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The provision would allow the governor to delay state payments into KPERS.
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The bill would allow the governor to delay payments to KPERS this year, with the stipulation that they be replaced later.
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Here's a summary of the day's Kansas news headlines from the Associated Press as compiled by the KPR news staff.
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Here's a summary of the day's Kansas news headlines from the Associated Press.
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Kansas issued $1 billion in bonds for KPERS right around the time of the stock market downturn.
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In the past, Brownback has supported moving Kansas from a pension to a 401(k)-style retirement system.
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Here's a summary of the day's Kansas news headlines from the Associated Press.
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Moody's Investors Service said in a report this week that issuing the $1 billion in bonds will do little to solve the problem and could jeopardize the long-term status of the state employee retirement fund
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Here's a summary of the day's Kansas news headlines from the Associated Press, as compiled by the KPR News Team.
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Here's a summary of the day's Kansas news headlines from the Associated Press, as compiled by the KPR News Team.