Division of the Budget
Landon State Office Building                                                                        Phone: (785) 296-2436
900 SW Jackson Street, Room 504                                                                     larry.campbell@ks.gov
Topeka, KS 66612                               Division of the Budget                              http://budget.kansas.gov
Larry L. Campbell, Director                                                                       Laura Kelly, Governor
                                                  March 11, 2019
         The Honorable Robert Olson, Chairperson
         Senate Committee on Financial Institutions and Insurance
         Statehouse, Room 236-E
         Topeka, Kansas 66612
         Dear Senator Olson:
                   SUBJECT:       Fiscal Note for SB 202 by Senate Committee on Ways and Means
                 In accordance with KSA 75-3715a, the following fiscal note concerning SB 202 is
         respectfully submitted to your committee.
                 SB 202 would amend Kansas Public Employee Retirement System (KPERS) working after
         retirement rules. Under current law, if it is determined that a retiree had a prearranged agreement
         with an employer prior to the retiree’s retirement and before the 60-day or 180-day waiting period,
         the retiree’s benefits would be suspended for six months. SB 202 would remove the six-month
         suspension of benefits for members who retire on and after January 1, 2018.
                 KPERS estimates the bill would have no actuarial effect on the retirement system. KPERS
         notes the rule change would apply to a very small number of retirees. KPERS also estimates the
         bill would have a negligible fiscal effect on agency administrative expenses and could be handled
         within existing resources.
                                                              Sincerely,
                                                              Larry L. Campbell
                                                              Director of the Budget
         cc: Jarod Waltner, KPERS
Statutes affected: As introduced: 74-4914