Terms Used In Kansas Statutes 72-2642

  • Board: shall mean the board of education of any city of the first class operating a retirement system under the provisions of Kan. See Kansas Statutes 72-26,115
  • deductions: means the amounts withheld, as provided in this act, from warrants issued in payment for school services;

    (o) "actuarial computation" means computation in accordance with some standard actuarial table. See Kansas Statutes 72-2624

  • Retirement system: means the state school retirement system;

    (b) "board" means the board of trustees of the Kansas public employees retirement system;

    (c) "school year" means either the twelve-month period beginning on September first, or the legal school term during such period. See Kansas Statutes 72-2624

  • State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Kansas Statutes 77-201

The retirement system shall be subject to supervision and audit in the same manner and by the same agencies as other departments of the state. The board shall have authority either to conduct or to require audits of those accounts of the boards and agencies designated by this act to make deductions which affect the retirement system.