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. Your position determines eligibility for this Plan. The Plan:
- You contribute 6% of gross pay to your account each paycheck
- 150% of annual salary provided life insurance for member
- Optional Life insurance available for member, spouse and child(ren)
- Long Term Disability can pay up to 60% of annual salary
Kansas Police and Firemen’s Retirement System (KP&F)
Throughout your career, you make contributions to KP&F which is a mandatory retirement system which also offers life insurance and disability benefits. Your position determines eligibility for this Plan. The Plan:
- You contribute 7.15% of gross pay to your account each paycheck
- Death benefits are based on service-connected or non-service connected death
- Optional Life insurance available for member, spouse and child(ren)
- Long Term Disability can pay up to 50% of annual salary
457(b) Defined Contribution Plan
The 457(b) Plan is administered by Empower Financial and is a retirement savings plan. The Plan benefits include:
- Automatic enrollment as a new hire at 1%. Opt out available. After one year in Plan, percentage increases by 1% automatically each year
- Before tax and Roth contributions up to annual contribution limits
- Multiple investment options available with a managed account and self-directed brokerage available