By Ganon Evans, includes “… The COVID-19 pandemic is a perfect example of how an uncertain future could derail healthy pension payments. Methods to prepare for these uncertainties in future pension plans include stress testing at the state level and cost-sharing plans between employers and employees. … Crises, by nature, are unpredictable. But what the government can do is be prepared to respond while not jeopardizing the fiscal health of Kansans. With surplus cash, the state should consider completing its obligations by helping to resolve its pension debt now and in the future.”
Read the full article on: Kansas Policy Institute