KPERS reports steady funding progress; trustees, staff flag salary growth and deferred 2022 market losses KPERS staff told the House Financial Institutions and Pensions Committee that the system's 2024 actuarial valuation showed modest improvement in funded status but flagged higher-than-expected public-sector wages and deferred investment losses from a late‑2022 market downturn.

KPERS is showing promising funding progress, but watch out for the impact of deferred market losses and rising public-sector wages!

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#KS #PublicFinance #CitizenPortal #InvestmentReturns #KansasPensions #CivicAccountability

House withdraws HB 2086, agrees to Senate Bill 64 during conference committee House retracts HB 2086 offer and supports Senate Bill 64 at conference committee.

Kansas lawmakers are reshaping the future of pensions by withdrawing House Bill 2086 and supporting Senate Bill 64—what does this mean for your financial security?

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#KS #LegislativeCollaboration #CommunitySustainability #CitizenPortal #KansasPensions #FinancialReform