This week, a study commission appointed by the state legislature decided to recommend changes to the Kansas Public Employees Retirement System (KPERS). Concerns are that because state revenues are declining, taxpayers will not be able to afford the system as it is currently structured. Teachers, legislators and other public workers are members of KPERS.
For more information, see the coverage in the Topeka Capital-Journal: http://tinyurl.com/88s9dex
And The Hutchinson News published a good analysis of the issues faced by the pension commission: http://tinyurl.com/d2942vj
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