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​Brownback Administration Seeks Study of Changes to Kansas Pensions

View of a corridor within the Kansas Statehouse (Photo credit: Keith Moyer)

TOPEKA, Kan. (AP) — Top aides to Republican Governor Sam Brownback are urging legislators to study major changes in the pension system for teachers and government workers that include privatizing it. Budget Director Shawn Sullivan and Secretary of Administration Jim Clark on Friday outlined potential ideas for a study during a meeting a joint study committee on pensions. Brownback said last week that he is working on proposals to improve the long-term financial health of the Kansas Public Employees Retirement System. His comments followed bipartisan criticism of his decision to divert nearly $41 million from KPERS to general government programs to help close a projected shortfall in the current budget. Sullivan and Clark urged legislators to launch a study of converting the state's long-term pension obligations into annuities managed by private companies.

Photo of Kansas Capitol Building interior by Keith Moyer, used under Creative Commons Non-Commercial License, via the blog "Time to Take Pictures: A Daily Photo from Keith Moyer"


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