Deferred Compensation Plan for Public Employees | Midpage

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Kansas Statutes

Article 49b

Deferred Compensation Plan for Public Employees

74-49b01Deferred compensation plan; transfer of powers, duties and functions to KPERS board; certain powers, duties and functions retained by director of accounts and reports 74-49b02Same; KPERS board as successor to such powers, duties and functions; rules and regulations; effective 74-49b03Same; transfer of balances of funds and accounts to KPERS board 74-49b04Same; KPERS board as successor to all property, property rights and records 74-49b05Same; transfer of certain officers and employees to KPERS board; retention of rights 74-49b06Same; validity of suits, actions or proceedings 74-49b07Deferred compensation plan for state employees; title of act 74-49b08Same; definitions 74-49b09Same; establishment; agreements for plan benefits and services; administrative costs; investment options 74-49b10Same; 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 contracting party; tax treatment of Roth 457 plans 74-49b11Same; 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 74-49b12Same; deferred compensation payment rights not assignable 74-49b13Same; rules and regulations; accounts and records 74-49b14Same; participation by local governments; contributions by local governments; state not responsible for loss incurred by local government 74-49b15Same; conditions for local government employee participation; effect; tax treatment of Roth 457 plans