reglab/housing_qa huggingface dataset:
KS Stat § 72-2629 (2021)
2021 Kansas Statutes|Chapter 72 - Schools|Article 26 - School District Employee Retirement Systems|72-2629 Computation and payment of certain remaining state obligations; required assumptions and conditions of payment; payment from state general fund.

72-2629. Computation and payment of certain remaining state obligations; required assumptions and conditions of payment; payment from state general fund. On September 1, 1974, and March 1, 1975, the board of trustees of the Kansas public employees retirement system shall make such semiannual payments as would be required under former K.S.A. 72-5512a (repealed by this act) if said statute were not repealed. The actuary for Kansas public employees retirement system shall compute the remaining obligation of the state for employees remaining under the separate retirement system authorized by K.S.A. 72-1758 to 72-1769, inclusive, under former K.S.A. 72-5512a (repealed by this act) effective September 1, 1974, if said statute were not repealed. In making such computation, the actuary shall use the actuarial evaluation as of August 31, 1973, as submitted to the legislative budget committee adjusted for deaths occurring before September 1, 1974, and transfers of employees to the Kansas public employees retirement system under this act. In making such computation, the actuary shall use an interest assumption of six percent (6%), an assumed average retirement age of sixty-four (64) years and other actuarial assumptions in force for the Kansas public employees retirement system on September 1, 1974. Such actuary shall determine the level annual payments over a period of ten (10) years commencing on July 1, 1975, to retire such remaining obligation. The board of trustees of Kansas public employees retirement system shall include in its annual budget request an amount to make such payments on September 1 of each year commencing in 1975. Such board of trustees shall approve vouchers to be paid from appropriations from the state general fund for the purposes specified in this section.History: L. 1974, ch. 293, § 4; July 1.
KS Stat § 72-2630 (2021)
2021 Kansas Statutes|Chapter 72 - Schools|Article 26 - School District Employee Retirement Systems|72-2630 Disability annuity; medical examinations; return to service.

72-2630. Disability annuity; medical examinations; return to service. Any participating member in the Kansas school retirement system who has performed school service in Kansas for a period of fifteen (15) years or more, and who prior to age sixty (60) suffers such physical or mental disability as to be unable to perform school service, may be granted a disability annuity, the amount of which shall be a service annuity determined on the assumption that the member retired at age sixty (60) plus a savings annuity in the amount of the actuarial value of the savings account at the attained age. This amendment shall apply from and after July 1, 1967, to those persons who have been granted a disability annuity prior to that date and shall apply to those persons who shall be granted a disability annuity on or after July 1, 1967. In such cases the board is authorized to provide for medical examinations and to secure other evidence at the expense of the board. Such medical examinations shall be repeated at least once in every five (5) years, and may be ordered at any time until the annuitant attains age sixty-five (65). In case any person receiving a disability annuity shall recover, or if he shall refuse to be examined, then the disability annuity shall cease. But employment outside of school service at part-time work or at full-time work suited to a partly disabled person shall not of itself be sufficient reason to cease paying such disability annuity. In case any person receives a disability annuity and later recovers and returns to school service, the service record of that person shall include all school service, both before and after disability, but the retirement annuity finally paid shall be reduced by actuarial computation in proportion to the total amount of the disability annuity paid.History: L. 1941, ch. 341, § 13; L. 1967, ch. 383, § 2; July 1.
KS Stat § 72-2631 (2021)
2021 Kansas Statutes|Chapter 72 - Schools|Article 26 - School District Employee Retirement Systems|72-2631 Correction of errors.

72-2631. Correction of errors. In case an error has been made and an annuitant has been paid more or less than he is entitled to receive, and other satisfactory arrangements cannot be made, the board, insofar as that may be possible, shall adjust future annuity payments so as to correct the error, in accordance with actuarial computations: Provided, That no adjustment shall be made for an error in the service record not corrected as provided in K.S.A. 72-5511.History: L. 1941, ch. 341, § 14; Apr. 16.
KS Stat § 72-2632 (2021)
2021 Kansas Statutes|Chapter 72 - Schools|Article 26 - School District Employee Retirement Systems|72-2632 Deductions from salary; disposition of moneys; how credited.

