401(k)-style plan or a “hybrid” for new public employees.

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