Lawerence Journal-World 12-09-11

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KANSAS DEFENSE SHUTS OFF WISCONSIN, 73-44 Sports 1B

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Charlie Weis to be KU‘s next football coach

RETIREMENT

401(k)-style pension plan plotted for KPERS

By Scott Rothschild

srothschild@ljworld.com

TOPEKA — The traditional pension plan for future and some current public employees would be eliminated and replaced with a 401(k)-style system under a recommendation finalized Thursday by a state commission. Proponents of the plan called it a responsible fix to a long-term funding problem in the Kansas Public Employees Retirement System. “We made a major step forward,” said Sen. Jeff King, R-Independence. He said no future generation of Kansans will find themselves in the “financial hole that we are in today.” But opponents said the proposal placed retirement risks onto public employees and would produce financially strapped retirees. Sen. Laura Kelly, D-Topeka, said she was “stunned” by the We made plan. “This is a recipe for disasa major step ter,” she said. The recommendation goes forward.” next to the full Legislature. Gov. Sam Brownback, a Republican, — Sen. Jeff King, has repeatedly said he supports a R-Independence system that looks like the one being offered by the KPERS study commission. Under the recommendation, KPERS employees, such as teachers and government workers, hired after June 30, 2013, and those workers not vested in KPERS by that date would be enrolled in a defined contribution plan in which they would be required to contribute 6 percent This is a of their wages. The state would contribute 1 percent the first year recipe for and increase its contribution by one-half percent each year until disaster.” it reaches a maximum of 5 per— Sen. Laura Kelly, cent in the ninth year of work. Currently, pensions are fi- D-Topeka nanced through contributions from employees and employers as well as investments made by the system. Employees who have retired receive a “defined benefit” based on how long they worked and how much they made on average in the final years of employment. For example, a typical worker earning $40,000 a year who worked for 20 years will receive an annual pension of $14,000. KPERS has more than 250,000 working and retired members and handles investments of more than $13 billion. But a devastating downturn in investments in 2008 during the recession, plus years of the state failing to contribute sufficient amounts, has left the system with a long-term funding gap between assets and promised benefits. Kelly, however, argued that a bill approved during the last legislative session provided the needed revenue in future years to put the plan in actuarial balance.

Mike Yoder/Journal-World Photo

CHARLIE WEIS, 55, the offensive coordinator at the University of Florida, gets off the Kansas University plane at the Lawrence Airport around 8:30 p.m. Thursday night. Weis has agreed to become the 37th head football coach in KU history. KU will hold a press conference to introduce Weis today. Read more about Weis in Sports, page 1B.

Résumé includes BCS and Super Bowls, Notre Dame, NFL By Matt Tait mtait@ljworld.com

When Kansas University athletic director Sheahon Zenger left town on Nov. 30 in search of a replacement for former KU football coach Turner Gill, he vowed not to return to Lawrence until he had his guy. Thursday, just before 8:45 p.m., Zenger hopped off the university plane at the Lawrence airport and set foot on Lawrence soil for the first time since leaving. A couple of steps behind him was new KU coach Charlie Weis. “Great to see you all out here this late,” said Weis to a group of seven members of the media awaiting his arrival. “That’s good for us.” In all, KU’s coaching search

spanned 11 days, multiple states and wasn’t finalized until Thursday. Through it all, Zenger, who said he went about the search in a unique way from the start, landed a coach with the kind of résumé that measures up to just about anyone. “It’s good to be home,” Zenger told the Journal-World less than an hour after stepping off the plane. “And it’s great to bring a man like Charlie Weis with me.” In Weis, Zenger delivers to Lawrence a coach with 16 years of experience as an NFL assistant — with four Super Bowl rings — and five seasons as the head coach at Notre Dame. After serving as the offensive coordinator with the Kansas City Chiefs in 2010, Weis spent the 2011 season as the

offensive coordinator at Florida. Prior to that, he coached at Notre Dame from 2005-09, where he led the Irish to a 3527 record and three bowl appearances, and made stops in the NFL with the New York Giants, New York Jets and New England Patriots. While coaching under Bill Parcells in the early 1990s, Weis helped the Giants win Super Bowl XXV in 1991. A decade later, he teamed with New England coach Bill Belichick to lead the Patriots to Super Bowl titles in 2002, 2004 and 2005. Zenger was not the only member of the KU community excited by Weis’ hiring. As word began to spread across campus and reaction poured in from current and former Jayhawks across the country,

KU men’s basketball coach Bill Self applauded the beginning of a new era of Kansas football. “I think Kansas fans should be excited about Sheahon’s football hire today,” Self said. “We hired a guy that has an unbelievable résumé and has experienced success at the highest levels. In his first two years at Notre Dame, he coached in BCS bowls. With the Patriots, he won three Super Bowls. With the Giants, he won one Super Bowl and has participated in another Super Bowl. He’s been a coach for a long time and obviously has a great mind. I think this is one that will definitely ripple waters in our league.” Weis will be officially announced as the 37th football coach in KU history at a news conference set for 5 p.m. today.

Please see KPERS, page 2A

Good Samaritan drops $2,000 diamond in red kettle Sara Shepherd sshepherd@theworldco.info

SHAWNEE — A Salvation Army kettle from Shawnee turned up a sparkling surprise when workers opened it to count the day’s donations: a diamond. A jeweler appraised the diamond Thursday morning, citing a retail value of $2,000, said Michele Heaver, The Salvation Army Corps Officer for Kansas City, Kan.

“That could help fill our pantry, help many families who come in for food assistance,” Heaver said. “It could help with four or five utility bills, or help a couple people pay their rent.” Someone dropped the gem in the kettle Nov. 30 outside the Walmart at Shawnee Mission Parkway and Maurer Road, Heaver said. When they opened the kettle to count its contents, Salvation Army volunteers discovered a piece

the diamond but had yet to determine how to go about it. Discussions have included the possibility of the jeweler putting the diamond in a setting and helping the charity auction it. Heaver said the volunteer at the Walmart kettle didn’t report anything out of the ordinary and probably didn’t even notice the unusual drop. Heaver said The Salvation Army has discovered rings in their kettles — they can

Business Classified Comics Deaths

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Events listings Horoscope Movies Opinion

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Poll Puzzles Sports Television

Low: 16

Today’s forecast, page 10A

slip off cold fingers and are typically reclaimed — but in her 23 years with the organization she’s never heard of a loose diamond. “I would assume it’s a purposeful donation,” she said. “It’s absolutely wonderful that somebody would give this type of donation. We’re very appreciative, and it will help a lot of families.”

INSIDE

Colder

High: 31

of diamond paper with the loose stone inside. Meierotto Midwest Jewelers, a well-known diamond seller at 4311 N.E. Vivion Road in Kansas City, Mo., appraised the stone for free, Heaver said. The diamond, which is a .83 carat roundcut, is thought to be 100 years old. “It had some flaws, but it was a very nice diamond,” Heaver said. Heaver said The Salvation Army would probably sell

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— Sara Shepherd, news editor at The Shawnee Dispatch, can be reached at 913962-3000, extension 111.

Sara Shepherd/Journal-World Photo

THIS .83 CARAT round-cut diamond worth $2,000 was dropped in a Salvation Army kettle on Shawnee Mission Parkway.

COMING SATURDAY More coverage of new KU football coach Charlie Weis, after he is officially introduced today.

Vol.153/No.343 32 pages

Energy smart: The Journal-World makes the most of renewable resources. www.b-e-f.org


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