$115 MILLION IN MISSED KPERS PAYMENTS

KANSAS SENATOR RICHARD HILDERBRAND COSPONSORS SB 9

TO REPAY $115 MILLION IN MISSED KPERS PAYMENTS

GALENA- Senator Richard Hilderbrand (R-Galena) co-sponsors SB 9 to repay $115 million in missed KPERS payments.

When someone goes to work for the state of Kansas, they have no choice but to pay into the Kansas Public Employee Retirement System. When things are tough at home and their budgets are tight, they still have to pay into this program. When things got tough for the state and the budgets did not balance, the state skipped paying into this program.

With the state expected to have an ending budget balance of $900 million at the end of this fiscal year, due in part to a $115 million missed KPERS payment. It is time for the state of Kansas to be fiscally responsible and repay our debts, especially when it comes to our hard working employees.

That is why I am proud to co-sponsor SB 9, that was pre-filed yesterday to repay the $115 million payment that was skipped in 2018.”

http://www.kslegislature.org/li/b2019_20/measures/documents/sb9_00_0000.pdf

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