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KS HB2006

KS HB2006
Providing membership in the KP&F retirement system for certain security officers of the department of corrections and allowing certain service credit purchases of previous KPERS security officer service for purposes of KP&F retirement benefits.


summary

Introduced
01/13/2025
In Committee
01/14/2025
Crossed Over
Passed
Dead
04/11/2026

Introduced Session

2025-2026 Regular Session

Bill Summary

AN ACT concerning retirement and pensions; relating to the Kansas public employees retirement system and systems thereunder; affiliation and membership of certain security officers of the department of corrections in the Kansas police and firemen's retirement system; providing for employee and employer contributions; authorizing certain participating service credit purchases of previous KPERS security officer participating service for purposes of KP&F retirement benefits.

AI Summary

This bill provides a mechanism for security officers at the Kansas Department of Corrections to become members of the Kansas Police and Firemen's Retirement System (KP&F) starting July 1, 2025. Currently employed security officers will automatically become members of the KP&F system when the department affiliates, and new security officers hired after that date will be required to join the system. The bill establishes that these security officers will contribute 7.15% of their compensation to the retirement system, and provides two options for purchasing previous service credit from their time in the Kansas Public Employees Retirement System (KPERS): they can either make incremental additional contributions based on their age and actuarial calculations, or they can make a single lump-sum payment calculated using their current salary, actuarial assumptions, and age. The department of corrections will be responsible for applying for affiliation with the KP&F system, and the state budget will need to include funding to cover the employer's retirement system obligations. The bill aims to provide these security officers with a retirement system more aligned with their law enforcement role, allowing them to potentially receive enhanced retirement benefits based on their years of service.

Committee Categories

Labor and Employment

Sponsors (5)

Last Action

House Referred to Committee on Financial Institutions and Pensions (on 01/14/2025)

bill text


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