Tuesday, 07 July 2015
Login |  Register 
 
Find Products or Services in your local community
Tuesday
Low  57°
High 74°
Wednesday
Low  65°
High 81°
Thursday
Low  64°
High 86°
Friday
Low  69°
High 90°
Saturday
Low  69°
High 96°
Sunday
Low  68°
High 99°
Monday
Low  69°
High 100°
Current Temperature in Liberal KS is 66°  
KSCB Radio News US National Business Health & Science Political World Sports Top NPR Headlines Sports National Headlines
State Pension Plan Moves Forward
03/21/2013

A Kansas House committee has voted to authorize $1.5 billion in bonds to bolster the state pension system for teachers and state government workers.
 
     But the Pensions and Benefits Committee vote Thursday was 7-6, reflecting a split over whether the legislation does enough to address a long-term funding gap facing the pension system.
 
     The Kansas Public Employees Retirement System projects a $9.3 billion gap between anticipated revenues and benefits promised to public employees through 2033. The system's assets would cover about 53 percent of its obligations.
 
     KPERS Executive Director Alan Conroy has said putting the proceeds from the bonds into the pension system would bump up the funding ratio more quickly than it would rise otherwise.
 
     The bill goes next to the full House for debate.

 

© 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
Shots Fired At Liberal Police Offers, Attempted Murder Charges Sought
LHS Principal Rafe Begley Passes Away
UPDATE:Endangered Child Found
Supreme Court Reverses Seward County District Court Ruling
New Laws Take Effect In Kansas
UPDATE: Agreement Reached/Amtrak's Southwest Chief In Jeopardy
Brooks Bomb Helps BJ's Drop Dodge
USD 480 To Hold New Teacher Fair
Texas County Awarded TSET Grant
FSBC To Offer VBS - Off The Map
Click Here For All Stories

LATEST STORIES
LHS Announces Vincent As New Principal
USD 480 School Board Reorganizes
Straw Harvest Offers Second Paycheck To Farmers
BJ's Bounce Broncos in Game 1
Two Lady Saints Represent at European Championships
UPDATE: Agreement Reached/Amtrak's Southwest Chief In Jeopardy
BJ's Slip into Second
Bee Jays Fizzle on the Fourth
Brooks Bomb Helps BJ's Drop Dodge
Thursday Rainout Means Double Header on July 4th
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 Kansas Lottery

©2015 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