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KS HB2500
Bill
Status
1/21/2026
Primary Sponsor
Financial Institutions and Pensions
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AI Summary
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Creates a 13-member Kansas Public Employees Retirement System Cost-of-Living Adjustment Commission with 2 nonvoting ex officio members (KPERS executive director and state treasurer) to recommend annual COLA rates for retirees
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Commission members appointed by the governor, legislative leaders, and KPERS board of trustees, with representatives from police/fire, correctional officers, judges, state employees, school district employees, and local government employees
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Requires the commission to conduct a comprehensive study including at least one day of public hearings and submit COLA rate recommendations to the legislature by December 1, 2026, for a four-year period beginning January 1, 2028
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Legislature must pass legislation within 30 days of session start to approve the recommended rate; if no action is taken, legislature may adopt a concurrent resolution requiring the commission to reconvene and submit a new rate
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New commission members appointed every four years starting in 2029, with chairperson and vice chairperson positions alternating between speaker and senate president appointments
Legislative Description
Creating the Kansas public employees retirement system cost-of-living adjustment commission, prescribing powers and duties of the commission and establishing procedures of the legislature relating to the annual cost-of-living adjustment rate recommended by the commission.
Last Action
House Referred to Committee on Financial Institutions and Pensions
1/21/2026