Kansas Statutes
§ 74-49,305 — Member contributions
(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
§ 74-1108
Board of nursing fee fund§ 74-1110
Civil fine