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KPERS provides retirement, disability and death benefits for Kansas state and local public employees. The Retirement System has more than 325,000 members. We manage about $25 billion in assets for our members. The System also oversees KPERS 457, the state’s voluntary 457 (b) deferred compensation savings plan, which has plan assets in excess ... Welcome Retirees! Thank you for your public service! We're here to help, reach out with any questions. [email protected] | 1-888-275-5737 | 785-296-6166 Retiree Resources Next Payment Date: October 31 | 2023 Payment Calendar Payment & Benefit Details You need to apply to receives your benefits. They do not start automatically.KPERS is not responsible for the use of information obtained on this website. K.S.A. 74-4924(2). If there is a conflict between the information provided on this website and the Kansas Public Employees Retirement Act at K.S.A. 74-4901 et seq., any decisions will be based on the law and not the information on this website. Online Login to your account. Click on your retirement plan (KPERS, KP&F, Judges). Click Personal Profile from the left side menu. You'll see your current contact info.KPERS 1: If you are under age 45, a year of service generally costs about 6 percent of your annual salary (or final average salary, whichever is higher). KPERS 2: If you are under age 37, a year of service costs about 6 percent of your salary. After age 35, the actuarial cost increases significantly. KPERS 3: Costs are based on actuarial factors. Our 457 (b) plan is designed to meet the specific needs of public service professionals. That’s just one reason why we are the #1 choice for educators in K-12 schools 1 and a top choice for many other public service employees across the country. We’ve won the DALBAR Service Award for outstanding customer service seven years in a row 2 (2011 ...Plan participants may consider purchasing service credits when they directly transfer from a Section 403(b) tax sheltered annuity or governmental 457(b) plan ...Korey holds a Bachelor of Science degree in business administration, with an emphasis in marketing and professional training, from the University of North Dakota and has a background in account management and financial services. He started in February 2015 and serves as a Retirement Plan Counselor working with KPERS 457 participants. As part of KPERS, KPERS 457 is driven by the fiduciary standard. We are member-focused and not in business for profit. We are here for your benefit and to protect your long-term financial interests. Your Trusted Savings Companion Your KPERS pension and Social Security won’t be enough for a sound retirement. Saving on your own is important.Kansas Public Employees Retirement System (KPERS) Throughout your career, you make contributions to KPERS which is a mandatory retirement system which also offers life insurance and long term disability benefits. ... 457(b) Defined Contribution Plan. The 457(b) Plan is administered by Empower and is a retirement savings plan. The Plan benefits ...The Kansas Public Employees Retirement System, administers three statewide defined-benefit plans for state and local public employees. The System also oversees KPERS 457, a voluntary deferred compensation Plan for state and many local employees. Membership totals over 289,000 members.Governmental 457(b) Plan KPERS 457 - Douglas County Kansas 130112-01 Yes! I would like to enroll in the KPERS 457 - Douglas County Kansas and voluntarily contribute: $_____ per pay period of my eligible compensation on a Before Tax basis. I do not wish to contribute to the Plan at this time. Last Name First Name MI Social Security NumberRetirement readiness. 10 mins. From living expenses and budgeting to emotional and psychological impacts, learn more about how you can be ready for retirement. Shape up your savings / En Español. (PDF) Review your retirement account often to help ensure you’re tracking to your goals.

to withdraw your account balance within five years of the date you end employment. Your contributions earn interest for five years (two years for KPERS 3 members). After five years, you forfeit your service. KPERS 1 mem-bers who reach age 65 within the five-year period may apply for retirement benefits. Options To Consider Before You Withdraw A Section 457 plan is an employer-sponsored retirement plan much like a 401(k). It is offered to employees by non-profit organizations, is made up of pretax contributions, and requires yearly distributions at age 70 1/2. The Roth IRA is com...eligible governmental 457(b), 401(k), 403(b) or 401(a) plan (both Roth and pre-tax) or a traditional Individual Retirement Account (IRA) may be rolled over to the KPERS 457 Plan. You are encouraged to discuss rolling money from one account to another with your financial advisor/planner, considering any potential fees and/or limitations ofA deferred compensation plan is a voluntary retirement savings plan, like KPERS 457, for public employees. It can provide another source of retirement income, in addition to KPERS and Social Security, for a more sound retirement. KPERS is a savings companion to KPERS 457. KPERS oversees KPERS 457, so we know how they can work together.

457 (b) Plan Benefits. For employees, the key benefit of a 457 (b) plan is that the savings are tax-deferred: Contributions are made on a pre-tax basis, reducing taxable income and growing tax-deferred until withdrawal. 457 (b) plans also have the advantage of catch-up options. Employees over age 50 can contribute on top of the limit for the year.Governmental 457(b) Plan KPERS 457 - Douglas County Kansas 130112-01 Yes! I would like to enroll in the KPERS 457 - Douglas County Kansas and voluntarily contribute: $_____ per pay period of my eligible compensation on a Before Tax basis. I do not wish to contribute to the Plan at this time. Last Name First Name MI Social Security NumberKPERS is not responsible for the use of information obtained on this website. K.S.A. 74-4924(2). If there is a conflict between the information provided on this website and the Kansas Public Employees Retirement Act at K.S.A. 74-4901 et seq., any decisions will be based on the law and not the information on this website.…

Reader Q&A - also see RECOMMENDED ARTICLES & FAQs. Governmental 457(b) Plan KPERS 457 - Douglas. Possible cause: Jul 1, 2009 · KPERS 457 is a State of Kansas deferred compensation plan. It&.