Creating the Kansas public employees retirement system cost-of-living adjustment commission, prescribing powers and duties of the commission and establishing procedures of the legislature relating to the annual cost-of-living adjustment rate recommended by the commission.

Summary

The bill establishes the Kansas Public Employees Retirement System Cost‑of‑Living Adjustment Commission, which will conduct a study of retirement benefits and propose an annual COLA rate for current and future retirees. It sets out the commission’s composition, appointment process, meeting rules, and the legislative steps needed to adopt the recommended rate. The measure did not pass and died in committee.

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