Quantcast

Sunflower State News

Saturday, November 23, 2024

Earnings on Kansas' public pension investments increase to $563,471 in 2022

Webp mszmsv1iwp8pcz0ptyqx9cba8c3p

Kansas Governor Laura Kelly | governor.kansas.gov/governor/

Kansas Governor Laura Kelly | governor.kansas.gov/governor/

The earnings on investments for Kansas public pensions went up from $464,017 in 2021 to $563,471 in 2022, according to data obtained from the U.S. Census Bureau’s Annual Survey of Public Pensions.

The Census Bureau's survey includes public pensions sponsored by local and state government entities with employees who are compensated with public funds. The local governments include counties, townships, school districts and special districts.

The data gathered includes revenues, expenditures, financial assets, membership and liabilities information.

It's worth noting that residents in Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington, and Wyoming are not subject to state income taxes.

The Census Bureau cautions that not all respondents answer all survey questions. Thus, some fields were left blank.

Kansas reported data from 12 pension systems, including one state-level pension funds and 11 local-level systems. The total number of pension system members was 341,122 (333,781 at the state level and 7,341 at the local level).

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS