Tag: Kansas Public Employees Retirement System

House committee gets cold feet on plan to buy down $450 million in KPERS’ bonds

A Kansas House committee initially supported allocating $450 million to reduce the unfunded liability of the Kansas Public Employee Retirement System, but reversed the decision in favor of preserving cash for tax reform or other spending priorities. The Governor's proposal to use the surplus to pay off bond debt was rejected, leading to a shift in focus.

Political conflict about control of KPERS’ investment portfolio roils Kansas Senate

by Tim Carpenter, Kansas Reflector April 6, 2023 TOPEKA — The Kansas Senate had to vote twice Thursday before accepting...

Proposed KPERS bond buyback program could save Kansas millions in interest

by Rachel Mipro, Kansas Reflector February 6, 2023 TOPEKA — A new finance bill would buy back bonds used to...