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.

 

Latest Stories

Curve Begins to Flatten in Texas County

By Miranda Gilbert Emergency Management PIO Texas County officials confirmed nine positive COVID-19 tests on Saturday,...

COVID-19 Numbers for May 29th

The latest statistics released by the KDHE, Seward County Health Department, and surrounding Counties for Friday...

Broadcast Square audio archives May 26 to 29, 2020

You can listen to archived Broadcast Square audio from the week of May 26 to 29,...