State closer to using casinos for KPERS

Kansas legislators moved closer Monday to dedicating revenues from state-owned casinos to pensions for teachers and government workers as part of a broader bill bolstering the long-term financial health of the state’s retirement system.

Senators agreed during talks with House members to include a proposal in legislation overhauling the Kansas Public Employees Retirement System. Three senators and three House members are now negotiating over how much casino revenue should be set aside.

The idea has bipartisan support and the backing of Republican Gov. Sam Brownback. The House added a provision to pensions legislation before approving it in March, but the Senate didn’t debate the idea before passing its version of the retirement system bill earlier this month.