TOPEKA, Kan. (AP) Negotiators for the Kansas House and Senate have settled some key issues on pensions legislation but they’re still haggling over the details of a new retirement plan for future public employees.
Three senators and three House members met Tuesday to work on the final version of a pensions bill.
They agreed on using some revenues from state-owned casinos to bolster the long-term health of the state pension system. And House members dropped a proposal to create a new, voluntary 401(k)-style plan for new hires.
But they haven’t agreed on details of new plan for public employees hired after 2014. It would move away from guaranteeing benefits based on a worker’s salary and years of service, but it doesn’t go as far as a 401(k)-style plan.
