2016 Kansas Statutes
Chapter 74 STATE BOARDS, COMMISSIONS AND AUTHORITIES
Article 49 PUBLIC EMPLOYEES RETIREMENT SYSTEMS
74-4962 Payment of benefits.
74-4962. Payment of benefits. (1) All benefits except lump-sum benefits as provided in this subsection shall be payable in equal monthly installments, except that the board may provide for payment of benefits to a member's family in a single payment rather than separate payments to the member, to the widow or to minor children.
(2) Whenever the amount of any benefit is to be determined on the basis of actuarial assumptions, the assumptions shall be specified by the board in a way that precludes employer discretion.
History: L. 1965, ch. 447, § 12; L. 1998, ch. 64, § 74; July 1.
Disclaimer: These codes may not be the most recent version. Kansas may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
