Session of 1998
HOUSE BILL No. 3025
By Committee on Appropriations
3-31
9
AN ACT concerning retirement and pensions;
relating to the Kansas pub-
10 lic employees
retirement system; regents institutions; final average sal-
11 ary; amending K.S.A.
1997 Supp. 74-4902 and 74-4920 and repealing
12 the existing
sections.
13
14 Be it enacted by the Legislature of the
State of Kansas:
15 Section 1. K.S.A.
1997 Supp. 74-4902 is hereby amended to read as
16 follows: 74-4902. As used in articles 49
and 49a of chapter 74 and amend-
17 ments thereto, unless otherwise provided or
the context otherwise re-
18 quires:
19 (1) ``Accumulated
contributions'' means the sum of all contributions
20 by a member to the system which are
credited to the member's account,
21 with interest allowed thereon;
22 (2) ``acts'' means
K.S.A. 74-4901 to 74-4929, inclusive, and amend-
23 ments thereto;
24 (3) ``actuarial
equivalent'' means an annuity or benefit of equal value
25 to the accumulated contributions, annuity
or benefit, when computed
26 upon the basis of the actuarial tables in
use by the system;
27 (4) ``actuarial tables''
means the actuarial tables approved and in use
28 by the board at any given time;
29 (5) ``actuary'' means
the actuary or firm of actuaries employed or
30 retained by the board at any given
time;
31 (6) ``agent'' means the
individual designated by each participating em-
32 ployer through whom system transactions and
communication are di-
33 rected;
34 (7) ``beneficiary''
means any natural person or persons or estate
35 named by a member to receive any benefits
as provided for by this act.
36 Designations of beneficiaries by a member
who is a member of more
37 than one retirement system made on or after
July 1, 1987, shall be the
38 basis of any benefits payable under all
systems unless otherwise provided
39 by law. Except as otherwise provided by
subsection (33) of this section,
40 if there is no named beneficiary living at
time of member's death, any
41 benefits provided for by this act shall be
paid to: (A) The member's sur-
42 viving spouse; (B) the member's dependent
child or children; (C) the
43 member's dependent parent or parents; (D)
the member's nondependent
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1 child or children; (E) the member's
nondependent parent or parents; (F)
2 the estate of the deceased member; in
the order of preference as specified
3 in this subsection. Any payment made
to a named beneficiary shall be a
4 full discharge and release to the
system from any further claims. Any
5 payment made to a beneficiary as
provided in clauses (A), (B), (C), (D),
6 (E) or (F) of this subsection, as
determined by the board, shall be a full
7 discharge and release to the system
from any further claims. Whenever
8 any payment is payable to more than
one beneficiary such payment shall
9 be made to such beneficiaries
jointly. Any benefits payable to a benefi-
10 ciary or beneficiaries who are minor
children or incompetent persons
11 shall be made in the name of the
beneficiary or beneficiaries and deliv-
12 ered to the lawfully appointed conservator
of such beneficiaries who was
13 nominated by will or as otherwise provided
by law, except that in those
14 cases where the benefit involves only the
payment of the member's ac-
15 cumulated contributions with interest as
provided by this act in an amount
16 not to exceed $500, the board is hereby
authorized in its discretion with-
17 out the appointment of a conservator or the
giving of a bond to pay such
18 amount as is due to the minor or minors
themselves, any payment so
19 made shall be a full discharge and release
to the system from any further
20 claims;
21 (8) ``board of
trustees,'' ``board'' or ``trustees'' means the managing
22 body of the system which is known as the
Kansas public employees re-
23 tirement system board of trustees;
24 (9) ``compensation''
means all salary, wages and other remuneration
25 payable to a member for personal services
performed for a participating
26 employer, including maintenance or any
allowance in lieu thereof pro-
27 vided a member as part of compensation, but
not including reimburse-
28 ment for travel or moving expenses or on
and after July 1, 1994, payment
29 pursuant to an early retirement incentive
program made prior to the
30 retirement of the member. Beginning with
the employer's fiscal year
31 which begins in calendar year 1991 or for
employers other than the state
32 of Kansas, beginning with the fiscal year
which begins in calendar year
33 1992, when the compensation of a member who
remains in substantially
34 the same position during any two
consecutive years of participating serv-
35 ice used in calculating final average
salary is increased by an amount which
36 exceeds 15%, then the amount of such
increase which exceeds 15% shall
37 not be included in compensation, except
that (A) any amount of com-
38 pensation for accumulated sick leave or
vacation or annual leave paid to
39 the member, (B) any increase in
compensation for any member due to a
40 reclassification or reallocation of such
member's position or a reassign-
41 ment of such member's job classification to
a higher range or level and
42 (C) any increase in compensation as
provided in any contract entered into
43 prior to January 1, 1991, and still in
force on the effective date of this act,
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1 pursuant to an early retirement
incentive program as provided in K.S.A.
