Kansas Statutes 74-4931b. Same; payment of contributions; benefits of membership conferred
Terms Used In Kansas Statutes 74-4931b
- 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
- employee: means the same as such term is defined in Kan. See Kansas Statutes 74-49,202
- State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Kansas Statutes 77-201
- system: means the Kansas public employees retirement system. See Kansas Statutes 74-49,302
(a) Within 35 days after the effective date of this act, the Kansas state high school activities association shall pay to the system an amount equal to the total of: (1) All employer contributions payable from January 1, 1983, to the date of payment at the applicable rate of contribution fixed pursuant to Kan. Stat. Ann. §§ 74-4920 and amendments thereto; and (2) all employee contributions payable from January 1, 1983, to the date of payment at the rate of contribution fixed by Kan. Stat. Ann. §§ 74-4919 and amendments thereto.
(b) Subject to the provisions of Kan. Stat. Ann. § 74-4901 et seq., and all acts amendatory thereof and supplemental thereto, all rights and benefits of membership including group insurance and participating service credit shall accrue to each individual who is an employee of the Kansas state high school activities association from January 1, 1983.