KPERS Archives - Kansas Policy Institute

Educators top KPERS ‘millionaires’ list, system badly underfunded 0
- Tax & Spending
- June 15, 2020
Information provided by the Kansas Public Employees Retirement System (KPERS) shows school officials top the list of KPERS ‘millionaires’ — people who will collect at least $1 million in pension benefits during their first 20 years of retirement. But while government retirees are collecting generous pensions at taxpayers’ expense, the system’s unfunded liabilities are nearly
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Gov. Kelly’s 2020 budget: Five things you should know 0
- Tax & Spending
- January 20, 2020
Governor Kelly had an opportunity to exhibit fiscal restraint when presenting her budget last week. With state tax revenues coming in higher than expected – partly because of recent record tax hikes – the Kelly Administration missed a chance to build a structurally-balanced budget. Instead, this budget breaks a new record in spending for the
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Over 2,500 KPERS ‘millionaires’ and $1.7 billion in pension payments published 0
- Tax & Spending
- July 5, 2019
An Open Records request fulfilled by the Kansas Public Employees Retirement System (KPERS) shows record-setting payouts in 2018 of $1.7 billion. The number of KPERS ‘millionaires’ also set a new record, with 2,522 government retirees expected to receive more than $1 million in pension benefits over the first 20 years of retirement; that’s 188 more
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2019 Legislator’s Budget Guide 0
- Tax & Spending
- November 28, 2018
You can’t be for big government, big taxes, and big bureaucracy and still be for the little guy. President Ronald Reagan President Reagan understood the best way government can help people is by providing better service at an affordable cost to the taxpayer. Nearly 30 years later, the Kansas Policy Institute found Kansans still hold
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Politicians are ignoring a $3.7 billion revenue shortfall 0
- Tax & Spending
- September 17, 2018
“The first lesson of economics is scarcity: There is never enough of anything to satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics.” — Thomas Sowell Media and politicians were notified more than a month ago that the massive school funding increase has created a $3.7
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KPERS pension distribution creates 327 new ‘millionaires’0
- Tax & Spending
- May 12, 2018
An Open Records request fulfilled by the Kansas Public Employees Retirement System (KPERS) shows record-setting payouts in 2017 of $1.64 billion. The number of KPERS ‘millionaires’ also set a new record, with 2,334 government retirees expected to receive more than $1 million in pension benefits over the first 20 years of retirement; that’s 327 more
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