74-49,132. KPERS study commission. (a) There is hereby established the KPERS study commission. The commission shall study and analyze the current KPERS retirement system and systems related thereto, and develop a viable plan to ensure the long-term sustainability of the system. The commission shall particularly study and review the advantages and disadvantages of implementing a defined benefit, defined contribution or hybrid defined benefit/defined contribution retirement benefit plan, or other plan options.

(b) (1) The KPERS study commission shall consist of 13 voting members. The 13 members shall be appointed as follows: (A) Four members of the legislature appointed as follows: One shall be appointed by the president of senate, one shall be appointed by the minority leader of the senate, one shall be appointed by the speaker of the house of representatives and one shall be appointed by the minority leader of the house of representatives;

(B) four at-large members appointed as follows: One shall be appointed by the president of the senate, one appointed by the minority leader of the senate, one appointed by the speaker of the house of representatives and one appointed by the minority leader of the house of representatives; and

(C) five members appointed by the governor, one of such members shall have been regularly admitted to practice law in the state of Kansas and have engaged in the active practice of law as a lawyer.

(2) The executive director of the Kansas public employees retirement system, the director of the budget, the revisor of statutes and the director of legislative research shall be non-voting, ex officio members of the commission.

(c) The commission shall elect from among its voting members a chairperson. Any vacancy in the membership of the commission shall be filled by appointment in the manner prescribed by this section for the original appointment.

(d) A quorum of the commission shall be six members. All actions of the commission shall be taken by a majority of all members of the commission.

(e) Members of the commission shall receive expenses, mileage and subsistence as provided in subsection (e) of K.S.A. 75-3223, and amendments thereto.

(f) The staff of the office of revisor of statutes, the Kansas legislative research department and other central legislative staff service agencies shall provide such assistance as may be requested by the commission.

(g) The commission shall submit a report to the legislature and the joint committee on pensions, investment and benefits before January 6, 2012, with any findings and recommendations which the commission deems necessary including the recommendation of any legislation. To carry out the recommendations of the commission, one bill shall be introduced in the senate and one bill shall be introduced in the house of representatives, which such bills shall contain the exact same provisions, during the 2012 legislative session.

History: L. 2011, ch. 98, § 9; July 1.