72-2632. Deductions from salary; disposition of moneys; how credited. All boards and other agencies of the state of Kansas shall deduct four percent (4%) from the gross salary of any school employee as hereinafter provided. Such deductions shall be applicable only to the first five thousand dollars ($5,000) of the gross salary paid to any contributing full-time school employee in each school year. Such deductions shall be applicable only to the first two thousand five hundred dollars ($2,500) of the gross salary paid during a school year to any contributing school employee who is eligible to receive only one-half year of service credit in such school year. Such boards and other agencies of the state shall transmit quarterly the amounts so deducted, to the state retirement board, in such manner as the board may direct, and the retirement board shall pay the same into the state treasury and the state treasurer shall credit the same to the school employees savings fund.History: L. 1941, ch. 341, § 15; L. 1953, ch. 339, § 5; L. 1965, ch. 413, § 2; L. 1969, ch. 327, § 5; Apr. 25.
KS Stat § 72-2633 (2021)
2021 Kansas Statutes|Chapter 72 - Schools|Article 26 - School District Employee Retirement Systems|72-2633 Same; contracts deemed to include.

72-2633. Same; contracts deemed to include. All contracts for school services made after this act goes into effect, and all salaries of school employees set by statute, shall be deemed to include this provision for deductions: Provided, That in any case where an existing contract or legal obstacle forbids a deduction, the school employee concerned is hereby authorized to tender the amount of the deduction to the board for credit: Provided further, This section shall not apply to employees exempted under the provisions of K.S.A. 72-5509.History: L. 1941, ch. 341, § 16; Apr. 16.
KS Stat § 72-2634 (2021)
2021 Kansas Statutes|Chapter 72 - Schools|Article 26 - School District Employee Retirement Systems|72-2634 Same; permanent reserves; investment; interest prorated.

72-2634. Same; permanent reserves; investment; interest prorated. The funds accumulated in the employees savings fund from such deductions shall be handled as permanent reserves. These reserves shall be invested by the investment committee only in assets eligible for the investment of funds of legal reserve life insurance companies in the state of Kansas as stated in K.S.A. 1968 Supp. 40-403c, with the exception of subsections (d), (i), (j), (k) and (l) of said section or as otherwise provided in this act: Provided, That total investments in common stocks permitted under such section may be made in an amount of up to twenty-five percent (25%) of the total book value of the fund and that the common stock of any bank which is a member of the federal deposit insurance corporation and has capital funds, represented by capital, surplus and undivided profits, of at least twenty million dollars ($20,000,000) shall be deemed eligible for investment under said section without regard to whether the common stock of such bank is registered on a national exchange under the securities exchange act of 1934: Provided further, That the term "admitted assets" stated in such section shall be deemed to mean the amount of the fund, and the provisions relating to limitation of investments as a percent of surplus and loans to policyholders shall be inapplicable with respect to investment of the fund. The board shall employ or retain qualified investment counsel or may negotiate with a trust company to assist and advise in the judicious investment of funds as herein provided for. All interest and income dividends received thereon shall be prorated at least once each twelve (12) months to the individual savings accounts. The board shall turn over all securities purchased to the state treasurer for safekeeping.History: L. 1941, ch. 341, § 17; L. 1965, ch. 415, § 1; L. 1969, ch. 327, § 6; Apr. 25.
KS Stat § 72-2636 (2021)
2021 Kansas Statutes|Chapter 72 - Schools|Article 26 - School District Employee Retirement Systems|72-2636 Same; increases inclusive of increases provided by K.S.A. 74-4943.

72-2636. Same; increases inclusive of increases provided by K.S.A. 74-4943. Benefit increases provided by this act shall be inclusive of increases provided by K.S.A. 74-4943 and shall accrue from July 1, 1973.History: L. 1973, ch. 287, § 2; July 1.
KS Stat § 72-2637 (2021)
2021 Kansas Statutes|Chapter 72 - Schools|Article 26 - School District Employee Retirement Systems|72-2637 Same; payments made under K.S.A. 72-5512a under provisions of school retirement system.

