2006 Kansas Code - 75-5529b

      75-5529b.   Same; conditions for local government employee participation; effect. The governing body of any local government of the state of Kansas, which is defined as an eligible employer by K.S.A. 74-4902 and which has agreed to participate in the Kansas public employees deferred compensation plan, may establish such conditions as the governing body deems advisable to govern the terms of agreement for the voluntary participation of its employees in such plan. Any amount of an employee's salary or compensation that is deferred under such agreement shall continue to be included as regular compensation for all purposes of computing retirement and pension benefits earned by such employee, but any sum deferred or deducted shall not be subject to any state or local income tax for the year in which such sum is earned but shall be subject to applicable state and local income taxes for the year in which such sum is received by the employee.

      History:   L. 1982, ch. 335, § 2; July 1.