KPERS

VIDEO: KPERS payments and Kansas schools

VIDEO: KPERS payments and Kansas schools

There is a claim that a recent change in the handling of KPERS payments falsely inflates school spending. The Kansas State Department of Education says otherwise. View below, or click here to view at YouTube. Click here for more about this topic.
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Kansas government ‘hollowed-out’

Kansas government ‘hollowed-out’

Is Kansas government "hollowed-out" even though spending is rising? In the Wichita Eagle, Burdett Loomis writes: "In 2011, Gov. Sam Brownback and a far-right Kansas House of Representatives began to hollow out state government, all in the name of smaller, more efficient, more private administration."[1. Loomis, Burdett. Kansas is becoming a hollowed-out state. Wichita Eagle, July 9, 2016. Available at www.kansas.com/opinion/opn-columns-blogs/article88555862.html.] Loomis doesn't define what he means by "hollow out" but the measure of the size of government is spending. Not taxation, but spending, because if government spends without taxing by the same amount, someone has to pay, eventually. Or,…
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KPERS payments and Kansas schools

KPERS payments and Kansas schools

There is a claim that a recent change in the handling of KPERS payments falsely inflates school spending. The Kansas State Department of Education says otherwise. A member of the Kansas State Board of Education has written an article that has received widespread attention. But the member, Jim Porter, is wrong on several accounts. In his article, Porter stated that a recent change in the handling of Kansas Public Employees Retirement System (KPERS) contributions falsely inflates school spending.[1. "Deception #2 – Until recently the state contribution to the Kansas Public Employees Retirement System (KPERS) was sent directly to KPERS. Now…
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Under Goossen, Left’s favorite expert, Kansas was admonished by Securities and Exchange Commission

Under Goossen, Left’s favorite expert, Kansas was admonished by Securities and Exchange Commission

The State of Kansas was ordered to take remedial action to correct material omissions in the state's financial statements prepared under the leadership of Duane Goossen. During the administration of Governor Mark Parkinson, the State of Kansas issued eight series of bonds raising $273 million. Regarding these, the U.S. Securities and Exchange Commission has determined that the state failed to adequately inform investors of significant, material, negative information. In a nutshell, according to the SEC: The Kansas Public Employee Retirement System (KPERS) was in terrible financial condition compared to other states, and Kansas did not adequately disclose that to potential…
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Lawrence school funding and employment

Lawrence school funding and employment

A Kansas school board president complains about funding, but the district has been able to grow employment faster than enrollment. A newspaper article features the Lawrence school board president complaining about school funding. (Advocates rally for school funding amid competing claims about cuts, March 14 Lawrence Journal World) There are competing claims. Some look at total spending. Others, as noted in the article, say analysis of spending must be nuanced by consideration of "special education, retirement fund contributions and aid for special budget funds such as bond and interest funds and capital outlay." The same article also notes: "But because…
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In Kansas, teachers unions should stand for retention

In Kansas, teachers unions should stand for retention

A bill requiring teachers unions to stand for retention elections each year would be good for teachers, students, and taxpayers. The bill is SB 469, titled "Recertification of professional employees' organizations under the professional negotiations act." It would require that the Kansas Department of Labor hold an election each year in each school district regarding whether the current representation should continue. These elections, in effect, would be referendums on the teachers union, by the teachers. (Update: The bill has been revised to call for elections every third year.) That's a good thing. The teachers union monopoly ought to stand for…
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Kansas transportation bonds economics worse than told

Kansas transportation bonds economics worse than told

The economic details of a semi-secret sale of bonds by the State of Kansas are worse than what's been reported. The late realization last year that the Kansas Department of Transportation had issued $400 million in long-term bonds -- largely under the radar -- has been met with appropriate levels of indignation by some editorial writers. An example is Dr. Edward Flentje who wrote: Right-wing Republican lawmakers have operated under the radar to suspend all statutory limits on highway debt, and that unprecedented authority was recently used to issue record-breaking levels of long-term debt to pay for their reckless income…
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This is why we must eliminate defined-benefit public pensions

This is why we must eliminate defined-benefit public pensions

Actions considered by the Kansas Legislature demonstrate -- again -- that governments are not capable of managing defined-benefit pension plans. The Kansas Legislature is considering a bill that will allow Governor Sam Brownback to defer making payments to KPERS, the state's defined-benefit pension system for public employees. The deferred payments would be made up in future years, although there is really no mechanism to enforce this. Also, the bill considers eliminating the requirement that when the state sells surplus property, that 80 percent must be used to reduce the unfunded actuarial pension liability of KPERS. There is also a moratorium…
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