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Terms Used In Kansas Statutes 74-4986k

  • 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

(a) The provisions of Kan. Stat. Ann. §§ 74-4986k through 74-4986r, and amendments thereto, shall be known and may be cited as the Kansas deferred retirement option program act, and shall be effective on and after January 1, 2016.

(b) The provisions of this act shall be part of and supplemental to the provisions of Kan. Stat. Ann. § 74-4901 et seq., and amendments thereto, subject to the limitations contained in this act.