A Dodge City school board member has been appointed to a 13-member KPERS study commission. Brian Winter operates Winter Livestock Company.
The Kansas Public Employees Retirement System faces a long-term 8 billion dollar shortfall. In naming his four appointees Monday, Governor Sam Brownback also reiterated his desire to move toward a 401(k)-style plan for all new state employees and added that he will make that a top priority of his administration when the Legislature meets next year. In addition to Winters, Brownback appointed Edward Condon, Leawood; Christopher Long, Mission Hills; Paul Seyferth, Fairview; and Richard Stumpf, Wichita, to the commission.
KPERS, which provides pensions for teachers and public employees, projects a $7.7 billion long-term shortfall between revenues and promised benefits. More than 130,000 teachers and government workers currently are paying into the system.