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6.09 / Retirement

All unclassified professionals employed half-time (.5 time) or more shall participate in the retirement plan established by the Kansas Board of Regents, beginning on the first day of the pay period coinciding with or next following the completion of one year of service in an eligible category.  Failure of the unclassified professional to participate when eligible shall be cause for the immediate termination of the unclassified professional.

In lieu of participating in the Regents' plan, eligible unclassified professionals, 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 unclassified professional.

A newly employed unclassified professional shall begin participation in the Regents' plan upon employment, if at the time of employment the unclassified professional is eligible for immediate participation pursuant to K.S.A. 74- 4925, as amended.  Contributions to the plan will be made by both the employer and the employee on a regular basis during years of participation, except for periods in which no salary is paid.  A separate voluntary tax-deferred program is also available to eligible unclassified professionals in several alternate investment options through several alternate investment providers approved 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:
June 17, 1999
August 15, 2008

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