Expanding the deferred retirement option program (DROP) membership to all KPERS members.
Authorizing a self-funded cost-of-living adjustment retirement benefit option for certain KPERS members.
Providing membership in the KP&F retirement system for certain security officers of the department of corrections and allowing certain service credit purchases of previous KPERS security officer service for purposes of KP&F retirement benefits.
Increasing the KPERS retirement benefit multiplier for members who are security officers of the department of corrections.
Providing membership affiliation in the Kansas police and firemen's retirement system for certain law enforcement officers and employees of the Kansas department of wildlife and parks, expanding deferred retirement option program (DROP) membership to all Kansas police and firemen's retirement system members and extending the expiration date on DROP.
Concerning the salaries of the governor, lieutenant governor, attorney general, secretary of state, state treasurer, commissioner of insurance, justices of the supreme court, judges of the court of appeals and members of the governor's cabinet; establishing the rate of pay for such state officers based on the annual rate of pay for members of congress, as adjusted by the specific provisions of this act; and providing that all such rates of pay are subject to appropriations.
House Substitute for SB 229 by Committee on Legislative Modernization - Creating the legislative compensation commission, prescribing powers and duties of the commission and the legislature, establishing the rate of pay for statewide elected officials based on the salary for members of Congress and establishing the rate of pay for judges and justices based on the salary for district judges of the United States.
Enacting the countries of concern divestment act, increasing the statutory alternative investment percentage limitation for the KPERS trust fund, increasing the amount of KPERS retirant compensation subject to the statutory employer contribution rate to the first $40,000 earned in a calendar year, providing a KPERS working after retirement exemption for retirants employed by a community developmental disability organization or a community service provider in a licensed professional nurse, licensed practical nurse or direct support position and increasing the working after retirement earnings limit for members of the Kansas police and firemen's retirement system.
Increasing the daily rate of compensation and eliminating the annualization of compensation in determining KPERS benefits and contributions for legislators first serving on or after January 13, 2025, and providing a compensation and KPERS benefits election for legislators with service prior to January 13, 2025.
Terminating the KPERS 3 cash balance plan and transferring the members of such plan to the KPERS 2 plan.