pensions

The Missouri State Employees Retirement Fund reversed its previous decision to reject a divestment proposal from Treasurer Vivek Malek. One of the four legislators on the board accused Malek of playing politics with state investments to boost his 2024 election chances.

Missouri State Treasurer Vivek Malek called on the State Employees Retirement System to sell off its investments in Chinese stocks and other securities as punishment for COVID-19, spy balloons and the fentanyl crisis.

Many pension-holding public employees in Kansas haven't seen cost-of-living adjustments in decades. Without lawmakers' support, years of higher inflation mean many retirees are seeing the value of their payments vanish. Plus: Climate change is making farming riskier and crop insurance more expensive.

Thousands of retired public employees in Kansas have never seen an increase to their pension pay, and inflation is eating away the value of those payments. Advocates argue the Legislature owes them a boost.

The bipartisan bill, exempting Social Security benefits and public pension payments from income tax, would reduce state general revenue by an estimated $309 million annually.

TOPEKA, Kansas — Kansas lawmakers passed an important milestone this week: the midpoint deadline called “turnaround.”In simple terms, it means most bills…

Republicans in the Kansas Legislature handed Democratic Gov. Laura Kelly her first defeat this week.On Valentine’s Day, no less.They soundly rejected her…

In her first budget as governor, Democrat Laura Kelly aims to inject cash into what she calls critical state services.The proposal unveiled Thursday also…

Kansas lawmakers voted to inject money into state services, pensions and higher education just hours before debating legislation to send millions of…

Missouri has slipped another spot in a national ranking of teacher pay.“Missouri teachers are earning even less compared to national average as they did…

Everyone knew what the judge was going to do Thursday in an 8th floor federal courtroom in downtown Kansas City when former St. Joseph School District…

At his annual State of the State address on Wednesday night, Kansas Governor Sam Brownback advocated a plan to cut taxes for roughly 1.6 million Kansans.…