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Tuesday, October 26, 2021

KPERS Continues To Hang In The Balance Of State Budget Issues

Kansas legislators are trying to avoid the kind funding moves with public employee pensions that previously clouded the retirement system’s long-term financial health.

But lawmakers are wrestling with the state’s serious budget problems and were not sure Wednesday whether the state could afford its full, annual commitments.

Gov. Sam Brownback has proposed freezing annual pension contributions at 2016 levels to help erase projected budget shortfalls totaling more than $1 billion through June 2019.

The Senate budget committee has added a total of $330 million to its proposed budgets for the two fiscal years beginning in July 1 to keep contributions where they’re supposed to be. Its House counterpart voted Wednesday to put off a decision.

The annual contributions were set to increase to bolster the pension system’s health.

Derek Nesterhttps://sunflowerstateradio.com
Derek Nester was born and raised in Blue Rapids and graduated from Valley Heights High School in 2000. He attended Cowley College in Arkansas City and Johnson County Community College in Overland Park studying Journalism & Media Communications. In 2002 Derek joined Taylor Communications, Inc. in Salina, Kansas working in digital media for 550 AM KFRM and 100.9 FM KCLY. Following that stop, he joined Dierking Communications, Inc. stations KNDY AM & FM as a board operator and fill-in sports play-by-play announcer. Starting in 2005 Derek joined the Kansas City Chiefs Radio Network as a Studio Coordinator at 101 The Fox in Kansas City, a role he would serve for 15 years culminating in the Super Bowl LIV Championship game broadcast. In 2021 he moved to Audacy, formerly known as Entercom Communications, Inc. and 106.5 The Wolf and 610 Sports Radio, the new flagship stations of the Kansas City Chiefs Radio Network, the largest radio network in the NFL. Through all of this, Derek continues to serve as the Digital Media Director for Sunflower State Radio, the digital and social media operations of Dierking Communications, Inc. and the 6 radio stations it owns and operates across Kansas.

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