72-2637. Same; payments made under K.S.A. 72-5512a under provisions of school retirement system. Any aggregate payment made to a board of education under the provisions of K.S.A. 72-5512a shall be under the provisions of the state school retirement system on the day preceding the effective date of this act.History: L. 1973, ch. 287, § 3; July 1.
KS Stat § 72-2638 (2021)
2021 Kansas Statutes|Chapter 72 - Schools|Article 26 - School District Employee Retirement Systems|72-2638 Quitting service before age sixty.

72-2638. Quitting service before age sixty. In case any school employee shall quit school service before age sixty (60) (except as provided otherwise in this act) the board shall on request issue to him a certified statement of his service record and his savings account. No refund shall be made; no further payments shall be required from the employee (unless he returns to school service); interest shall continue to be credited to his account; and none of his retirement rights shall be canceled. At age sixty-five (65) such person shall become eligible to receive the annuity indicated by his service record and his savings account at the time of retirement. In case any school employee quits school service and moves from Kansas but continues in public school employment, and while so employed suffers so as to qualify under the provisions of K.S.A. 72-5513, such person shall become eligible to receive the annuity provided in K.S.A. 72-5513.History: L. 1941, ch. 341, § 19; L. 1967, ch. 383, § 3; July 1.
KS Stat § 72-2639 (2021)
2021 Kansas Statutes|Chapter 72 - Schools|Article 26 - School District Employee Retirement Systems|72-2639 Refund upon quitting service, when; return to service.

72-2639. Refund upon quitting service, when; return to service. In case any school employee quits school service at any time, notwithstanding the provisions of K.S.A. 72-5519 and amendments thereto, the amount credited to such school employee's savings account, at the option of the school employee, shall be refunded to such school employee and such school employee's claims upon the retirement fund, service annuity fund and employees savings fund shall be terminated. In case any such school employee who has two or more years of service in Kansas later returns to school service, subject to the provisions of K.S.A. 74-49,123 and amendments thereto, such school employee may return the amount refunded to such school employee without either interest or penalty, and regain such school employee's original status with the retirement system if such employee returns the amount so refunded within 12 months after the date such school employee reenters school service and if such school employee continues in school service for at least one school year, except that such person withdrawing from school service shall not be permitted to make application for funds credited to such person's savings account until six months shall have expired after such person's withdrawal from school service.History: L. 1941, ch. 341, § 20; L. 1953, ch. 339, § 7; L. 1963, ch. 381, § 2; L. 1998, ch. 64, § 25; July 1.
KS Stat § 72-2640 (2021)
2021 Kansas Statutes|Chapter 72 - Schools|Article 26 - School District Employee Retirement Systems|72-2640 Death of school employee; refunds.

72-2640. Death of school employee; refunds. In case of the death of any school employee or annuitant before any installment of any annuity has been paid, the amount credited to his savings account shall be refunded to the estate of the deceased unless beneficiaries have been specifically designated by said school employee or annuitant. In case of the death of a school employee or annuitant after he has retired and selected the type of annuity as provided in K.S.A. 72-5512, the provisions of such annuity shall govern any refunds to be made except that any unpaid service annuity shall be paid to the estate of the deceased unless beneficiaries have been specifically designated by said annuitant. Except as provided in K.S.A. 72-5520 and in this section, there shall be no refunds or payments to the heirs of any school employee or annuitant.History: L. 1941, ch. 341, § 21; L. 1951, ch. 408, § 3; Apr. 2.
KS Stat § 72-2641 (2021)
2021 Kansas Statutes|Chapter 72 - Schools|Article 26 - School District Employee Retirement Systems|72-2641 Limitation of actions to recover refund or installment; qualifying conditions.

72-2641. Limitation of actions to recover refund or installment; qualifying conditions. In case no claim or suit is filed for the recovery of any refund or annuity installment due under the provisions of this act within five years after the same is due and payable, the amount of any such refund or annuity installment due and payable from the school employees savings fund shall be transferred to the state school service annuity fund: Provided, If any such person shall present satisfactory evidence to the board that his failure to file such application within said time period was due to lack of knowledge or incapacity on his part, the total amount originally due shall be paid such person from the state school service annuity fund.History: L. 1941, ch. 341, § 24; L. 1974, ch. 302, § 1; July 1.
KS Stat § 72-2642 (2021)
2021 Kansas Statutes|Chapter 72 - Schools|Article 26 - School District Employee Retirement Systems|72-2642 Audits.

