§ 74-49b01 Deferred compensation plan; transfer of powers, duties and functions to KPERS board; certain powers, duties and functions retained by director of accounts and reports
§ 74-49b02 Same; KPERS board as successor to such powers, duties and functions; rules and regulations; effective
§ 74-49b03 Same; transfer of balances of funds and accounts to KPERS board
§ 74-49b04 Same; KPERS board as successor to all property, property rights and records
§ 74-49b05 Same; transfer of certain officers and employees to KPERS board; retention of rights
§ 74-49b06 Same; validity of suits, actions or proceedings
§ 74-49b07 Deferred compensation plan for state employees; title of act
§ 74-49b08 Same; definitions
§ 74-49b09 Same; establishment; agreements for plan benefits and services; administrative costs; investment options
§ 74-49b10 Same; 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
§ 74-49b11 Same; 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
§ 74-49b12 Same; deferred compensation payment rights not assignable
§ 74-49b13 Same; rules and regulations; accounts and records
§ 74-49b14 Same; participation by local governments; contributions by local governments; state not responsible for loss incurred by local government
§ 74-49b15 Same; conditions for local government employee participation; effect; tax treatment of Roth 457 plans
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Terms Used In Kansas Statutes > Chapter 74 > Article 49b - Deferred Compensation Plan for Public Employees

  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Contract: A legal written agreement that becomes binding when signed.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Oversight: Committee review of the activities of a Federal agency or program.
  • Property: includes personal and real property. See Kansas Statutes 77-201
  • State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Kansas Statutes 77-201
  • Statute: A law passed by a legislature.