Kansas Public Employees Retirement System

WichitaLiberty.TV: Blight, guns, testimony, and KPERS

WichitaLiberty.TV: Blight, guns, testimony, and KPERS

In this episode of WichitaLiberty.TV: Co-host Karl Peterjohn joins Bob Weeks to discuss the fight on blight and property rights, guns on campus, availability of testimony in the Kansas Legislature, and KPERS, our state’s retirement system. View below, or click here to view at YouTube. Episode 137, broadcast February 5, 2017. Shownotes Article: In Kansas, the war on blight continues Article: Availability of testimony in the Kansas Legislature Article: Again, KPERS shows why public pension reform is essential
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Again, KPERS shows why public pension reform is essential

Again, KPERS shows why public pension reform is essential

Proposals in the Kansas budget for fiscal year 2018 are more evidence of why defined-benefit pension plans are incompatible with the public sector. Kansas Governor Sam Brownback has proposed delays in funding KPERS, the Kansas Public Employees Retirement System. The delays are in both directions. The state intends to break a past promise to pay, and also to skip some future payments. A memo from KPERS summarizes recent history and the proposed changes: "Last fiscal year, the State delayed its fourth quarter payment for School employer contributions with a promise to pay it in Fiscal Year 2018 with interest. The…
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No one is stealing* from KPERS

No one is stealing* from KPERS

No one is stealing from KPERS, the Kansas Public Employees Retirement System. But there are related problems. You don't have to look for long on Facebook before you'll find comments like these regarding KPERS, the Kansas Public Employees Retirement System: "This is BS. Stupid Brownback robbed our pension plan; we have no real confidence that it will ever be paid back. Why don't we have some kind of safety measure in place to prevent governors like him from stealing from us?" "If the governor would keep his greedy hands off of the KPERS money that is there, we might not…
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State pension cronyism

State pension cronyism

A new report details the way state pension funds harm workers and taxpayers through cronyism. Updated to accurately reflect the time period of the targeted investments. American Legislative Exchange Council (ALEC) has released a report detailing the various ways state employee pension funds are harmed by cronyism. The report may be read at Keeping the Promise: Getting Politics Out of Pensions. The problem, ALEC reports, is: "Unfortunately, many lawmakers and pension plan officials have other priorities besides doing what is best for workers. They see the billions of pension fund dollars they manage as an opportunity to advance their own…
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Decoding Duane Goossen

Decoding Duane Goossen

The writing of Duane Goossen, a former Kansas budget director, requires decoding and explanation. This time, his vehicle is "Rise Up, Kansas." Duane Goossen was Kansas budget director from 1998 to 2010.[11. Goossen, Duane. Kansas Budget Blog. http://www.kansasbudget.com/.] He is critical of the administration of Kansas Governor Sam Brownback and recent sessions of the Kansas Legislature. It's useful to examine his writings so that Kansans may become aware of the ramifications of his recommendations, and how during his years as budget director he was unable to adhere to the principles he now advocates. Following, some language from his recent article…
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