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St. John legislator works with KPERS' issues

KPERS' system faces lack of sufficient funding

Photo by Jim Misunas Great Bend Tribune Several dozen people attended the legislative listening tour that featured State Senator Allen Schmidt and State representatives Mitch Holmes and Larry Powell.

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By Jim Misunas

LARNED — Retired Kansas Public Employees Retirement System (KPERS) employees don’t have to worry about future benefits.
But current and future KPERS enrollees will pay a higher contribution and will likely receive lower future benefits, according to a local legislator.
Rep. Mitch Holmes, R-St. John, outlined issues with KPERS facing a $8.3 billion unfunded liability through 2033. Holmes is co-chair for the House Committee on Pensions and Benefits. He visited with Pawnee County citizens regarding KPERS issues during a legislative meeting Thursday. There were several dozen people who acknowledged they were part of ...

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