Kansas Statutes

§ 74-49,305 — Member contributions

Kansas·Ch. 74 STATE BOARDS, COMMISSIONS AND AUTHORITIES·Art. 49 PUBLIC EMPLOYEES RETIREMENT SYSTEM
(a)An active member shall contribute 6% of compensation to such member's annuity savings account. Such contributions shall be picked up by the employer via a salary reduction as provided in section 414(h)(2) of the federal internal revenue code. An employer may not pick up these contributions without a corresponding salary reduction as provided in section 414(h)(2) of the federal internal revenue code.
(b)A member may not make voluntary contributions to the plan.

Free access — add to your briefcase to read the full text and ask questions with AI

Kansas § 74-49,305 (Member contributions) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

L. 2012, ch. 171, § 5; July 1.

Nearby Sections

15
§ 74-1110
Civil fine
View on official source ↗