Kansas State Treasurer Ron Estes has been on the job for a little over a month now, and although he likened the experience to “drinking from a firehose,” he’s kept busy.
Estes serves on the board of the Kansas Public Employees Retirement System (KPERS), which is facing a nearly $8 billion shortfall.
“It’s pretty common knowledge that there’s not enough money to meet all our obligations,” Estes said. “The reason we got there is because bad actuarial assumptions were made in the early 1990s.”

For more on Estes' thoughts on KPERS, read Saturday's Sentinel.