72-2642. Audits. The retirement system shall be subject to supervision and audit in the same manner and by the same agencies as other departments of the state. The board shall have authority either to conduct or to require audits of those accounts of the boards and agencies designated by this act to make deductions which affect the retirement system.History: L. 1941, ch. 341, § 25; Apr. 16.
KS Stat § 72-2643 (2021)
2021 Kansas Statutes|Chapter 72 - Schools|Article 26 - School District Employee Retirement Systems|72-2643 Unassignability; exemptions.

72-2643. Unassignability; exemptions. Annuities and refunds provided herein shall not be assignable. Any credit due any school employee or any payments made or to be made, as provided in this act, shall not be subject to sale or execution and shall not be subject to garnishment or attachment.History: L. 1941, ch. 341, § 26; Apr. 16.
KS Stat § 72-2644 (2021)
2021 Kansas Statutes|Chapter 72 - Schools|Article 26 - School District Employee Retirement Systems|72-2644 Perjury; penalties.

72-2644. Perjury; penalties. Any person who shall, with intent to defraud, make any false statement or falsify any record required by virtue of the provisions of this act or any rule or regulation of the board, shall be deemed guilty of perjury and upon conviction thereof shall be punished by a fine not exceeding five hundred dollars, or by imprisonment for a term of not less than one year nor more than five years, or by both such fine and imprisonment.History: L. 1941, ch. 341, § 27; Apr. 16.
KS Stat § 72-2645 (2021)
2021 Kansas Statutes|Chapter 72 - Schools|Article 26 - School District Employee Retirement Systems|72-2645 Ad valorem tax prohibited.

72-2645. Ad valorem tax prohibited. It is hereby determined and expressly provided that no ad valorem tax shall ever be levied to provide funds for the administration of this act or for the payment of any benefits hereunder.History: L. 1941, ch. 341, § 28; Apr. 16.
KS Stat § 72-2646 (2021)
2021 Kansas Statutes|Chapter 72 - Schools|Article 26 - School District Employee Retirement Systems|72-2646 Right to amend act reserved.

72-2646. Right to amend act reserved. The legislature hereby reserves the right to amend any section, paragraph, or any and all provisions of this act, as it may from time to time deem necessary.History: L. 1941, ch. 341, § 29; Apr. 16.
KS Stat § 72-2647 (2021)
2021 Kansas Statutes|Chapter 72 - Schools|Article 26 - School District Employee Retirement Systems|72-2647 Invalidity of part.

72-2647. Invalidity of part. If any section or part of a section of this act shall be held unconstitutional by any court, it shall be conclusively presumed that the legislature would have passed this act without such invalid section or part of a section, and the remaining provisions shall be given full force as if the part held unconstitutional had not been included herein.History: L. 1941, ch. 341, § 30; Apr. 16.
KS Stat § 72-2648 (2021)
2021 Kansas Statutes|Chapter 72 - Schools|Article 26 - School District Employee Retirement Systems|72-2648 Income tax exemption of school annuities.

72-2648. Income tax exemption of school annuities. All school annuities paid under this act and the act to which this act is amendatory shall not be subject to taxation under the Kansas income tax act.History: L. 1953, ch. 339, § 8; Apr. 3.
KS Stat § 72-2649 (2021)
2021 Kansas Statutes|Chapter 72 - Schools|Article 26 - School District Employee Retirement Systems|72-2649 Employees in school service one-half time; and employed by a nonschool agency of the state one-half time.

