Letter: Legislators must make sure KPERS is funded through fiscal year, into future

A logo of the Kansas Public Employee Retirement System, or KPERS. (KPERS.org)

“Fund pensions”

Just last week, the state Legislature began digging Kansas out of the tax hole Gov. Sam Brownback forced our state into. Increasing tax revenue was a necessity after Brownback cut tax rates to among the lowest in the country, including his infamous “zero tax” on LLCs. While our schools and infrastructure crumbled, Brownback kept claiming that this issue was really “a spending problem,” which couldn’t be further than the truth.

Now the Legislature has a bigger task – making sure KPERS is funded this fiscal year and in the future. If Kansas does not fund pensions, we could end up like states like New Jersey and Illinois, who are facing huge unfunded liabilities – all because their state lawmakers haven’t made the proper pension payments over the years. We are better than that.

I urge the Legislature to take the next appropriate step – fund pensions, so we can avoid an even larger fiscal nightmare in our great state.

ROBERT CHOROMANSKI, Topeka

Kitty Persson 7 days ago
At zerohedge.com..."Illinois State Official:  We Are In Massive Crisis Mode.  This Is Not A False Alarm"
15 billion in overdue bills 
Their bonds are at risk of a downgrade to junk status
Road work in that state faces a shutdown if it can't get a budget by 1 July
State workers are still getting paid but it's courtesy of a court order
Etc etc etc...

So bad in that state that Powerball may boot them because winners' payments were held back until ordered by court and lack of a budget...now that's bad.

But the politicians don't want to do much about cutting spending...people will suffer, don't you know...
 

More

Sun, 06/25/2017 - 19:03

Letter: It’s time to discuss gun violence

“Time to discuss gun violence”

Read more
Sun, 06/25/2017 - 18:56

Letter: Promoting freedom and dignity

“Promoting freedom and dignity”

Read more

Around the Web