Session of 2000
         
SENATE BILL No. 437
         
By Committee on Ways and Means
         
1-19
         

10             AN  ACT concerning retirement and pensions; relating to the Kansas
11             public employees retirement system and systems thereunder; postre-
12             tirement benefit increase.
13      
14       Be it enacted by the Legislature of the State of Kansas:
15             Section  1. (a) The retirement benefit, pension or annuity payments
16       accruing after June 30, 2000, to each retirant and each local school an-
17       nuitant shall be increased by an amount equal to $1 for each year of
18       credited service as a health insurance cost supplemental benefit not to
19       exceed a total benefit increase of $50 and such benefit increase shall be
20       from the retirant's retirement system and shall be paid by such retirement
21       system to the retirant and the local school annuitant during such period.
22             (b) As used in this section:
23             (1) "Retirant" means (A) any person who is a member of a retirement
24       system and who retired prior to July 1, 2000, (B) any person who is a
25       special member of a retirement system and who retired prior to July 1,
26       2000, (C) any person who is a joint annuitant or beneficiary of any mem-
27       ber described in clause (A) or any special member described in clause
28       (B) and (D) any long-term disability benefit recipient.
29             (2) "Retirement system" means the Kansas public employees retire-
30       ment system, the Kansas police and firemen's retirement system, the state
31       school retirement system and the retirement system for judges.
32             (3) "Local school annuitant" means (A) any person who is an annui-
33       tant with 10 or more years of service, who is receiving an annuity, whose
34       annuity is not included, in whole or in part, in payments made to such
35       school district under K.S.A. 72-5512b and amendments thereto, and who
36       is not a member of a group I or of group II as defined in K.S.A. 72-5518
37       and amendments thereto, and (B) any person who is receiving an annuity
38       and who retired prior to September 1, 1981.
39             (4) "Long-term disability recipient" means any person receiving a
40       long-term disability benefit under K.S.A. 74-4927 and amendments
41       thereto prior to July 1, 2000.
42        Sec.  2. This act shall take effect and be in force from and after its
43       publication in the statute book.