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Senate Committee Embraces Work-After-Retirement Bill
Measure raises earnings cap to $25,000, exempts elected officials
A Senate committee adopted legislation Monday to change rules for Kansas Public Employee Retirement System members who claimed retirement benefits while working for a government employer also aligned with the state pension system. The reform package would extend for one year provisions of current law on double-dipping by KPERS’ retirees who returned to public-sector work. The bill would set a foundation for implementation of new rules in July 2016. The intent is to trim incentive for participants in KPERS to retire as early as possible at age 55, with 30 years of service, and take a new full-time job covered by KPERS. Read more…
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