Liberal, KS

Now: 84 °F

Currently: Fair / Windy

Hi: 91 °F | Lo: 67 °F

Tuesday

Hi: 93 °F 

Lo: 66 °F

Wednesday

Hi: 95 °F 

Lo: 66 °F

Thursday

Hi: 90 °F 

Lo: 65 °F

Friday

Hi: 88 °F 

Lo: 63 °F

Saturday

Hi: 87 °F 

Lo: 62 °F

State Pension Talks To Continue

KSCB News - May 2, 2011 8:13 am

Kansas legislators won’t approve a bill this
year addressing the state pension system’s long-term funding
problems until the House and Senate agree on whether the state
should commit to starting a 401(k)-style retirement plan for
teachers and government workers.
Leaders of the House’s Republican majority want to create a
401(k)-style plan for public employees hired after June 2013.
Leaders of the Senate’s GOP majority are wary and want to establish
a commission to study the proposal.
Democrats and public employee groups loathe the idea.
For all the room to compromise, legislative negotiators
ultimately are bedeviled by one yes-or-no question. Either senators
must agree to commit the state to a 401(k)-style plan, or House
members must agree to delay the decision for at least another year.

 

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