Kansas Statutes
Article 49b - Deferred Compensation Plan For Public Employees
74-49b03 Same; transfer of balances of funds and accounts to KPERS board.

74-49b03. Same; transfer of balances of funds and accounts to KPERS board. On the effective date of this act, the balances of all funds or accounts thereof appropriated or reappropriated for the department of administration relating to the powers, duties and functions transferred by K.S.A. 74-49b01, and amendments thereto, are hereby transferred within the state treasury to the board of trustees of the Kansas public employees retirement system and shall be used only for the purpose for which the appropriation was originally made.
History: L. 2007, ch. 74, ยง 3; Jan. 1, 2008.

Structure Kansas Statutes

Kansas Statutes

Chapter 74 - State Boards, Commissions And Authorities

Article 49b - Deferred Compensation Plan For Public Employees

74-49b01 Deferred compensation plan; transfer of powers, duties and functions to KPERS board; certain powers, duties and functions retained by director of accounts and reports.

74-49b02 Same; KPERS board as successor to such powers, duties and functions; rules and regulations; effective.

74-49b03 Same; transfer of balances of funds and accounts to KPERS board.

74-49b04 Same; KPERS board as successor to all property, property rights and records.

74-49b05 Same; transfer of certain officers and employees to KPERS board; retention of rights.

74-49b06 Same; validity of suits, actions or proceedings.

74-49b07 Deferred compensation plan for state employees; title of act.

74-49b08 Same; definitions.

74-49b09 Same; establishment; agreements for plan benefits and services; administrative costs; investment options.

74-49b10 Same; employee participation agreements; service charge; payroll deferrals; state liability limited; amounts deferred considered for computation of retirement benefits; clearing fund; sharing of member's retirement account information with c...

74-49b11 Same; amounts deferred, transferred or rolled-over held in trust; diversion of assets prohibited; not commingled with KPERS assets, exception; not subject to premium tax or insurance law charges.

74-49b12 Same; deferred compensation payment rights not assignable.

74-49b13 Same; rules and regulations; accounts and records.

74-49b14 Same; participation by local governments; contributions by local governments; state not responsible for loss incurred by local government.

74-49b15 Same; conditions for local government employee participation; effect; tax treatment of Roth 457 plans.