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SB 282

Kansas Senate bill in Session 2025-2026.

Status: in_committee. Latest action: March 5, 2025.

SB282 - Enacting the Kansas retirement investment and savings plan (KRISP) act and establishing terms, conditions, requirements, membership elections, accounts, benefits, contributions and distributions related to such plan.

Bill ID KS-2025-2026-SB-282
Session 2025-2026
Status in_committee
Committee Financial Institutions and Insurance
Senate in_committee 2025-03-05
Elections / Voting Labor / Employment
Summary

AN ACT concerning retirement and pensions; relating to the Kansas public employees retirement system; enacting the Kansas retirement investment and savings plan act; establishing terms, conditions and requirements related thereto; providing for the plan document, membership elections, benefits, contributions, distributions and prospective plan changes by the legislature; authorizing an employer contribution rate to amortize the actuarial costs of the defined benefit plan; directing the pooled money investment board to loan moneys to provide startup and related administrative costs of the plan upon approval of the state finance council; creating the Kansas public employees retirement system defined contribution fund; amending K.S.A. 2024 Supp. 74-4920 and repealing the existing section.

Sponsor
Committee on Assessment
Official Source Back to Bills
Actions Timeline
Date Event Detail
2025-02-28 Introduced Bill introduced
2025-03-05 Status in_committee
2025-03-05 Latest Action Hearing: Thursday, March 13, 2025, 9:30 AM Room 546-S
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