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HB2129: Transferring teachers from the KPERS 3 cash balance plan to the KPERS 2 plan and defining teachers for purposes of KPERS.
IntroducedHouse
Introduced
In Committee
Passed Chamber
Passed Both
Signed
Plain-Language Summary
This bill would move some teachers from one retirement plan (KPERS 3 cash balance plan) to another (KPERS 2 plan). It also defines what it means to be a teacher for purposes of KPERS.
Who This Affects
Teachers currently in the KPERS 3 cash balance plan and those who may become part of this plan in the future would be affected. This change could impact their retirement benefits.
Key Provisions
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Timeline
Introduced
Monday, January 27, 2025
Last Action
House Hearing: Wednesday, February 5, 2025, 9:00 AM Room 582-N
Feb 4, 2025
Sponsors
No sponsors listed.
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