The state's retirement system ended the fiscal year with a record amount in its trust fund of about $29.4 billion, highlighted by a roughly $700 million bump in June.
The new preliminary numbers were presented to the investment committee of the Kansas Public Retirement System on Thursday.
The trust fund is now about $2.1 billion more than it was at this time in 2024 and $9.2 billion more than at the end of June 2020.
"The growth has just been very strong, phenomenal almost," said Alan Conroy, the executive director of the retirement system.
The system . . .
SSJ
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