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KS HB2006
Bill
Status
1/13/2025
Primary Sponsor
Pat Proctor
Click for details
AI Summary
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Department of Corrections security officers will be transferred from the Kansas Public Employees Retirement System (KPERS) to the Kansas Police and Firemen's Retirement System (KP&F) effective July 1, 2025
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Employee contribution rate set at 7.15% of compensation, deducted from each paycheck beginning with the first payment after membership
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Security officers may purchase participating service credit for their previous KPERS service time to count toward KP&F retirement benefits
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Service credit purchases can be made through either ongoing additional payroll contributions or a single lump-sum payment, with costs calculated based on the officer's attained age and current actuarial tables
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Retirement, death, and disability benefits will be calculated using only participating service accrued after the July 1, 2025 affiliation date, plus any purchased prior service credit
Legislative Description
Providing membership in the KP&F retirement system for certain security officers of the department of corrections and allowing certain service credit purchases of previous KPERS security officer service for purposes of KP&F retirement benefits.
Last Action
House Introduced
1/13/2025