Schools face pensions liability for early retirement programs
Teachers and administrators were nudged in 1993 to take KPERS benefits early if eligible, and actuaries warned to a legislative committee that districts and community colleges may incur unfunded liabilities up to 304 million dollars over decades. The potential burden could push tax increases or force cuts elsewhere. Senator Kerr noted the growing annual payouts from school funds.
MENTIONED IN THIS ARTICLE
Topeka
Omaha
Neb
Milliman and Robertson Inc
Joint Committee On
Kansas Public Employees Retirement System
KPERS
Dave Kerr
R-Hutchinson
Senate
Ways and Means Committee
Don Steffes
R-Mcpherson
Milliman and Robertson
Kerr
Unfunded Liabilities Inks Kansas Early Retirement Plans
Kansas lawmakers analyze unfunded liabilities linked to early retirement programs for 304 districts and community colleges. In 1993 rules allowed age plus service to reach 85 for benefits. 1995 audit warned districts could owe over 46 million annually by 2000. KPERS holds 1.4 billion unfunded over 36 years.
MENTIONED IN THIS ARTICLE
Kerr
Ottawa weighs fate of historic middle school demolition
Ottawa officials set a Sept 3 public hearing on a demolition permit for the old middle school, with a two part session allowing 45 minutes per side. Preservationists led by Don Waymire must show a viable alternate reuse by early September to block teardown.
MENTIONED IN THIS ARTICLE
Ottawa
Ottawa Middle School
Don Waymire
Waymire
Friends of Historic Buildings
Ron Schneider
Scott Lambers
Lawrence High seniors win Merit Scholarship awards
Six members of the Lawrence High School Class of 1997 received college sponsored Merit Scholarships funded by sponsor institutions. Awards range from 250 to 2000 dollars annually for up to four years. Five students earned the W Harold Otto Merit Scholarship from Kansas University. Six total LHS graduates are among about 7,000 1997 high school recipients, part of 27 million in scholarships nationwide.
MENTIONED IN THIS ARTICLE
Lawrence High School
States
Washington, D.C
LHS
W. Harold Otto
Kansas University
Karrigan Bork
John Bork
Jean Shepherd
Lawrence
Seth L. Gabbert
Jama Kolesick
Larry Gabbert
Matthew Gaus
Philip
Gail Gaus
Avery Lominska
Joy
Bob Lominska
Michael Turvey
Ginny
Bob Turvey
Timothy Stephens
Noel
Gillian Stephens
Also Mentioned on This Page
By John Hanna
USD
Community College
Kansas Legislative Research Department
JourNal-Worlh
Rene
Baker University
Eaaaan
Sanne Tony
Lawrence-Douglas County
Health Department
Missouri Street
Aqna CM
NTE
Ecn
Qhim Cache Lei Meaicom
Ya Mon
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