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KS SB435
Bill
Status
2/12/2026
Primary Sponsor
Financial Institutions and Insurance
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AI Summary
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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
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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
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Repeals K.S.A. 74-4915b and 74-4915c, which contained working after retirement provisions for state and local elected officials
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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
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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