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KPERS Fund To Decide One Time Pension Boost By 1982 Session
A legislative study committee voted to urge that excess KPERS earnings in 1981 be used for a one time boost to retirees in fiscal year 1983. The plan would avoid permanent changes and foresees potential extra checks next Oct 1 or spring 1983, with a hypothetical $9 million figure. Opposition argued permanent increases could jeopardize fund solvency and require general funds later.
MENTIONED IN THIS ARTICLE
Topeka
Kan
Frank Gaines
D-Augusta
Gaines
Kansas Retired Teachers Association
Kansas Public Employees Retirement System
KPERS
Legislative Committee
Jerry Andre
R-Meriam
Werts
R-Junction City
Andre
General Fund