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Minutes for SB200 - Committee on Financial Institutions and Insurance

Short Title

Increasing retirement benefit cap and decreasing employee contribution rate for members of the Kansas Police and Firemen's Retirement System in certain circumstances.

Minutes Content for Wed, Feb 12, 2020

Chairman Olson opened the informational hearing on the bill and called upon David Wiese for a Revisor of Statutes overview of the bill.

Chairman Olson called upon Alan Conroy for neutral testimony on the bill from the perspective of the KPERS fund. Mr. Conroy explained three changes the bill makes to the Kansas Police and Fireman's Retirement System.(Attachment 1)

 

Seeing no further testimony or committee questions, Chairman Olson closed the hearing informational hearing on the bill.