K.S.A. 74-49,309: Forfeiture of certain credits upon termination of plan membership in certain circumstances.
Where this section sits in the code
- Chapter 74.—STATE BOARDS, COMMISSIONS AND AUTHORITIES
- Article 49.—PUBLIC EMPLOYEES RETIREMENT SYSTEMS
If the member's retirement annuity account is not vested upon the member's termination of plan membership, as provided in K.S.A. 74-49,312, and amendments thereto, the member's service credit, employer credits and interest credits are forfeited as provided in K.S.A. 74-49,312, and amendments thereto. If the member's retirement annuity account is vested upon the member's termination of plan membership, as provided in K.S.A. 74-49,312, and amendments thereto, but the member dies prior to attaining normal retirement age without a spouse eligible for the retirement annuity account under K.S.A. 74-49,313, and amendments thereto, the employer credits and interest credits are forfeited. Forfeitures may not be used to increase a member's account.
Collected 2026-09-04T15:14:17Z. Source file · JSON