Acta Kansas

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SB202: Transferring teachers from the KPERS 3 cash balance plan to the KPERS 2 plan and defining teachers for purposes of KPERS.

IntroducedSenate
Introduced
In Committee
Passed Chamber
Passed Both
Signed

Plain-Language Summary

This bill would move some teachers from one Kansas retirement plan (KPERS 3 cash balance) to another (KPERS 2). This change would affect their future retirement benefits.

Who This Affects

Teachers currently in KPERS 3 cash balance plans would be impacted, potentially affecting their retirement income and financial planning.

Key Provisions

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Timeline

Introduced

Tuesday, February 4, 2025

Last Action

Senate Referred to Committee on Financial Institutions and Insurance

Feb 5, 2025

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