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Bill > SB435
KS SB435
KS SB435Authorizing the KPERS board of trustees to elect the vice chairperson of the board, requiring newly affiliated KP&F employers to contribute at the actuarial required rate for past and future service and repealing certain working after retirement statutes for state and local elected officials.
summary
Introduced
02/02/2026
02/02/2026
In Committee
02/12/2026
02/12/2026
Crossed Over
02/12/2026
02/12/2026
Passed
Dead
Introduced Session
Potential new amendment
2025-2026 Regular Session
Bill Summary
AN ACT concerning retirement and pensions; relating to the Kansas public employees retirement system and systems thereunder; authorizing the board of trustees to elect the vice chairperson of the board; requiring newly affiliated employers of the Kansas police and firemen's retirement system to contribute at the actuarial required rate for past and future service; repealing certain working after retirement statutes for state and local elected officials; amending K.S.A. 74-4967 and K.S.A. 2025 Supp. 74-4905 and repealing the existing sections; also repealing K.S.A. 74-4915b and 74-4915c.
AI Summary
This bill makes several changes to the Kansas Public Employees Retirement System (KPERS) and the Kansas Police and Firemen's Retirement System (KP&F). First, it allows the KPERS board of trustees to elect its vice chairperson from among its members, rather than appointing one. Second, it requires any employers newly joining the KP&F system to contribute at the rate determined by actuarial valuations to cover both past and future service costs. Finally, it repeals certain statutes that allowed state and local elected officials to continue working after retirement without impacting their pension benefits. These changes aim to streamline board operations, ensure adequate funding for the KP&F system, and adjust rules regarding working after retirement for elected officials.
Committee Categories
Business and Industry, Labor and Employment
Sponsors (0)
No sponsors listed
Other Sponsors (1)
Financial Institutions and Insurance (Senate)
Last Action
House Referred to Committee on Financial Institutions and Pensions (on 02/12/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://kslegislature.gov/li/b2025_26/measures/sb435/ |
| Senate Committee on Financial Institutions and Insurance Report | https://kslegislature.gov/li/b2025_26/measures/documents/cr_2026_sb435_s_3507.pdf |
| Analysis - Supplemental Note: As introduced | https://kslegislature.gov/li/b2025_26/measures/documents/supp_note_sb435_00_0000.pdf |
| Fiscal Note - Ficsal Note: As introduced | https://kslegislature.gov/li/b2025_26/measures/documents/fisc_note_sb435_00_0000.pdf |
| BillText | https://kslegislature.gov/li/b2025_26/measures/documents/sb435_00_0000.pdf |
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