2 72-5395 et seq. and amendments
thereto, shall be included in the amount
3 of compensation of such member used
in determining such member's
4 final average salary and shall not be
subject to the 15% limitation provided
5 in this subsection. Any contributions
by such member on the amount of
6 such increase which exceeds 15% which
is not included in compensation
7 shall be returned to the member.
Unless otherwise provided by law, be-
8 ginning with the employer's fiscal
year coinciding with or following July
9 1, 1985, compensation shall include
any amounts for tax sheltered an-
10 nuities or deferred compensation plans.
Beginning with the employer's
11 fiscal year which begins in calendar year
1991, compensation shall include
12 amounts under sections 403b, 457 and 125 of
the federal internal revenue
13 code of 1986 and any other section of the
federal internal revenue code
14 of 1986 which defers or excludes amounts
from inclusion in income;
15 (10) ``credited
service'' means the sum of participating service and
16 prior service and in no event shall
credited service include any service
17 which is credited under another retirement
plan authorized under any
18 law of this state;
19 (11) ``dependent'' means
a parent or child of a member who is de-
20 pendent upon the member for at least 1/2 of
such parent or child's support;
21 (12) ``effective date''
means the date upon which the system becomes
22 effective by operation of law;
23 (13) ``eligible
employer'' means the state of Kansas, and any county,
24 city, township, special district or any
instrumentality of any one or several
25 of the aforementioned or any noncommercial
public television or radio
26 station located in this state which
receives state funds allocated by the
27 Kansas public broadcasting commission whose
employees are covered by
28 social security. If a class or several
classes of employees of any above
29 defined employer are not covered by social
security, such employer shall
30 be deemed an eligible employer only with
respect to such class or those
31 classes of employees who are covered by
social security;
32 (14) ``employee'' means
any appointed or elective officer or employee
33 of a participating employer whose
employment is not seasonal or tem-
34 porary and whose employment requires at
least 1,000 hours of work per
35 year, but not including: (A) Any person
covered by or eligible for or who
36 will become eligible for a retirement
annuity under the provisions of
37 K.S.A. 74-4925 and amendments thereto
except as otherwise specifically
38 provided in subsection (3) of K.S.A.
