Officials in Kansas and Missouri worry that a federal default could severely disrupt a variety of government services that could cause local layoffs, jettison retirement funds, restrict Medicaid access and more.
KPERS weighs cutting 7.75% anticipated rate of return due to poor market trends, but skeptical Senate GOP leaders urged trustees to make a case for change.
GREAT BEND TRIBUNE More
By allowing ads to appear on this site, you support the local businesses who, in turn, support great journalism. USD 355’s Jacobs named KPERS Board candidate Ben Jacobs
ELLINWOOD Ellinwood USD 355 superintendent Ben Jacobs has been selected as a candidate for the Kansas Public Employees Retirement System (KPERS) Board of Trustees. Ernie Claudel, retired educator and building administrator at USD 233 Olathe, is the other candidate for the trustee position which is a four-year term.
The KPERS board has nine trustees. The governor appoints four, legislative leaders appoint two, two are elected by retirement system members and one is the elected state treasurer.