KPERS Archives - Kansas Policy Institute

Truth in Accounting Highlights Uncomfortable Truths About Kansas Pensions 0
- Featured
- October 18, 2021
Truth in Accounting’s Financial State of the States for 2021 ranks Kansas 27th in fiscal health nationwide with an overall grade of a D. This rank is due to the state’s $7,500 burden per taxpayer to pay off its $6.7 billion in debt, including unfunded retirement benefit and pension plans. The state has “only set
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$Reversing years of Kansas fiscal mismanagement$
Reversing years of Kansas fiscal mismanagement 0
- Tax & Spending
- November 9, 2020
It is needed now more than ever for the Kansas government to adjust its budget like many Kansas families and businesses are doing today. Kansans painfully adapted to life during the pandemic, but governments around the state have done little to no belt-tightening. With the state 2020 election behind us, Kansans must acknowledge that the
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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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