74-4925 and amendments thereto
39 and this subsection; (B) any employee who
is a contributing member of
40 the United States civil service retirement
system; (C) any employee of an
41 eligible employer who is a participant in
public service employment under
42 title II and title VI of the federal
comprehensive employment and training
43 act of 1973; (D) any employee or class of
employees specifically exempted
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1 by law. After June 30, 1975, no
person who is otherwise eligible for mem-
2 bership in the Kansas public
employees retirement system shall be barred
3 from such membership by reason of
coverage by, eligibility for or future
4 eligibility for a retirement annuity
under the provisions of K.S.A. 74-4925
5 and amendments thereto, except that
no person shall receive service
6 credit under the Kansas public
employees retirement system for any pe-
7 riod of service for which benefits
accrue or are granted under a retirement
8 annuity plan under the provisions of
K.S.A. 74-4925 and amendments
9 thereto. After June 30, 1982, no
person who is otherwise eligible for
10 membership in the Kansas public employees
retirement system shall be
11 barred from such membership by reason of
coverage by, eligibility for or
12 future eligibility for any benefit under
another retirement plan authorized
13 under any law of this state, except that no
such person shall receive service
14 credit under the Kansas public employees
retirement system for any pe-
15 riod of service for which any benefit
accrues or is granted under any such
16 retirement plan. Employee shall include
persons who are in training at
17 or employed by, or both, a sheltered
workshop for the blind operated by
18 the secretary of social and rehabilitation
services. The entry date for such
19 persons shall be the beginning of the first
pay period of the fiscal year
20 commencing in calendar year 1986. Such
persons shall be granted prior
21 service credit in accordance with K.S.A.
74-4913 and amendments
22 thereto. However, such persons classified
as home industry employees
23 shall not be covered by the retirement
system;
24 (15) ``entry date''
means the date as of which an eligible employer
25 joins the system. The first entry date
pursuant to this act is January 1,
26 1962;
27 (16) ``executive
secretary'' means the managing officer of the system
28 employed by the board under this act;
29 (17) ``final average
salary'' means in the case of a member who retires
30 prior to January 1, 1977, and in the case
of a member who retires after
31 January 1, 1977, and who has less than five
years of participating service
32 after January 1, 1967, the average highest
annual compensation paid to
33 such member for any five years of the last
10 years of participating service
34 immediately preceding retirement or
termination of employment, or in
35 the case of a member who retires on or
after January 1, 1977, and who
36 has five or more years of participating
service after January 1, 1967, the
37 average highest annual compensation paid to
such member on or after
38 January 1, 1967, for any five years of
participating service preceding re-
39 tirement or termination of employment, or,
in any case, if participating
40 service is less than five years, then the
average annual compensation paid
41 to the member during the full period of
participating service, or, in any
42 case, if the member has less than one
calendar year of participating service
43 such member's final average salary shall be
computed by multiplying such
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1 member's highest monthly salary
received in that year by 12; in the case
2 of a member who became a member under
subsection (3) of K.S.A. 74-
3 4925 and amendments thereto, or who
became a member with a partic-
4 ipating employer as defined in
subsection (3) of K.S.A. 74-4931 and
5 amendments thereto and who elects to
have compensation paid in other
6 than 12 equal installments, such
compensation shall be annualized as if
7 the member had elected to receive 12
equal installments for any such
8 periods preceding retirement; in the
case of a member who retires after
9 July 1, 1987, the average highest
annual compensation paid to such mem-
10 ber for any four years of participating
service preceding retirement or
11 termination of employment; in the case of a
member who retires on or
12 after July 1, 1993, who was first hired as
an employee, as defined in
13 subsection (14) of K.S.A. 74-4902 and
amendments thereto, prior to July
14 1, 1993, the average highest annual
compensation, as defined in subsec-
15 tion (9), paid to such member for any four
years of participating service
16 preceding retirement or termination of
employment or the average high-
17 est annual salary, as defined in subsection
(34), paid to such member for
18 any three years of participating service
preceding retirement or termi-
19 nation of employment, whichever is greater;
and in the case of a member
20 who retires on or after July 1, 1993, and
who is first hired as an employee,
21 as defined in subsection (14) of K.S.A.
74-4902 and amendments thereto,
22 on or after July 1, 1993, the average
highest annual salary, as defined in
23 subsection (34), paid to such member for
any three years of participating
24 service preceding retirement or termination
of employment. Final aver-
25 age salary shall not include any purchase
of participating service credit
26 by a member as provided in subsection (2)
of K.S.A. 74-4919h and
27 amendments thereto which is completed
within five years of retirement.
