Kansas Statutes 74-4986g. Same; application for affiliation; credited service
Terms Used In Kansas Statutes 74-4986g
- Act: means the Kansas deferred retirement option program act;
(2) "board" means the board of trustees of the Kansas public employees retirement system;
(3) "DROP" means the deferred retirement option program established by Kan. See Kansas Statutes 74-4986l
- Educational institution: means any state educational institution under the control and supervision of the state board of regents; and
(b) "university police officer" means university police officers employed by the chief executive officer of any educational institution. See Kansas Statutes 74-4986f
- employee: means the same as such term is defined in Kan. See Kansas Statutes 74-49,202
- member: means any member of the Kansas police and firemen's retirement system who is eligible to participate in the DROP and who elects to participate in the DROP as provided in this act;
(7) "monthly DROP accrual" means the amount equal to the monthly retirement benefit that would have been payable to the member had the member terminated service and retired on the day the member elected; and
(8) "system" means the Kansas police and firemen's retirement system. See Kansas Statutes 74-4986l
- participating employer: means an eligible employer who has agreed to make contributions to the system on behalf of its employees first hired on or after July 1, 2009. See Kansas Statutes 74-49,202
- Retirement system: means the Kansas public employees retirement system, the Kansas police and firemen's retirement system, the state school retirement system, the Kansas highway patrol pension fund, the Kansas bureau of investigation pension fund, the Kansas retirement fund for judges, or the Kansas retirement fund for official court reporters. See Kansas Statutes 74-49,109
- system: means the Kansas public employees retirement system. See Kansas Statutes 74-49,302
(a) On the effective date of this act, any educational institution shall be an eligible employer as defined in Kan. Stat. Ann. §§ 74-4952 and amendments thereto. Any such educational institution may affiliate with the Kansas police and firemen’s retirement system established under the provisions of Kan. Stat. Ann. § 74-4951 et seq. and amendments thereto. Such educational institution shall make application for affiliation with such system in the manner provided by Kan. Stat. Ann. §§ 74-4954 and amendments thereto, to be effective on July 1 next following application.
(b) Each educational institution affiliating pursuant to the provisions of subsection (a) shall appropriate and pay to the system a sum sufficient to satisfy the obligations hereunder as certified by the board.
(c) For the purposes of determining and computing retirement benefits and death and disability benefits computed upon the basis of credited service of a university police officer appointed under the provisions of this act, the term “credited service,” as used in Kan. Stat. Ann. § 74-4951 et seq. and amendments thereto, means and includes only participating service with the participating employer, except as hereinafter provided:
(1) Credited service of any employee with any participating employer prior to becoming a member under these provisions shall be considered and included in determining if the death or disability of such employee was service connected under the provisions of subsection (10) of Kan. Stat. Ann. §§ 74-4952 and amendments thereto and for the purposes of determining the eligibility of such officer for nonservice-connected death and disability benefits under the provisions of subsection (2) of Kan. Stat. Ann. §§ 74-4959 and amendments thereto and subsection (2) of Kan. Stat. Ann. §§ 74-4960 and amendments thereto.
(2) Notwithstanding the provisions of Kan. Stat. Ann. §§ 74-4957 and 74-4963 and amendments thereto, all credited service of any employee with any participating employer prior to becoming a member under these provisions shall be included and counted together with credited participating service for the meeting of requirements of years of service fixed under the provisions of such sections.
Any rights and benefits accruing to any employee of an educational institution prior to the effective date of affiliation shall be determined and computed pursuant to the provisions of Kan. Stat. Ann. § 74-4901 et seq. and amendments thereto. Any member who becomes a member pursuant to this section, who has a vested retirement benefit pursuant to Kan. Stat. Ann. §§ 74-4917 and amendments thereto and who terminates employment prior to attaining a vested benefit pursuant to Kan. Stat. Ann. §§ 74-4963 and amendments thereto may have such service credited for purposes of determining and computing retirement benefits pursuant to Kan. Stat. Ann. § 74-4901 et seq. and amendments thereto.