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Please forward to your employees
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Protect What Matters Most With Optional Life Insurance
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Life can be unpredictable — that’s why having extra financial protection matters.
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KPERS offers optional life insurance – extra coverage beyond your basic benefits.
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This fall, you can enroll in guaranteed coverage with no health questions required. Choose the amount of coverage you need for you, your spouse and/or your children.
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And the best part? Premiums are automatically deducted from your paycheck, making it simple and hassle-free.
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Want more than the guaranteed amount? Just answer a few health questions
to apply.
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Open Enrollment Dates
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Coverage starts January 2026
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Learn more and apply at kspers.gov/optionallife.
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Message from the Executive Director: New Valuation Shows Steady Funding Status
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Our actuary conducts an annual valuation on December 31 each year to assess funding levels, compare Trust Fund assets to liabilities, and estimate future benefit costs. This process also sets employer contribution rates, and projects future funded ratios and contribution rates based on investment returns. KPERS received the latest valuation report in July 2025 (as of December 31, 2024).
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Why Estate Planning Matters — Even If You’re Still Working
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Estate planning is something everyone should consider — especially if you have people who depend on you.
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Think of it as part of your long-term financial plan. Creating an estate plan now helps protect your loved ones, reduce confusion, and make sure your wishes are followed if something unexpected happens.
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Here's what you should consider:
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A will lets you decide who gets what, name a guardian for your kids,
and choose someone to manage your estate. Without one, state laws decide — and it might not be what you’d want.
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Power of attorney allows someone you trust to handle your finances if you can’t.
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A healthcare directive (or living will) outlines your medical preferences and names someone to make decisions for you if you’re unable.
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A trust might make sense if you have a larger estate or specific wishes about how and when your assets are distributed — but it’s not required for everyone.
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Bottom line:
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You don’t need to have everything figured out today, but starting the conversation is important. Life changes like getting married, having kids, buying a home, or even starting a new job are good times to think about these documents.
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Estate planning is about being prepared — and making things easier for the people you care about. You’re building a life. Make sure it’s protected.
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