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Minutes for SB435 - Committee on Financial Institutions and Insurance
Short Title
Authorizing the KPERS board of trustees to elect the vice chairperson of the board, requiring newly affiliated KP&F employers to contribute at the actuarial required rate for past and future service and repealing certain working after retirement statutes for state and local elected officials.
Minutes Content for Tue, Feb 3, 2026
The hearing on SB435 was opened by Chairperson Dietrich. Revisor Eileen Ma gave an overview of the bill. (Attachment 4)
Alan Conroy of KPERS spoke in favor of the bill. (Attachment 5) He shared that this bill makes technical and clarifying updates to statute. It allows the KPERS Board to elect the Vice-Chair rather than being appointed by the Chair. It fixes an outdated actuarial rate for the Kansas Police and Fire system and repeals redundant sections of statutes.
Chairperson Dietrich closed the hearing on SB435.
