Committee Information
Members
Senate
Senator Jeff Longbine, Chairperson
Senator Brenda Dietrich
Senator Michael Fagg
Senator Cindy Holscher
Senator Pat Pettey
House
Representative Nick Hoheisel, Vice-chairperson
Representative Bill Clifford
Representative Cindy Neighbor
Representative Tobias Schlingensiepen
Representative Sean Tarwater
Representative Carl Turner
Representative Laura Williams
Representative Rui Xu
Staff
Kansas Legislative Research Department
Steven Wu
Edward Penner
Melissa Renick
Office of Revisor of Statutes
David Wiese
Eileen Ma
Gordon Self
Charge
Monitor, Review, and Make Recommendations Regarding the Retirement System
KSA 2023 Supp. 46-2201 directs the Committee to monitor, review, and make recommendations regarding investment policies and objectives formulated by the Kansas Public Employees Retirement System (KPERS) Board of Trustees; review and make recommendations relating to benefits for KPERS members; consider and make recommendations relating to the confirmation of members of the KPERS Board; review and make recommendations relating to the inclusion of city and county correctional officers as eligible members of the Kansas Police and Firemen’s Retirement System; and review reports regarding working after retirement exceptions (KSA 74-4914 and 74-4937). In addition to its statutory duties, the Committee will consider these pensions matters:
- Implementation of 2024 (e.g., working-after-retirement changes; an increase in the lump sum death benefit for KPERS retirees; revision of the statutory cap on alternative investments, KPERS Board investment policy; and enactment of the Countries of Concern Divestment Act, requirements on state-managed funds); and
- Possible options relating to KPERS Tier 3 plan design and its overall benefit value (continued study).
Approved Meeting Days: 1 day