Session of 1998
SENATE BILL No. 617
By Joint Committee on Pensions, Investments and
Benefits
2-10
9
AN ACT concerning the Kansas public employees
retirement system and
10 systems thereunder;
relating to retirement benefits; amending K.S.A.
11 1997 Supp. 74-4988 and
repealing the existing section.
12
13 Be it enacted by the Legislature of the
State of Kansas:
14 Section 1. K.S.A.
1997 Supp. 74-4988 is hereby amended to read as
15 follows: 74-4988. (1) (a) Each
person who is a member of a retirement
16 system and who becomes a member of another
retirement system shall
17 receive credit under each such retirement
system for credited service
18 under the other retirement system for the
purpose of satisfying any re-
19 quirement for such person to complete
certain periods of service to be-
20 come eligible to receive a retirement
benefit or disability benefit or for
21 such person's beneficiaries to receive a
death benefit. The retirement
22 benefit which a person becomes eligible to
receive under a retirement
23 system shall be based only on credited
service under such retirement
24 system, except that the determination of
final average salary under such
25 retirement system shall include the
compensation received as a member
26 of each other retirement system if such
compensation is higher. Except
27 as provided in subsection (1)(b),
such retirement benefit shall become
28 payable upon the member submitting an
application to retire under each
29 system, except that a member who is not
eligible to retire under the
30 retirement system to which such member is
not currently making con-
31 tributions because such member does not
meet the age requirements of
32 the earliest retirement date of such system
may retire, upon meeting the
33 requirements for retirement, under the
provisions of the retirement sys-
34 tem which the member had been most recently
making contributions.
35 No further rights and benefits will accrue
under the retirement system
36 to which the member is not currently making
contributions after the date
37 the member retires from the system from
which the member had been
38 most recently making contributions and the
member will be retired and
39 benefits shall commence on the date that
the member would first have
40 attained retirement age from the system to
which the member is not
41 currently making contributions.
42 (b) The requirement
that a member shall submit an application to
43 retire under each system before becoming
eligible to receive any retire-
SB 617
2
1 ment system benefits shall not
apply to any member who was active and
2 contributing to one retirement
system on July 1, 1995.
3 (2) Any member who
is not otherwise eligible for service credit as
4 provided for in subsection (1)(a) of
K.S.A. 74-4913 or subsection (1)(a)
5 of K.S.A. 74-4936 and amendments
thereto, may be granted credit for
6 the service upon the attainment of 38
quarters of participating service in
7 any retirement system as defined in
subsection (3)(b) or upon retirement.
8 (3) As used in
this section:
9 (a) ``Member''
means a person who has attained membership in a
10 retirement system, who has not retired
under such retirement system and
11 who has not withdrawn such person's
accumulated contributions for such
12 retirement system; and
13 (b) ``retirement
system'' means the Kansas public employees retire-
14 ment system, the Kansas police and
firemen's retirement system and the
15 retirement system for judges.
16 Sec. 2. K.S.A. 1997
Supp. 74-4988 is hereby repealed.
17 Sec. 3. This act
shall take effect and be in force from and after its
18 publication in the statute book.
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