TOPEKA, Kan. (AP) — Kansas legislators moved closer Monday to dedicating revenues from state-owned casinos to pensions for teachers and government workers as part of a broader bill bolstering the long-term financial health of the state's retirement system.

Senators agreed during talks with House members to include a proposal in legislation overhauling the Kansas Public Employees Retirement System. Three senators and three House members are now negotiating over how much casino revenues should be set aside.

The idea has bipartisan support and the backing of Republican Gov. Sam Brownback. The House added a provision to pensions legislation before approving it in March, but the Senate didn't debate the idea before passing its version of the retirement system bill earlier this month.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 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.