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Minutes for HB2619 - Committee on Financial Institutions and Pensions

Short Title

Adjusting the frequency of the KPERS actuarial experience study.

Minutes Content for Wed, Feb 19, 2020

Chair Kelly opened the hearing on HB 2619, recognized David Wiese, Assistant Revisor of Statutes, who briefed the committee on HB 2619(Attachment1) No questions presented by committee members.

Informational - Chair Kelly recognized Alan D. Conroy, Executive Director, KPERS, who provided information to the committee regarding HB 2619(Attachment2) A question and answer period followed.  Then, Reed Holwenger, Kansas Legislative Research Department, provided some related statistical information. (Attachment3)  A question and answer period followed.

Proponents - Chair Kelly recognized Ernie Claudel, Kansas Association of Retired School Personnel and Kansas Coalition of Public Retirees, who presented information in support of HB 2619. (Attachment4)  A brief question and answer period followed.

Neutral - None

Opponents - None

Chair Kelly closed the hearing on HB 2619.