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Additional Long-Term Funding Information

Most Recent

The Joint Committee on Pensions, Investments and Benefits voted in December 2010 to reintroduce versions of two bills considered in the 2010 legislative session. Both bills, SB 564 and HB 2400, are described in the section below.

January 2011, House leadership created the Committee on Pensions and Benefits, a new standing committee, to focus on KPERS long-term funding and benefits.

In the Last Year

During the 2010 session, the Joint Committee on Pensions, Investments and Benefits introduced SB 564. It would have increased employer and employee contribution rates and increased the multiplier for future service. The House Select Committee introduced House Sub for HB 2400 that would have raised employer contributions. Both bills had hearings, but neither bill passed.

  • Joint Committee, September 2, 2010, Funding Overview Presentation (PDF, 53KB)
  • Senate Ways and Means Committee, March 10, 2010, SB 564 Presentation (PDF, 88KB)
  • Senate Ways and Means Committee, March 10, 2010 SB 564 Testimony (PDF, 24KB)

  • Joint Committee, February 26, 2010 - KPERS' Status Report with signficant historical data and background

Earlier Information

Actuarial Valuation

New Valuation Shows Slight Improvement, but Action for LTF Still Needed