74-49b08. Same; definitions. (a) "Act" means the Kansas public employees deferred compensation act;
(b) "beneficiary" means any person designated to receive benefits under a deferred compensation plan;
(c) "board" means the board of trustees of the Kansas public employees retirement system;
(d) "deferred compensation plan" means a plan for the benefit of current and former state employee participants that is developed and approved as provided in this act and in accordance with section 457 of the federal internal revenue code of 1986, and amendments thereto, and under which a participant elects to defer, transfer or roll over amounts as permitted by the plan; and
(e) "state" means the state of Kansas and any state agency as defined in subsection (3) of K.S.A. 75-3701, and amendments thereto.
History: L. 1976, ch. 367, § 1; L. 1978, ch. 332, § 51; L. 1979, ch. 298, § 1; L. 2002, ch. 192, § 2; L. 2007, ch. 74, § 10; Jan. 1, 2008.
Structure Kansas Statutes
Chapter 74 - State Boards, Commissions And Authorities
Article 49b - Deferred Compensation Plan For Public Employees
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.
74-49b12 Same; deferred compensation payment rights not assignable.