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KPERS omnibus legislation including alternative investment cap increase, working after retirement changes, retiree death benefit, and divestment from countries of concern. Provisions take effect July 1, 2024. Bills Past Second Chamber Senate Bill 37 | KPERS Summary
- House Bill 2243: KPERS Omnibus Legislation
HB 2243 changes the standard time period between experience...
- KPERS - Kansas Public Employees Retirement System
KPERS administers three statewide pension plans for Kansas...
- House Bill 2243: KPERS Omnibus Legislation
KPERS administers three statewide pension plans for Kansas state and local public employees. The System also oversees KPERS 457.
Annual valuation report and total fund performance. The Joint Committee commends the outstanding work of the Kansas Public Employees Retirement System (KPERS) Board of Trustees and KPERS staff in the continued improvement of the unfunded actuarial liability (UAL).
HB 2243 changes the standard time period between experience studies from three years to four years. It allows the KPERS Board of Trustees to complete an experience study in as few as three years, or as long as five years if it makes sense from a fiduciary standpoint.
28 lip 2022 · The Legislature approved issuance of pension obligation bonds to bolster KPERS in 2004, 2015 and 2021. The pension system invested revenue from selling $2 billion in bonds into the international market in anticipation profits would provide income to KPERS.
EXECUTIVE SUMMARY. The 2022 Legislature approved a budget of $68.3 million, including $67.3 million from the Kansas Public Employees Retirement Fund, for the Kansas Public Employees Retirement System for FY 2023. No adjustments have been subsequently made to that amount.
30 kwi 2024 · Short Title. Transferring teachers from the KPERS 3 cash balance plan to the KPERS 2 plan and defining teachers for purposes of KPERS. View Testimony and Minutes.
