# Evergy Pension Plan

Evergy Pension Plan is a Corporate Pension Plan based in Kansas City, United States.

## Overview

- **Organization type:** Corporate Pension Plan
- **Headquarters:** Kansas City, United States
- **Region:** North America
- **Address:** Kansas City, MO, United States
- **Founded:** 1956
- **Assets under management:** Undisclosed
- **Website:** evergy.mercerpencentral.com

## Regulatory record

- **Reports private funds:** No

## About

The Evergy Pension Plan exists to fund retirement obligations for employees of Evergy, Inc., the Kansas City-based utility formed by the 2018 merger of Great Plains Energy and Westar Energy. Its administrative committee is chaired by Heather A. Humphrey, while Evergy CEO David A. Campbell and CFO Kirkland Andrews sit on the board's finance committee — linking the plan's oversight directly to the utility's senior leadership. The plan allocates across core pension asset classes including public equities, fixed income, and alternative investments, but its most distinctive sleeve targets early-stage energy solution companies. This venture-oriented posture is uncommon for a regulated utility's pension fund and reflects the broader shift in Evergy's corporate strategy since Elliott Management took an activist stake and pushed for the Sustainability Transformation Plan. The fund invests primarily in US-based opportunities. The sponsor, Evergy, Inc., serves roughly 1.7 million customers across Kansas and Missouri, generating approximately $5.6 billion in annual revenue (per Evergy, 2023). The pension plan's size is not publicly disclosed, but the utility maintains both the defined-benefit plan and a separate 401(k) for its workforce. Plan administration is outsourced to Mercer, which operates the participant portal at the fund's primary web presence. The plan's structural differentiator lies in its exposure to emerging energy technologies alongside a traditional corporate bond and equity portfolio. For a sponsor that generates power from coal, natural gas, nuclear, and renewables, a pension fund investing in early-stage energy solutions creates a feedback loop — retirement assets gain from the very transition pressures reshaping the utility's operating business.

## Sectors

- Energy Transition & Renewables
- Infrastructure

## People

- Heather A. Humphrey — Chair of the Administrative Committee
- David A. Campbell — Chairman, President, and CEO of Evergy, Inc.
- Kirkland B. Andrews — Executive Vice President and CFO

## Questions

### Who oversees investment decisions for the Evergy Pension Plan?

The plan's administrative committee, chaired by Heather A. Humphrey, governs the fund. Evergy's CEO David A. Campbell and CFO Kirkland Andrews sit on the board's finance committee, which oversees capital allocation across the enterprise. Day-to-day investment operations and participant services are administered externally by Mercer.

### Does the Evergy Pension Plan invest in private markets or just public securities?

The plan allocates to alternative investment funds alongside traditional public equity and fixed-income holdings. Its most notable private-market exposure is to early-stage energy solution companies, a strategy rare among utility pension funds. Further details on fund commitment pacing or partnership structures are not publicly disclosed.

### Who administers the plan's participant services?

Mercer handles administration for the Evergy Pension Plan through an online portal at Evergy.mercerpencentral.com. Participants can calculate benefit estimates, model retirement dates, and initiate pension payments through the Mercer-managed platform. The Evergy Pension Center serves as the primary contact for inquiries.

### What is the relationship between the Evergy Pension Plan and the Evergy Foundation?

Both entities operate under the Evergy, Inc. umbrella but serve distinct functions. The pension plan funds retirement obligations for eligible employees; the Evergy Foundation is a separate philanthropic vehicle providing community grants across the utility's Kansas and Missouri service territory. There is no indication the foundation draws from pension assets.

## Related profiles

- [Evergy](https://altss.com/profile/evergy-inc)
- [Everhart Advisors](https://altss.com/profile/everhart-advisors)

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Last updated: 2026-08-10T19:36:47.593Z

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