Yesterday, the Senate introduced their own bill, SB299, on working after retirement. A hearing on the bill was held this afternoon. There were no proponents for the bill, several opponents, and several providing neutral testimony. The chair noted all testimony from opponents and neutrals were similar and all oppose the bill. The Chair of the Senate committee indicated they would not work the bill until they meet on April 29.
The KACP, KSA, and KPOA presented testimony. Read the our testimony here.
The critical need for legislation on this topic is to extend a sunset provision to allow teachers to continue their current statutory working after retirement provisions. Both House and Senate bills extend the sunset for one year.
Both bills also set new working after retirement rules for KPERS retirees. Both exclude KP&F retirees. Both require a form of "unretirement" if the retiree goes back to work in a KPERS position which ends the payment of retirement benefits until the retiree ends employment in the KPERS position. Then the benefits start again. The difference is in the House version the employee becomes a member of KPERS Tier III and earns additional retirement credits in that plan. In the Senate plan the benefits that would have been paid are set aside in a "notional" account and is paid out lump sum when after retirement employment ends.