TOPEKA, Kan. — A proposal to start a new 401(k)-style pension plan for new Kansas teachers and government workers and a competing plan to boost the benefits of public retirees failed Monday to clear a committee in the state House.
The House Pensions and Benefits Committee’s voice votes on the measure suggested that many lawmakers aren’t enthusiastic about major changes to policies they’ve enacted in recent years to improve the long-term financial health of the Kansas Public Employees Retirement System.
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