72-2649. Employees in school service one-half time; and employed by a nonschool agency of the state one-half time. If a school employee as provided in K.S.A. 72-5515, is eligible to receive only one-half of service credit in a school year and deductions are applicable only to the first two thousand five hundred dollars ($2,500) of the gross salary paid during a school year for school service, is also employed at least one-half time by an agency of the state of Kansas in nonschool service such school employee may request in writing to the school employer on such forms as may be required by the retirement board, that the four percent (4%) deduction be applicable to the first five thousand dollars ($5,000) of the combined gross salaries. Such deduction shall be made by the school employer entirely from the salary for school service and remitted and credited the same as other such deductions. Upon receipt of such written request and deductions the retirement board shall grant full service credit as provided in K.S.A. 72-5501. In the event such nonschool service does not extend over the full school year the retirement board shall have sole discretion to determine if full service credit shall be granted.History: L. 1969, ch. 329, § 1; July 1.
KS Stat § 72-2650 (2021)
2021 Kansas Statutes|Chapter 72 - Schools|Article 26 - School District Employee Retirement Systems|72-2650 Same; time effective.

72-2650. Same; time effective. This act may be applicable to such school and nonschool service performed on and after July 1, 1967, provided the employee remits the required amount not previously deducted: Provided, however, On and after the beginning of the school year 1969 the request must be made within fifteen (15) days following the beginning of the school year.History: L. 1969, ch. 329, § 2; July 1.
KS Stat § 72-2651 (2021)
2021 Kansas Statutes|Chapter 72 - Schools|Article 26 - School District Employee Retirement Systems|72-2651 Retirement annuities; benefits for noncredited school service for certain special members of Kansas public employees retirement system.

72-2651. Retirement annuities; benefits for noncredited school service for certain special members of Kansas public employees retirement system. (a) Notwithstanding the provisions of subsection (e) of K.S.A. 72-5501 and subsection (b) of K.S.A. 72-5518 and amendments thereto, any special member receiving benefits under the state school retirement system, whose combined years of credited and noncredited service equal 10 or more, shall receive a full service annuity of $6.85 per month for each year of credited service and a service annuity of $3.00 per month for each year of Kansas school service not previously used in the calculation of the member's benefit.(b) Any special member entitled to any annuity for noncredited service shall notify the office of the Kansas public employees retirement system of such service and the benefit shall commence the first day of the month following receipt of verification of such service.History: L. 1985, ch. 254, § 28; July 1.
KS Stat § 72-2661 (2021)
2021 Kansas Statutes|Chapter 72 - Schools|Article 26 - School District Employee Retirement Systems|72-2661 Teacher's retirement fund; assessments; tax levy, use of proceeds; gifts.

72-2661. Teacher's retirement fund; assessments; tax levy, use of proceeds; gifts. In any city of the first class in the state of Kansas there may be created by the board of education of such city a public school teachers' retirement fund, which fund when created, and the management and disbursement thereof, shall be under the control of the board of education of such city. Such retirement fund shall be created and maintained in the following manner:First. By an assessment of not less than one percent nor more than six percent of every installment of salary paid to a teacher employed in such city.Second. By the setting aside by the board of education of such city of an amount which shall be not less than one and one-half times the amount of salary assessments, and not less than the amount necessary to meet the payments herein provided for, such amount and an amount to pay a portion of the principal and interest on bonds issued by cities under the authority of K.S.A. 12-1774, and amendments thereto, for the financing of redevelopment projects upon property located within the school district may be raised by special levy and none of the debt or tax limitations provided by law shall apply to such levy made under this act, except that in no event shall such levy in any one year exceed one mill on each dollar of assessed valuation of real and personal property located within the taxing district of said board of education.Third. By the receipt, by the gift or otherwise, of any real, personal, or mixed property, or any interest therein.History: L. 1911, ch. 280, § 1; R.S. 1923, 72-1726; L. 1935, ch. 257, § 1; L. 1979, ch. 52, § 169; July 1.
KS Stat § 72-2662 (2021)
2021 Kansas Statutes|Chapter 72 - Schools|Article 26 - School District Employee Retirement Systems|72-2662 Same; disbursement and investment of fund.

72-2662. Same; disbursement and investment of fund. Such a retirement fund when thus created and maintained or so much thereof as shall be necessary, shall be disbursed in the manner hereinafter set forth. And any surplus of fund not needed for immediate disbursement shall be invested by the board of education of such school district acting as trustees of such fund as provided in K.S.A. 72-17,125.History: L. 1911, ch. 280, § 2; R.S. 1923, 72-1727; L. 1935, ch. 257, § 2; L. 1973, ch. 282, § 1; July 1.