Kansas Department of Administration

01-P-026 Deferred Compensation Limit (Supersedes 98-p-014)

Posted on October 21, 2021 at 12:50 PM by Kansas Department of Administration

DATE: December 21, 2000
SUBJECT: Deferred Compensation Limit
EFFECTIVE DATE: January 1, 2001
CONTACT: Janice Wolfley (785) 296-3699 (janice.wolfley@da.state.ks.us)
APPROVAL:
SUMMARY: Deferred Compensation Limit increased to $8,500

Per the Internal Revenue Service Informational Release 2000-82, the annual deferred compensation limit under Section 457(b)(2) has increased from $8,000.00 to $8,500.00 effective January 1, 2001.

Aetna will notify all Deferred Compensation Plan Participants that are currently at the limit, giving them the opportunity to increase their contributions. Please inform employees in your agency of this change.

DB:JJM:rdb

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