28 For any application to purchase or
repurchase service credit for a certain
29 period of service as provided by law
received by the system after May 17,
30 1994, for any member who will have
contributions deducted from such
31 member's compensation at a percentage rate
equal to two or three times
32 the employee's rate of contribution or will
begin paying to the system a
33 lump-sum amount for such member's purchase
or repurchase and such
34 deductions or lump-sum payment commences
after the commencement
35 of the first payroll period in the third
quarter, ``final average salary'' shall
36 not include any amount of compensation or
salary which is based on such
37 member's purchase or repurchase. Any
application to purchase or repur-
38 chase multiple periods of service shall be
treated as multiple applications.
39 For purposes of this subsection, the date
that such member is first hired
40 as an employee for members who are
employees of employers that
41 elected to participate in the system on or
after January 1, 1994, shall be
42 the date that such employee's employer
elected to participate in the sys-
43 tem. In the case of any former member
who was eligible for assistance
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1 pursuant to K.S.A. 74-4925 and
amendments thereto prior to July 1, 1998,
2 for the purpose of calculating the
final average salary of such member,
3 such member's final average salary
shall be based on such member's salary
4 while a member of the system or
while eligible for assistance pursuant to
5 K.S.A. 74-4925 and amendments
thereto, whichever is greater;
6 (18) ``fiscal
year'' means, for the Kansas public employees retirement
7 system, the period commencing July 1
of any year and ending June 30 of
8 the next;
9 (19) ``Kansas
public employees retirement fund'' means the fund cre-
10 ated by this act for payment of expenses
and benefits under the system
11 and referred to as the fund;
12 (20) ``leave of
absence'' means a period of absence from employment
13 without pay, authorized and approved by the
employer, and which after
14 the effective date does not exceed one
year;
15 (21) ``member'' means an
eligible employee who is in the system and
16 is making the required employee
contributions, or any former employee
17 who has made the required contributions to
the system and has not re-
18 ceived a refund;
19 (22) ``military
service'' means service in the armed forces of the
20 United States or in the United States
public health service, which service
21 is immediately preceded by a period of
employment as an employee or
22 by the entering into of an employment
contract with a participating em-
23 ployer and is followed by return to
employment as an employee with the
24 same or another participating employer
within 12 months immediately
25 following discharge from such military
service, except that if the board
26 determines that such return within 12
months was made impossible by
27 reason of a service-connected disability,
the period within which the em-
28 ployee must return to employment with a
participating employer shall be
29 extended not more than two years from the
date of discharge or separa-
30 tion from military service;
31 (23) ``normal retirement
date'' means the date on or after which a
32 member may retire with full retirement
benefits pursuant to K.S.A. 74-
33 4914 and amendments thereto;
34 (24) ``participating
employer'' means an eligible employer who has
35 agreed to make contributions to the system
on behalf of its employees;
36 (25) ``participating
service'' means the period of employment after
37 the entry date for which credit is granted
a member;
38 (26) ``prior service''
means the period of employment of a member
39 prior to such member's entry date for which
credit is granted a member
40 under this act;
41 (27) ``prior service
annual salary'' means the highest annual salary,
42 not including any amounts received as
payment for overtime or as re-
43 imbursement for travel or moving expense,
received for personal services
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1 by the member from the current
employer in any one of the three cal-
2 endar years immediately preceding
January 1, 1962, or the entry date of
3 the employer, whichever is later,
except that if a member entered the
4 employment of the state during the
calendar year 1961, the prior service
5 annual salary shall be computed by
multiplying such member's highest
6 monthly salary received in that year
by 12;
