Bill > HB2086

This bill modifies the Kansas Public Employees Retirement System (KPERS) 3 dividend interest credit calculation by making two key changes: lowering the investment return threshold from 6% to 5%, and increasing the dividend share from 75% to 80% for calendar year 2024 and subsequent years. Specifically, the bill adjusts how additional interest credits are calculated for members' annuity savings and retirement annuity accounts, allowing members to receive a larger percentage of the system's investment returns above the new 5% threshold. The changes apply to the annual additional interest credit that is posted to members' accounts on March 31 each year, based on the account value as of the previous December 31. This modification means that when the KPERS investment returns exceed 5%, members will now receive 80% (up from 75%) of the returns above that threshold, potentially providing slightly higher interest credits to participants in the retirement system. The bill will take effect upon publication in the statute book.

Business and Industry, Labor and Employment

Financial Institutions and Pensions (H)

https://kslegislature.gov/li/b2025_26/measures/hb2086/