Site Map Icon
RSS Feed icon
 
 
 
February 14, 2016
Weather Report
Labor Headlines

US labour news headlines from LabourStart

Welcome
KPERS Update

KCPR sent an update this afternoon about KPERS.

That update is attached below as Image1.jpg. The image is difficult to read so the below article has been uploaded. A more detailed article can be found using this link:

http://cjonline.com/news/2016-02-08/kansas-senate-panel-approves-budget-changes-kpers-ku-targeted

Contact your legislators.

Senate Budget Allows Kansas To Delay KPERS Payments

  5 HOURS AGO
A Kansas Senate committee has voted to let Gov. Sam Brownback delay making payments into the state pension plan.
 Republican Sen. Jim Denning says delaying state payments into the retirement fund could help Kansas manage a tight budget.We need to have some working capital to catch our breath, and this maneuver will give us that,” Denning says.
The proposal says the delayed payments should be paid back into KPERS, with interest, over the next two years.
Democratic Sen. Laura Kelly says the move looks like a loan being taken out of the retirement fund for state workers and teachers. 
I have never seen it being used essentially as a credit card, and that’s what we’re doing here,” Kelly says.Kelly is also concerned lawmakers may choose not to pay the money back into KPERS. The pension plan currently faces a long-term deficit, although lawmakers have reduced the shortfall in recent years.
The budget in the Kansas House also contains a provision allowing the governor to delay KPERS payments.

Download: image1.jpeg

What's New at IAFF 2542
Contact Elected Officials!
IAFF Local Newswire
 
Join the Newswire!
Updated: Feb. 14 (04:22)

Lake County Welcomes New Firefighters and Recognizes Outstanding Service
IAFF Local 3990
Easter Egg Scramble
IAFF Local 1565
Congrats to the newest medics at IFFD.
IAFF Local 1565
Group 4 Works Car Fire
Belmont Firefighters
7th Annual Dally Cup
Belmont Firefighters
Get Green Fest is Coming!!!
Fort Wayne Professional Firefighters
 
     
 
 
Olathe Firefighters IAFF Local 2542
Copyright © 2016, All Rights Reserved.
Powered By UnionActive™

61571 hits since Jun 05, 2007
Visit Unions-America.com!

Top of Page image