Kansas Proposal to Approve Directors' Compensation Plan with copy of plan

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Multi-State
Control #:
US-CC-14-175M
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Word; 
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Description

This is a detailed model Directors' Deferred Compensation Plan under which common stock is issued to each outside director in payment of one-half of director's annual retainer fee. Adapt to fit your specific facts and circumstances. Don't reinvent the wheel, save time and money.
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  • Preview Proposal to Approve Directors' Compensation Plan with copy of plan
  • Preview Proposal to Approve Directors' Compensation Plan with copy of plan

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FAQ

Secretary Adam Proffitt Secretary Proffitt also serves as the Director of the Budget, a role that he has held since December 2020.

KPERS 457 makes them clear, fair and as low as possible. The annual service/oversight rate is divided by 12 and deducted monthly based on a participant's account balance. That means for every $1,000 invested, the administrative cost is $1.88 a year.

Average State of Kansas hourly pay ranges from approximately $12.58 per hour for Nurse's Aide to $30.47 per hour for Project Manager. The average State of Kansas salary ranges from approximately $29,395 per year for Shipping and Receiving Clerk to $78,899 per year for Director.

Secretary Adam Proffitt As Budget Director, he serves as the chief financial advisor to the Governor and works to construct a budget that is both sustainable for the State of Kansas, and also reflects the Governor's policy priorities.

All State agencies and many local employers offer KPERS 457, an optional deferred compensation plan. With KPERS 457, you choose how much to save and can get started with as little as $12 a paycheck.

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Kansas Proposal to Approve Directors' Compensation Plan with copy of plan