Adjusting the KPERS 3 dividend interest credit by lowering the dividend interest credit threshold to 5% and increasing the dividend share to 80%.

HB 2086 adjusts how interest credits are calculated for Kansas Public Employees Retirement System (KPERS) members. It lowers the investment return threshold from 6% to 5% and increases the dividend share from 75% to 80% for determining annual additional interest credits. These credits are added to members' retirement accounts based on the KPERS system's investment returns above the new threshold. The changes directly affect current and future KPERS members by altering how their retirement savings grow annually.