Transferring teachers from the KPERS 3 cash balance plan to the KPERS 2 plan and defining teachers for purposes of KPERS.

SB 202 transfers all current and future teachers in Kansas from the KPERS 3 retirement plan (established in 2015) to the older KPERS 2 plan (established in 2009). It affects all teachers, including those currently enrolled in KPERS 3, with the transfer automatic on January 1, 2026, and new teachers hired on or after July 1, 2025, starting directly in KPERS 2. The bill ensures teachers retain all prior service credit and benefits under the new plan, with no reduction in benefits compared to their previous plan, and employer contributions will offset the administrative costs of the transfer.