A police organization is joining opposition to a proposal that would change the state retirement plan. Lawmakers are considering changing the plan from a pension, which has guaranteed retirement payments, to a 401(k)-style plan where workers manage their own retirement investments. Ron Brown, with the Kansas Fraternal Order of Police, says changing the plan might require officers to work more years to build their retirement savings.
Brown says around one-third of Kansas police are enrolled in the state pension program. The Kansas Public Employees Retirement System, known as KPERS (KAY-pers), faces a multi-billion dollar shortfall over the coming decades. Proponents of changing KPERS say the system needs reform.