Enacting the Kansas retirement investment and savings plan (KRISP) act and establishing terms, conditions, requirements, membership elections, accounts, benefits, contributions and distributions related to such plan.

Also relevant to:Senior (65+, Medicare/SS)

Where it is in the process

Plain-English Summary

This bill establishes the Kansas Retirement Investment and Savings Plan (KRISP) for public employees hired on or after July 1, 2027. The plan will offer a defined contribution retirement plan, including options for deferred compensation and Roth contributions. It also allows certain existing employees to elect to join the new plan, which will affect their future retirement benefits and contributions.

No official summary on file for this bill · generated by Gemini 2.5 Flash from its full text

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