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Get Ks Kpers-15b 2017-2025

SAVE RESET PRINT FORM KPERS-15B Rev. 2/17 DIRECT DEPOSIT AGREEMENT For security reasons, do not submit form by email. Contact Us toll-free: 1-888-275-5737 phone: 785-296-6166 fax:.

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Retiring Early You can receive reduced benefits beginning at age 50 with 20 years of service. The earlier you retire, the more your benefit is reduced. Benefits are reduced by 0.4% for each month you are under age 55 retirement.

The average KPERS member retires at age 62 with 20 years of service. At age 62 with a final salary of $40,000, he will receive full KPERS benefits and a reduced benefit for early retirement from Social Security.

For example, KPERS retirement benefits are subject to Federal Income Tax, but exempt from Kansas Income Tax. YOU WILL NEED TO MAKE A SPECIFIC ENTRY on Schedule S to report these exempt benefits.

You'll need to withdraw your money within 5 years of ending employment. 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.

KPERS and Social Security won't be enough for a sound retirement. You need to save on your own, too. The easiest way to save is through a tax-sheltered employer plan like a 457(b) deferred compensation plan or a 403(b). Many employers offer these kinds of savings plans.

You need to withdraw your member contributions and interest within five years of the date you end employment. Your account earns interest for five years (two years for KPERS 3 members). After five years, you forfeit your service.

When Can You Retire? Age 65 with five years • Age 60 with 30 years • Reduced, early retirement beginning at age 55 with 10 years Throughout your career, you make contributions to KPERS. We invest the money and pay you interest. You also build retirement credits while you work.

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.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
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
DMCA Policy
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:
1-877-389-0141
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