7 (28) ``retirant''
means a member who has retired under this system;
8 (29) ``retirement
benefit'' means a monthly income or the actuarial
9 equivalent thereof paid in such
manner as specified by the member pur-
10 suant to this act or as otherwise allowed
to be paid at the discretion of
11 the board, with benefits accruing from the
first day of the month coin-
12 ciding with or following retirement and
ending on the last day of the
13 month in which death occurs. Upon proper
identification a surviving
14 spouse may negotiate the warrant issued in
the name of the retirant;
15 (30) ``retirement
system'' or ``system'' means the Kansas public em-
16 ployees retirement system as established by
this act and as it may be
17 amended;
18 (31) ``social security''
means the old age, survivors and disability in-
19 surance section of the federal social
security act;
20 (32) ``total
disability'' means a physical or mental disability which pre-
21 vents the member from engaging, for
remuneration or profit, in any oc-
22 cupation for which the member is reasonably
suited by education, training
23 or experience;
24 (33) ``trust'' means an
express trust, created by a trust instrument,
25 including a will, designated by a member to
receive payment of the in-
26 sured death benefit under K.S.A. 74-4927
and amendments thereto and
27 payment of the member's accumulated
contributions under subsection
28 (1) of K.S.A. 74-4916 and amendments
thereto. A designation of a trust
29 shall be filed with the board. If there is
a designated trust at the time of
30 the member's death, the insured death
benefit for the member under
31 K.S.A. 74-4927 and amendments thereto and
the member's accumulated
32 contributions under subsection (1) of
K.S.A. 74-4916 and amendments
33 thereto shall be paid to the trust in lieu
of the member's beneficiary. If
34 no will is admitted to probate within six
months after the death of the
35 member or no trustee qualifies within such
six months or if the designated
36 trust fails, for any reason whatsoever, the
insured death benefit under
37 K.S.A. 74-4927 and amendments thereto and
the member's accumulated
38 contributions under subsection (1) of
K.S.A. 74-4916 and amendments
39 thereto shall be paid in accordance with
the provisions of subsection (7)
40 of this section as in other cases where
there is no named beneficiary living
41 at the time of the member's death and any
payments so made shall be a
42 full discharge and release to the system
from any further claims; and
43 (34) ``salary'' means
all salary and wages payable to a member for
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1 personal services performed for a
participating employer, including main-
2 tenance or any allowance in lieu
thereof provided a member as part of
3 salary. Salary shall not include
reimbursement for travel or moving ex-
4 penses, payment for accumulated sick
leave or vacation or annual leave,
5 severance pay or any other payments
to the member determined by the
6 board to not be payments for personal
services performed for a partici-
7 pating employer constituting salary
or on and after July 1, 1994, payment
8 pursuant to an early retirement
incentive program made prior to the
9 retirement of the member. When the
salary of a member who remains
10 in substantially the same position during
any two consecutive years of
11 participating service used in calculating
final average salary is increased
12 by an amount which exceeds 15%, then the
amount of such increase
13 which exceeds 15% shall not be included in
salary. Any contributions by
14 such member on the amount of such increase
which exceeds 15% which
15 is not included in compensation shall be
returned to the member. Unless
16 otherwise provided by law, salary shall
include any amounts for tax shel-
17 tered annuities or deferred compensation
plans. Salary shall include
18 amounts under sections 403b, 457 and 125 of
the federal internal revenue
19 code of 1986 and any other section of the
federal internal revenue code
20 of 1986 which defers or excludes amounts
from inclusion in income. In
21 any case, if participating service is less
than three years, then the average
22 annual salary paid to the member during the
full period of participating
23 service, or, in any case, if the member has
less than one calendar year of
24 participating service such member's final
average salary shall be com-
25 puted by multiplying such member's highest
monthly salary received in
26 that year by 12.
