Report of the Joint Committee on Pensions, Investments and Benefits to the 2024 Kansas Legislature

The Joint Committee on Pensions, Investments and Benefits was created in 1992 and is authorized by KSA 2023 Supp. 46-2201 to:
● Monitor, review, and make recommendations relative to investment policies and objectives formulated by the Kansas Public Employees Retirement System (KPERS or the Retirement System) Board of Trustees (Board);
● Review and make recommendations related to KPERS benefits;
● Consider and make recommendations on the confirmation of members nominated by the Governor to serve on the Board; and
● Introduce legislation it determines to be necessary.

Health Insurance Mandates in Kansas

This article examines required insurance benefits in Kansas law, the “test track” requirements for the Legislature’s consideration of proposed mandates, and any anticipated reporting from the State Employee Health Plan (SEHP). What is a mandate? Statutes added in Kansas insurance law require certain health care providers be paid for services rendered (provider mandates) or beContinue reading “Health Insurance Mandates in Kansas”

KPERS—Cost of Living Adjustments

Steven WuSenior Fiscal AnalystSteven.Wu@klrd.ks.gov785-296-4447 Melissa RenickAssistant Director for ResearchMelissa.Renick@klrd.ks.gov785-296-4138 Dylan DearManaging Fiscal AnalystDylan.Dear@klrd.ks.gov785-296-0665 The majority of Kansas Public Employees Retirement System (KPERS) pension plans are defined benefit plans, which provide a fixed, pre-established benefit for members at retirement. Economic Changes The value of fixed benefits can decrease over time due to changes in the economy,Continue reading “KPERS—Cost of Living Adjustments”

Cryptocurrency and Blockchain Technology

Note: This memo is from 2022. Please see the updated memo here. This memorandum provides an overview of the functions of cryptocurrency and blockchain technology and describes relevant federal and state regulation. The appendix provides a detailed list of state action with regard to cryptocurrency and blockchain technology. Download the full memo here: Download aContinue reading “Cryptocurrency and Blockchain Technology”