Investment Beliefs
KCPERS investment beliefs are foundational to its long-term management of the Fund…
Cost of Living Adjustment: At the recent September 12th Board meeting, the Retirement Board made the decision to approve a 2.5% (COLA) for retired members.
KCPERS exists solely to provide present and future retirement, disability, and survivor benefits to the law enforcement and civilian employees of the Kansas City, Missouri Police Department and to cover reasonable expenses
incurred to provide such benefits.
The Retirement Systems and benefit provisions are established in Chapter 86 of the Revised Statues of Missouri. The Police Retirement System of Kansas City, Missouri and the Civilian Employees’ Retirement System of the Police Department are different entities with separate Boards of Trustees (“Board” or “Board’s”) operating independently with fiduciary responsibility to their respective Retirement System. The membership of the two boards
includes the same individuals.
In seeking to meet the return objectives, the Plan will rely on an investment strategy utilizing an appropriate long-term, diversified asset allocation model. Diversification distributes a portfolio across many investments to avoid excessive exposure to any one source of risk. The Board will determine the proper allocation among asset classes and investment managers, based on advice and analysis as provided by the Plan’s Investment Consultants with assistance from the Staff.
KCPERS investment beliefs are foundational to its long-term management of the Fund…
The purpose of the Fund is to accumulate the financial reserves necessary to provide benefits to eligible members…
The reports below provide more detailed information about the strategy and implementation of KCPERS Investments.
Asset allocation refers to the process by which the Fund is allocated among various types of investments…
Cost of Living Adjustment:
The Retirement Board granted a 2.5% COLA