KPERS board balks again at governor’s refinancing plan

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For the second time in two years, the state retirement system’s Board of Trustees has refused to go along with Gov. Laura Kelly’s plan to finance her spending plan by restructuring payments to the state’s retirement system.

The board on Friday voted to back the system’s current plan for covering most of the state’s unfunded pension liability by 2033, said Alan Conroy, executive director of the Kansas Public Employees  Retirement System.

The board directed its staff to draft a letter to the governor stating the board's opposition to diverting from the pension system's . . .

SSJ

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