KPERS Retirement

Kansas Public Employees Retirement System (KPERS):
KPERS is a retirement plan administered by the State of Kansas for public employees. Employees must enroll upon qualifying employment with the City. Both the City and employee contributions to the retirement program are fixed by State statute. At the present time employee contributions are 6.0% of gross compensation and are excluded from gross income for federal income tax purposes. Interest is credited annually on June 30 per the member’s account balance the preceding December 31. Employees are eligible to make application to withdraw their contributions plus interest 31 days after their last day on the City’s payroll if they are no longer working in a KPERS covered position.

Disability:
Employees who are contributing members of the Kansas Public Employers Retirement System (KPERS) are eligible for disability benefits. This benefit becomes effective 180 days after the disability has been determined. Employees may use accumulated Medical and Vacation Leave during the 180 day waiting period to provide continued income and maintain their health insurance coverage.

Death Benefit:
Employees who are contributing members of the Kansas Public Employers Retirement System (KPERS) have a death benefit of 150% of the member’s salary at the time of death, with return of all contributions plus interest paid to the named beneficiary.