Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Monday, 22 December 2014
Login |  Register 
 
Find Products or Services in your local community
 
KSCB Radio News US National Business Health & Science Political World Sports Top NPR Headlines Sports National Headlines
Kansas Lawmakers Agree On New Pension Plan
05/16/2012

Negotiators for the Kansas House and Senate
have agreed on a proposal creating a new retirement plan for
teachers and government workers hired after 2014.
     Three senators and three House members resolved the last of
their disagreements Tuesday on the pensions legislation.
     It would move away from traditional state plans that guarantee
retirement benefits up front, based on a worker's salary and years
of service. But it would not go as far as 401(k) plans that tie
benefits solely to the plan's investment earnings.
     The state would pay 5.25 percent interest on contributions from
workers and the state to employees' retirement benefits. Workers
would get a lump sum upon retirement, which could be converted into
an annuity.
     

 

© Associated Press
You will need to be logged in to leave a comment.
Please Login

characters left

The posting of advertisements, profanity, or personal attacks is prohibited.
Click here to review our Terms of Use.



MOST VIEWED STORIES
Wind Turbine Collapses in Haskell County
Feral Hogs with Pseudorabies Found in Panhandle
Scam Alert From Southern Pioneer Electric
Accident Claims The Life Of A Holcomb Woman
Step Out In Blue
High Plains Aquifer Declining
Teresa Childress To Have A "Memorable Christmas
Southwest Medical Center Adds Hospitalist
New State Division Formed To Fight Cattle Theft
Plunging Oil Prices Hurt Kansas Producers
Click Here For All Stories

LATEST STORIES
Rollover Crash Kills Western Kansas Man
Aggies Downed by Dustdevils
Redskin Wrestlers Win Kingfisher Tournament
Redskin Defense Stifles Perryton
Lady Skins Grab First Win of the Season
Friday's Scores
South Wrestling Placers at ARMS Tournament
Teresa Childress To Have A "Memorable Christmas
Southern Pioneer Offers Youth Trips To Washington DC
Southwest Medical Center Adds Hospitalist
Click Here For All Stories
Click Here for KSCB Talk Radio 1270 am
Click Here for B107.5
Click Here for The Legend 102.7
click Here for ozzBlog
Click Here for the Emergency Alert Hanbook

©2014 Seward County Broadcasting Company, Inc.
1410 N. Western Ave. Liberal, KS 67901

Emergency Alert System | EEO Public Report Form | The Public and Broadcasting

Powered by Radio Media Group