K.S.A. § 74-49,305

- Member contributions.

Year: 2026Length: 77 wordsSubsections: 1Official source
74-49,305. Member contributions. (a) An active member shall contribute 6% of compensation to such member's annuity savings account. Such contributions shall be picked up by the employer via a salary reduction as provided in section 414(h)(2) of the federal internal revenue code. An employer may not pick up these contributions without a corresponding salary reduction as provided in section 414(h)(2) of the federal internal revenue code. (b) A member may not make voluntary contributions to the plan.
K.S.A. § 74-49,305: - Member contributions. | Justis AI