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Bill

Bill

HB 2380

Increasing compensation for Washington paraeducators.

2023-2024 Regular Session Introduced by Mike Chapman and 15 co-sponsors

Gives KPERS retirees aged 85+ on July 1, 2025 a $150 monthly COLA beginning after June 30, 2025 (ongoing; about 14,600 beneficiaries).

First reading, referred to Appropriations.
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Bill Summary · HB 2380

HB 2380 — Postretirement COLA for KPERS retirants age 85+ (Introduced Feb 4, 2025)

Main purpose

Provide a one-time, ongoing postretirement cost-of-living adjustment (COLA) for Kansas public retirement system recipients who are age 85 or older as of July 1, 2025.

Key provisions

  • Increases monthly retirement benefit/pension/annuity payments accruing after June 30, 2025.
  • Eligibility: any retirant who is 85 years of age or older on July 1, 2025, and who is receiving a retirement benefit, pension or annuity from a covered retirement system on that date.
  • Amount: a flat $150 per month added to each eligible retirant’s retirement benefit (based on the payment in effect on July 1, 2025).
  • Definitions:
    • “Retirant” includes members and special members under K.S.A. 74‑4901 et seq., and joint annuitants or beneficiaries of those members.
    • “Retirement system” includes the Kansas Public Employees Retirement System (KPERS) State/School Group, Kansas Police & Firemen’s (KP&F) Group, State School Retirement System, and Judges’ retirement system.
  • Statutory placement: the provision is supplemental to K.S.A. 74‑4901 et seq.
  • Effective: statute takes effect upon publication in the Kansas Statute Book; the COLA applies to benefits in effect July 1, 2025.

Who is affected

  • KPERS retirees and beneficiaries aged 85+ as of July 1, 2025.
  • KPERS estimate: 14,617 total retirees/beneficiaries would receive the COLA.
    • State groups (State/School, KP&F, Judges): ~11,250 retirees affected.
    • Local employers’ KPERS groups: ~3,367 retirees affected.

Fiscal impact (from Kansas Division of the Budget / KPERS actuary; Fiscal Note dated Mar 3, 2025)

  • Total present‑value cost: ~$74.7 million
    • State/School Group: ~$73.7 million
    • State KP&F Group: ~$0.5 million
    • Judges Group: ~$0.5 million
  • If the Legislature appropriates the full cost as a lump‑sum from the State General Fund during the 2025 session: no ongoing employer cost.
  • If not appropriated up front: cost amortized over 5 years through increased employer contribution rates (beginning FY2026). First‑year FY2026 employer contribution increases (all funds) estimated at ~$16.7 million, of which ~$14.2 million is estimated to come from the State General Fund (Division assumes ~85% SGF share).
  • Local employers estimated total cost: ~$19.2 million (amortized over 5 years); increases in local employer rates would begin calendar year 2026. Amortization ends in FY2031.
  • Administrative implementation: KPERS can implement system changes with existing staff; no additional administrative appropriation expected.

Timeline & procedural status

  • Introduced: February 4, 2025.
  • Earliest effective application of the COLA: benefits in effect on July 1, 2025 for persons age 85+ on that date.
  • Status (as provided): Referred to Committee on Taxation. (Fiscal Note dated March 3, 2025.)

If you want, I can produce a short one‑page briefing or a table comparing the lump‑sum appropriation vs. amortization funding paths and their budgetary implications.

Compiled from official sources — confirm details with the bill’s official record.

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