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KS SB435

Bill

Status

Engrossed

2/12/2026

Primary Sponsor

Financial Institutions and Insurance

Click for details

Origin

Senate

2025-2026 Regular Session

AI Summary

  • Board of trustees for Kansas Public Employees Retirement System (KPERS) will elect the vice chairperson rather than having the position appointed, following the election of the chairperson

  • Newly affiliated employers joining the Kansas Police and Firemen's Retirement System (KP&F) must contribute at the actuarially required rate to cover both past and future service obligations, eliminating the previous 16% flat rate for the first year

  • Repeals K.S.A. 74-4915b and 74-4915c, which contained working after retirement provisions for state and local elected officials

  • Employer contributions and deductions must be remitted quarterly within 20 days after the period ends, with delinquent payments subject to interest at the rate established for judgments

  • Act takes effect upon publication in the Kansas Register rather than in the statute book

Legislative Description

Authorizing 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.

Last Action

House Motion to accede adopted; Representative Hoheisel, Representative Stiens and Representative Xu appointed as conferees

3/16/2026

Committee Referrals

Financial Institutions and Pensions2/12/2026
Financial Institutions and Insurance2/3/2026

Full Bill Text

No bill text available