04-P-009 Voluntary Tax Sheltered Annuity Investment Option Change
Posted on October 21, 2021 at 12:50 PM by Kansas Department of Administration
|DATE:||October 20, 2003|
|SUBJECT:||Voluntary Tax Sheltered Annuity Investment Option Change|
|EFFECTIVE DATE:||October 17, 2003|
|CONTACT:||Abby Moore||(785) email@example.com|
|SUMMARY:||Voluntary Tax Sheltered Annuity Investment Option Change|
Please be advised that an additional Investment Option number (#696) for the Teachers Insurance Annuity Association (TIAA-CREF) has been added to the Savings Plan Table. The current Investment Option (#695) represents contributions to the TIAA-CREF mandatory retirement plan. The new option #696 will represent contributions to TIAA-CREF for the voluntary supplemental plan.
The Division of Accounts and Reports, Payroll Systems Team is responsible for making any necessary updates to the SHARP payroll system. Regents' institutions are responsible for ensuring this change is reflected in their individual systems.
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