Text Only Tool
In lieu of participating in the Regents plan, eligible faculty, having accrued retirement benefits under the Kansas Public Employees Retirement System (KPERS), may elect to continue in KPERS. Conversely, participants in the Regents plan, transferred or reclassified to a position that qualifies for participation in KPERS, may elect to continue participating in the Regents plan. Only one such election may be made by an employee.
A new employee shall begin participation in the Regents plan upon employment, if at the time of employment the employee is eligible for immediate participation pursuant to K.S.A. 74-4925 as amended.
Contributions to the plan will be made on a regular basis during
years
of participation, except for periods in which no salary is paid.
The employer presently contributes 8.5 percent of the employee's salary
and the employee is required to contribute 5.5 percent of salary for
the
retirement plan. A separate voluntary tax-deferred program also
is
available to eligible employees in several alternate investment options
through several alternate investment providers authorized by the Board
of Regents.
Questions related to retirement plan provisions and options should
be addressed to the Employee Benefits Officer in the Office of Human
Resources.
Revision Date:
August 15, 2008