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2016 Statute



Prev Article 49. - PUBLIC EMPLOYEES RETIREMENT SYSTEMSNext


74-49,302. Definitions. (a) As used in this act, unless otherwise provided or the context otherwise requires:

(1) "Act" means the Kansas public employees retirement system act of 2015;

(2) "active member" means a member who is actively employed by a participating employer;

(3) "annuity savings account" means the account maintained for contributions of members under K.S.A. 2016 Supp. 74-49,303, and amendments thereto;

(4) "covered position" means a position with an affiliated employer that is eligible for membership in the Kansas public employees retirement system pursuant to the provisions of K.S.A. 74-4901 et seq., and amendments thereto;

(5) "employee" means the same as such term is defined in K.S.A. 74-4902, and amendments thereto, except that only employees who are first employed by a participating employer on or after January 1, 2015, or employees of a participating employer which affiliates on or after January 1, 2015, are subject to the provisions of this act. The term employee shall include employees as provided in K.S.A. 74-4931 et seq., and amendments thereto, first employed by a participating employer on or after January 1, 2015, or such employees of a participating employer which affiliates on or after January 1, 2015;

(6) "first employed" means an employee has not been an employee in a covered position of any participating employer prior to January 1, 2015, and is employed by a participating employer in a covered position on or after January 1, 2015; an employee who is a former member of the system who withdrew contribution accounts before January 1, 2015, and who is again employed by a participating employer in a covered position on or after January 1, 2015; or an employee who was an inactive non-vested member and who is again employed by a participating employer in a covered position on or after January 1, 2015;

(7) "inactive, non-vested member" means a member who has terminated employment with a participating employer and who does not have a vested retirement benefit in the system on January 1, 2015;

(8) "member" means an individual who is required by K.S.A. 2016 Supp. 74-49,301, and amendments thereto, to be a member of the plan;

(9) "normal retirement age" means the attainment of age 65 with completion of five years of credited service, or 60 with the completion of 30 years of credited service;

(10) "plan" means the plan established within the Kansas public employees retirement system by K.S.A. 2016 Supp. 74-49,303, and amendments thereto;

(11) "pre-2015 defined benefit plan" means the plan established pursuant to K.S.A. 74-4901 et seq., and amendments thereto, and K.S.A. 74-49,201 et seq., and amendments thereto;

(12) "retirement annuity account" means the account established for employer credits of members under K.S.A. 2016 Supp. 74-49,303, and amendments thereto; and

(13) "system" means the Kansas public employees retirement system.

(b) Unless specifically provided in this section or in this act, words and phrases used in this act shall have the meanings ascribed to them as provided under the provisions of K.S.A. 74-4901 et seq., and amendments thereto.

History: L. 2012, ch. 171, § 2; July 1.



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2017. Powered by KLISS. Rendered: 2017-10-17T13:34:51. Head Rev No: 273823