One problem was the state retirement board comingled funds between the fully funded CERS and the broke KERS and put the money in illegal investments, like hedge funds with exorbitant fees. It appears they've illegally taken money from CERS. The state legislature refused to put in the required amounts for at least the last 15 years and planned to keep short changing KERS through 2024. Instead of accounting for all the money, paying CERS back for the money they illegally merged with KERS in illegal