TITLE

KPERS Studies Raising Age

AUTHOR(S)
Watts, Jim
PUB. DATE
August 2006
SOURCE
Bond Buyer;8/1/2006, Vol. 358 Issue 32435, p33
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the Kansas Public Employees Retirement System (KPERS) is considering a proposal that forbids public workers from retiring with full benefits until age 65. At present, KPERS members can retire at 55 with 30 years of service. According to Glenn Deck, executive director of KPERs, the proposal would be a cost-savings measure because retirees are living longer and drawing more deferred benefits.
ACCESSION #
21888547

 

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