27 Sec. 2. K.S.A. 1997
Supp. 74-4920 is hereby amended to read as
28 follows: 74-4920. (1) Upon the basis of
each annual actuarial valuation
29 and appraisal as provided for in subsection
(3)(a) of K.S.A. 74-4908 and
30 amendments thereto, the board shall
certify, on or before July 15 of each
31 year, to the division of the budget in the
case of the state and to the agent
32 for each other participating employer an
actuarially determined estimate
33 of the rate of contribution which will be
required, together with all ac-
34 cumulated contributions and other assets of
the system, to be paid by
35 each such participating employer to pay all
liabilities which shall exist or
36 accrue under the system, including
amortization of the actuarial accrued
37 liability over a period of 40 years
commencing on July 1, 1993, and the
38 actuarial accrued liability for members of
the faculty and other persons
39 who are employed by the state board of
regents or by educational insti-
40 tutions under its management assisted by
the state board of regents in
41 the purchase of retirement annuities as
provided in K.S.A. 74-4925 and
42 amendments thereto, as provided in this
section. The actuarial accrued
43 liability for all participating employers
other than the state board of re-
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9
1 gents relating to members of the
faculty and other persons described in
2 this section, shall be amortized by
annual payments that increase 4% for
3 each year remaining in the
amortization period. For all participating em-
4 ployers other than the state board of
regents relating to members of the
5 faculty and other persons described
in this section, the projected unit
6 credit actuarial cost method shall be
used in annual actuarial valuations,
7 commencing with the 1993 valuation,
to determine the employer contri-
8 bution rates that shall be certified
by the board. The actuarial accrued
9 liability for members of the faculty
and other persons described in this
10 subsection assisted by the state board of
regents in the purchase of re-
11 tirement annuities as provided in K.S.A.
74-4925 and amendments
12 thereto shall be amortized by annual level
payments over a period of 10
13 11 years commencing July 1, 1993.
Such certified rate of contribution
14 shall be based on the standards set forth
in subsection (3)(a) of K.S.A.
15 74-4908 and amendments thereto and shall
not be based on any other
16 purpose outside of the needs of the
system.
17 (2) The division of the
budget and the governor shall include in the
18 budget and in the budget request for
appropriations for personal services
19 the sum required to satisfy the state's
obligation under this act as certified
20 by the board and shall present the same to
the legislature for allowance
21 and appropriation.
22 (3) Each other
participating employer shall appropriate and pay to
23 the system a sum sufficient to satisfy the
obligation under this act as
24 certified by the board.
25 (4) Each participating
employer is hereby authorized to pay the em-
26 ployer's contribution from the same fund
that the compensation for which
27 such contribution is made is paid from or
from any other funds available
28 to it for such purpose. Each political
subdivision, other than an instru-
29 mentality of the state, which is by law
authorized to levy taxes for other
30 purposes, may levy annually at the time of
its levy of taxes, a tax which
31 may be in addition to all other taxes
authorized by law for the purpose of
32 making its contributions under this act
and, in the case of cities and coun-
33 ties, to pay a portion of the principal and
interest on bonds issued under
34 the authority of K.S.A. 12-1774 and
amendments thereto by cities located
35 in the county, which tax, together with any
other fund available, shall be
36 sufficient to enable it to make such
contribution. In lieu of levying the
37 tax authorized in this subsection, any
taxing subdivision may pay such
38 costs from any employee benefits
contribution fund established pursuant
39 to K.S.A. 12-16,102 and amendments thereto.
Each participating em-
40 ployer which is not by law authorized to
levy taxes as described above,
41 but which prepares a budget for its
expenses for the ensuing year and
42 presents the same to a governing body which
is authorized by law to levy
43 taxes as described above, may include in
its budget an amount sufficient
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1 to make its contributions under this
act which may be in addition to all
2 other taxes authorized by law. Such
governing body to which the budget
3 is submitted for approval, may levy a
tax sufficient to allow the partici-
4 pating employer to make its
contributions under this act, which tax, to-
5 gether with any other fund available,
shall be sufficient to enable the
6 participating employer to make the
contributions required by this act.
