Kansas Statutes
Article 26 - School District Employee Retirement Systems
72-2628 Eligibility for school annuity; how annuities paid; life annuities and refund annuities at retirement; employment after retirement, when; effect.

72-2628. Eligibility for school annuity; how annuities paid; life annuities and refund annuities at retirement; employment after retirement, when; effect. Except as otherwise provided in this act, any school employee who has attained the age of 65 shall be eligible for a school annuity, but any employee who has attained the age of 60, at such school employee's choice, may be granted an annuity beginning on any September first from age 60. Any school annuity granted prior to age 65 shall not be the standard annuity, but shall be determined in accordance with the early retirement schedule specified in K.S.A. 72-5518 and amendments thereto, except as provided in K.S.A. 72-5513 and amendments thereto for those who retire prior to age 60 because of physical or mental disability. All annuities shall be paid in equal monthly installments beginning on the first of September of that calendar year. The board may provide for types of life annuities and refund annuities to be selected by the school employee at the time of such school employee's retirement.
No person shall receive a school retirement annuity while employed in any position wherein service credit is being earned toward benefits in another retirement system of the state of Kansas.
No person shall be employed in school service while receiving a service or disability annuity provided by this act. If any person engaged in school service shall retire and has received one or more installments of a school annuity and thereafter shall reenter school service, such person shall not be entitled to any service credit for the time spent in school service after reentering such service, nor shall such person be entitled to receive any installments of the service annuity withheld from such person while engaged in such school service. Deductions shall not be made from such person's salary for such school service, except that any person who may have reentered school service as a constitutional officer shall be permitted to pay into the state retirement board 4% of the $5,000 of such person's salary as such officer, while in such service after reentry, and thereby become fully reinstated in the school retirement plan as of the time of such reentry into school service. Any person reentering school service as provided in this section and thereafter retiring again shall not be entitled to any installment payments of the service annuity until the first September following such last retirement from school service, except that any school employee retired as provided in this section may perform school service as a substitute employee, not to exceed 90 teaching days in any one school year. If such substitute employee continues in school service longer than 90 teaching days in any one school year, such substitute employee's retirement annuity shall cease and become effective again on the first September following such last retirement. Persons who are suspended annuitants on the day preceding April 25, 1969, shall be paid retroactively all savings annuity installments withheld.
History: L. 1941, ch. 341, § 12; L. 1951, ch. 410, § 1; L. 1953, ch. 339, § 4; L. 1957, ch. 398, § 1; L. 1961, ch. 342, § 3; L. 1965, ch. 414, § 4; L. 1967, ch. 383, § 1; L. 1969, ch. 327, § 4; L. 1998, ch. 64, § 23; July 1.

Structure Kansas Statutes

Kansas Statutes

Chapter 72 - Schools

Article 26 - School District Employee Retirement Systems

72-2624 Definitions.

72-2625 School employees savings fund; state school retirement fund; transfers; uses.

72-2626 Service records of school employees; establishment of membership, conditions.

72-2627 Same; certificate of service record; failure to file annuity claim.

72-2628 Eligibility for school annuity; how annuities paid; life annuities and refund annuities at retirement; employment after retirement, when; effect.

72-2629 Computation and payment of certain remaining state obligations; required assumptions and conditions of payment; payment from state general fund.

72-2630 Disability annuity; medical examinations; return to service.

72-2631 Correction of errors.

72-2632 Deductions from salary; disposition of moneys; how credited.

72-2633 Same; contracts deemed to include.

72-2634 Same; permanent reserves; investment; interest prorated.

72-2635 Retirement annuities; early retirement reduction; supplemental benefits for certain retired persons; optional joint annuity.

72-2636 Same; increases inclusive of increases provided by K.S.A. 74-4943.

72-2637 Same; payments made under K.S.A. 72-5512a under provisions of school retirement system.

72-2638 Quitting service before age sixty.

72-2639 Refund upon quitting service, when; return to service.

72-2640 Death of school employee; refunds.

72-2641 Limitation of actions to recover refund or installment; qualifying conditions.

72-2642 Audits.

72-2643 Unassignability; exemptions.

72-2644 Perjury; penalties.

72-2645 Ad valorem tax prohibited.

72-2646 Right to amend act reserved.

72-2647 Invalidity of part.

72-2648 Income tax exemption of school annuities.

72-2649 Employees in school service one-half time; and employed by a nonschool agency of the state one-half time.

72-2650 Same; time effective.

72-2651 Retirement annuities; benefits for noncredited school service for certain special members of Kansas public employees retirement system.

72-2661 Teacher's retirement fund; assessments; tax levy, use of proceeds; gifts.

72-2662 Same; disbursement and investment of fund.

72-2663 Same; retirement conditions.

72-2664 Same; disability or incapacity; reinstatement.

72-2665 Same; refunds; transfers to another city operating under this act; payment to heirs, when.

72-2666 Same; teacher defined.

72-2667 Same; fund kept separate; disbursement.

