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SAVE RESET PRINT FORM KPERS-15B Rev. 1/11 DIRECT DEPOSIT AGREEMENT n Note You can submit a direct deposit agreement electronically instead of mailing this paper form. Login to the member web portal at www. kpers.org. See instructions on page 2 for more information. n Contact Us toll free 1-888-275-5737 phone 785-296-6166 fax 785-296-6638 e-mail kpers kpers.org web site www. If you are depositing into a savings account contact your financial .

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New teachers starting out in Kansas can retire with their full benefits when they reach 65 years of age and have accrued at least five years of service, or when they reach 60 years of age and have accrued at least 30 years of service.

Your account earns interest for 5 years (2 years for KPERS 3 members). There's a 31-day waiting period after you end employment before you can withdraw. When it's time, submit the withdrawal form and we'll send your refund within 4-6 weeks. The form tells you about your options on how to receive your money.

Your online account gives you secure access to all your account data. You can check things like your contributions and interest, service credit, membership date, final average salary, beneficiary designation and annual statements. The 85-point rule is when your age and years of service added together equal 85.

If you do not roll over your lump sum, KPERS is required to withhold 20% for federal taxes. You may owe additional federal taxes and possibly a 10% federal penalty if you are under age 59 ½.

Retiring on the last day of the month is typically the best option. This enables you to collect all your paychecks during this period. You can also benefit from collecting any holiday pay that might be offered by your employer for that month.

The 85 factor is calculated by adding together your age and years of pensionable service at retirement. If the total equals at least 85 points, you're entitled to an unreduced PSPP pension as early as your 55th birthday.

20-2610, and amendments thereto, based upon the normal retirement age of 62 reduced by an amount equal to the product of (1) such annual retirement annuity payable had the judge retired on the normal retirement date, multiplied by (2) the product of .

KPERS members vest their benefit with five years of service. Your vested status is an important consideration when deciding whether to withdraw your member contributions and interest. You are guaranteed a monthly retirement benefit for the rest of your life if you leave your contributions in your account.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232