Private retirement plans might cost state workers more, lawmakers hear By Jonathan Shorman jonathan.shorman@cjonline.com State workers would potentially have to contribute more of their income under private retirement plans, lawmakers […]

NEW CASE STUDIES FIND INCREASED COSTS WHEN STATES SWITCHED FROM PENSIONS TO INDIVIDUAL ACCOUNTS  Alaska, Michigan, and West Virginia Experiences Offer Cautionary Examples to Policymakers   WASHINGTON, D.C., February 10, […]

Governor Brownback and the Kansas Legislature have been scrambling to fill the $380 million hole in this year’s state budget, with more than a $400 million deficit expected next year. […]

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KPERS priority is funding

January 27, 2015

The Brownback administration wants the Legislature to look again at privatizing the state’s pension plan. But as with previous reviews, lawmakers likely will conclude that privatization is impractical and that […]

Why 401(k)s Shouldn’t Replace Pensions

January 27, 2015

It’s not just basic finance, it’s common sense: A large pool of money invested by professionals will yield far greater returns than small, separate accounts managed by individuals with no […]

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KPERS cuts are costly

January 27, 2015

Gov. Sam Brownback’s plan to reduce payments to the state’s pension system undercuts the reforms he helped champion and would cost taxpayers billions of dollars. Surely there is a better […]

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Coalition asks Committee to Reject Pension Plan Switch Urges Legislature to Stay the Course on KPERS Reform

February 19, 2014

Coalition asks Committee to Reject Pension Plan Switch Urges Legislature to Stay the Course on KPERS Reform Proposal Puts Wall Street Profits Ahead of Public Services Topeka, Kan. — In response to […]

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Stay the Course on KPERS

October 15, 2013

When we think of the bedrocks of our community we conjure up images of our public safety workers, our snowplow drivers, our teachers, and our law enforcement officials. Like all […]

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STATE PENSION COALITION SAYS GOVERNOR’S LATEST DEFINED CONTRIBUTION PLAN A RISKY EXPERIMENT

March 19, 2013

(TOPEKA)–The following is a statement from Lisa Ochs, Chair of Keeping the Kansas Promise Coalition, in response to Governor Brownback’s latest risky experiment proposing to move the State’s public employee […]

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KKP responds to KC Star Editorial: “Get a handle on soaring pension costs in Kansas”

February 18, 2013

It was clear from reading the February 9 editorial “Get a handle on soaring pension costs in Kansas,” that the author either failed to research all the facts or is […]

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