72-2668 Same; exemption of salary and waiver of benefits; time for requesting.

72-2669 Same; rules and regulations.

72-2670 Employees' retirement fund in certain cities between 120,000 and 200,000; definitions.

72-2671 Employees' retirement fund, unified school district No. 500; assessments; member contributions picked up by board of education; tax levy, use of proceeds; gifts.

72-2672 Phase out of reduction of annuity payments when employee eligible for payments under social security.

72-2673 Employees' retirement fund; certain cities between 120,000 and 200,000; disbursement and investment of fund.

72-2674 Same; retirement and payment of employees; conditions; rules and regulations.

72-2675 Annuity payment options.

72-2676 Same; disability annuities; medical examinations.

72-2677 Same; application of act.

72-2678 Same; refunds; deferred annuities; limitation on claims.

72-2679 Same; credit for service in armed forces; payment of contributions.

72-2680 Same; fund kept separate; disbursement.

72-2681 Same; employees unable to qualify exempt from assessment; authority of board of education.

72-2682 Same; limitations on employment.

72-2683 Same; payments exempt from execution.

72-2684 Same; annuities exempt from income tax.

72-2685 Same; rules and regulations.

72-2686 Actuary; duties.

72-2687 Retirement fund, certain cities; assessments; tax levy, use of proceeds; gifts.

72-2688 Same; school board employees in cities between 80,000 and 120,000; disbursement and investment of fund.

72-2689 Same; retirement and payment of employees; conditions.

72-2690 Same; retirement and payment on account of disability, when; reinstatement.

72-2691 Same; refund to employee; voluntary retirement; payment to heirs, when.

72-2692 Same; fund kept separate; disbursement.

72-2693 Same; employee defined.

72-2694 Same; rules and regulations.

72-2695 Retirement fund for teachers and employees, certain cities; assessments; tax levy, use of proceeds; gifts.

72-2696 Same; disbursement and investment of fund.

72-2697 Same; retirement and payment; conditions.

72-2698 Same; retirement and payment on account of disability, when; reinstatement.

72-2699 Same; refunds, when; accepting service in another city operating under this act; voluntary retirement; payment to heirs, when.

72-26,100 Same; teacher and other public school employee defined.

72-26,101 Same; fund kept separate; disbursement.

72-26,102 Same; exemption of salary and waiver of benefits; time for requesting.

72-26,103 Same; rules and regulations.

72-26,104 Same; retirement funds under K.S.A. 72-1726 to 72-1734 and K.S.A. 72-1780 to 72-1787.

72-26,105 Retirement fund for teachers and employees, certain cities; assessments; tax levy, use of proceeds; gifts.

72-26,106 Same; disbursement and investment of fund.

72-26,107 Same; retirement and payment; conditions.

72-26,108 Same; retirement and payment on account of disability, when; limitation; medical examination; reinstatement.

72-26,109 Same; refunds, when; accepting service in another city operating under this act; voluntary retirement; payment to heirs, when.

72-26,110 Same; teacher and other public school employee defined.

72-26,111 Same; fund kept separate; disbursement.

72-26,112 Same; exemption of salary and waiver of benefits; time for requesting.

72-26,113 Same; rules and regulations.

72-26,114 Supplemental retirement system in cities over 225,000; limitations; investment of salary tax moneys.

72-26,115 Certain retirement systems; definitions.

72-26,116 Same; abolishment and membership in state school retirement system; procedure and rights.

72-26,117 Same; supplemental retirement system for members of state system; limitations.

72-26,118 Same; supplemental retirement fund; credits, custody and investment.

72-26,119 Same; supplemental retirement system; tax levy, use of proceeds.

72-26,120 Same; annuities and obligations to retired members; tax levy, use of proceeds.

72-26,121 Same; members accounts in supplemental retirement fund; payments.

72-26,122 Same; rules and regulations.

72-26,123 Certain retirement systems; "board of education" defined.

72-26,124 Same; continuation as supplemental systems and membership in state retirement system; procedure and rights.

72-26,125 Same; continuation of retirement system as supplemental system; limitations; increase of retirement benefits, when.

72-26,126 Same; residues; tax levy, use of proceeds; interest from investments.

72-26,127 Same; investment of fund.

72-26,128 Same; retirement benefits exempt from income tax.

72-26,129 Same; issuance of no-fund warrants, when; payment.

72-26,130 Same; refunds authorized in certain cases.

72-26,131 Same; investment of fund with balance greater than $50,000; prudent investor rule; certain investments authorized for funds with balance less than $50,000.

72-26,132 Same; policies for investment of fund; formulation and review.

72-26,133 Same; contracts with financial advisors authorized; payment for services; fidelity bond.

72-26,134 Same; reliance on legal opinions.

72-26,135 Same; custody of fund; payment for services of banks, trust companies.

72-26,136 Same; reports; monthly records.

72-26,137 Same; annual examination of investment program.

72-26,138 Certain districts; retirement systems.

72-26,139 Increased retirement payments for certain districts, when.