74-49,103 Prior and participating service credit, prior service salary and account interest for members under 74-4999.

KS Stat § 74-49,103 (2018) (N/A)

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74-49,103. Prior and participating service credit, prior service salary and account interest for members under 74-4999. Each person who is a member of the Kansas public employees retirement system pursuant to subsection (b) of K.S.A. 74-4999 shall:

(a) Receive prior service credit thereunder for all service credited prior to January 1, 1962, under the provisions of K.S.A. 20-2701 to 20-2713, inclusive, as the same existed prior to the effective date of this act;

(b) receive participating service credit thereunder for all service credited on and after January 1, 1962, under the provisions of K.S.A. 20-2701 to 20-2713, inclusive, as the same existed prior to the effective date of this act;

(c) have a prior service salary thereunder which is the greater of either the amount which is provided for in K.S.A. 74-4902(27) or the compensation paid for the last full year of service as an official court reporter prior to January 1, 1962; and

(d) have interest first credited to their individual accounts in the Kansas public employees retirement fund on July 1, 1976.

History: L. 1975, ch. 191, § 5; July 1.

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74-49,104 Special members under 74-4999, court reporters; normal retirement date and retirement benefit.