7 (5) The rate of
contribution certified to a participating employer as
8 provided in this section shall apply
during the fiscal year of the partici-
9 pating employer which begins in the
second calendar year following the
10 year of the actuarial valuation. For the
fiscal year commencing in calendar
11 year 1993, the employer rate of
contribution for the state of Kansas and
12 for participating employers under K.S.A.
74-4931 and amendments
13 thereto shall be 3.1% of the amount of
compensation upon which mem-
14 bers contribute during the period. For the
fiscal year commencing in
15 calendar year 1994, the employer rate of
contribution for the state of
16 Kansas and for participating employers
under K.S.A. 74-4931 and amend-
17 ments thereto shall be 3.2% of the amount
of compensation upon which
18 members contribute during the period. For
the fiscal year commencing
19 in calendar year 1994, the employer rate of
contribution for participating
20 employers other than the state of Kansas
shall be 2.2% of the amount of
21 compensation upon which members contribute
during the period. Except
22 as specifically provided in this section,
for the fiscal year commencing in
23 calendar year 1995, the rate of
contribution certified to a participating
24 employer shall in no event exceed such
participating employer's contri-
25 bution rate for the immediately preceding
fiscal year by more than 0.1%
26 of the amount of compensation upon which
members contribute during
27 the period. Except as specifically provided
in this section, for fiscal years
28 commencing in calendar year 1996 and in
each subsequent calendar year,
29 the rate of contribution certified to the
state of Kansas shall in no event
30 exceed the state's contribution rate for
the immediately preceding fiscal
31 year by more than 0.2% of the amount of
compensation upon which
32 members contribute during the period.
Except as specifically provided in
33 this section, for fiscal years commencing
in calendar year 1997 and in
34 each subsequent calendar year, the rate of
contribution certified to par-
35 ticipating employers other than the state
of Kansas shall in no event ex-
36 ceed such participating employer's
contribution rate for the immediately
37 preceding fiscal year by more than 0.15% of
the amount of compensation
38 upon which members contribute during the
period. There shall be an
39 employer rate of contribution certified to
the state of Kansas and partic-
40 ipating employers under K.S.A. 74-4931 and
amendments thereto. There
41 shall be a separate employer rate of
contribution certified to all other
42 participating employers other than the
state of Kansas.
43 (6) The actuarial cost
of any legislation enacted in the 1994 session
HB 3025
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1 of the Kansas legislature will be
included in the June 30, 1994, actuarial
2 valuation in determining contribution
rates for participating employers.
3 (7) The board with
the advice of the actuary may fix the contribution
4 rates for participating employers
joining the system after one year from
5 the first entry date or for employers
who exercise the option contained
6 in K.S.A. 74-4912 and amendments
thereto at rates different from the
7 rate fixed for employers joining
within one year of the first entry date.
8 (8) Employer
contributions shall in no way be limited by any other
9 act which now or in the future
establishes or limits the compensation of
10 any member.
11 (9) Each participating
employer shall remit quarterly, or as the board
12 may otherwise provide, all employee
deductions and required employer
13 contributions to the executive secretary
for credit to the Kansas public
14 employees retirement fund within 20 days
after the end of the period
15 covered by the remittance or within 25 days
after forms or written in-
16 structions from the system were mailed by
the system to such employer,
17 whichever is later. Remittances of such
deductions and contributions re-
18 ceived after such date are delinquent.
Delinquent payments due under
19 this subsection shall be subject to
interest at the rate established for in-
20 terest on judgments under subsection (a) of
K.S.A. 16-204 and amend-
21 ments thereto. At the request of the board,
delinquent payments which
22 are due or interest owed on such payments,
or both, may be deducted
23 from any other moneys payable to such
employer by any department or
24 agency of the state.
25 Sec. 3. K.S.A. 1997
Supp. 74-4902 and 74-4920 are hereby repealed.
26 Sec. 4. This act
shall take effect and be in force from and after its
27 publication in the statute book.
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