Tuesday, 09 February 2016
Login |  Register 
 
Find Products or Services in your local community
Tuesday
Low  29°
High 60°
Wednesday
Low  29°
High 75°
Thursday
Low  32°
High 59°
Friday
Low  28°
High 64°
Saturday
Low  37°
High 57°
Sunday
Low  33°
High 63°
Monday
Low  36°
High 69°
Current Temperature in Liberal KS is 33°  
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
UPDATE: Liberal Kenworth Catches Fire
Liberal Woman Injured In Kearney County Accident
Title Up For Grabs In 67th Annual Pancake Race
Amparan Crowned New Miss Liberal
Parsons Time Not Enough for Record Setting Olney
Men's Pacer Race Field Is Full
Bee Jays Tab Former Cub as their Manager
Co-Op Heroes Receive Power and Hope Award
2016 Pancake Day Parade Results
Board Taps Local Talent to Emcee Talent Show
Click Here For All Stories

LATEST STORIES
LFD Report On Kenworth Fire
Parsons Time Not Enough for Record Setting Olney
Tuesday's Games
Liberal and Hugoton Climb in Boys Poll
Legislative Update From Rep. Francis
SWMC Auxiliary Celebrates Community Volunteers
USPS Offers Pancake Day Cancellation
Redskin Wrestlers Take Third at Goddard
Seward County Republican Party To Meet
UPDATE: Liberal Kenworth Catches Fire
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

©2016 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