19-P-005 Revised FY 2019 KPERS Employer Contribution Rate for Judges (October 9, 2018)
Posted on October 21, 2021 at 12:51 PM by Kansas Department of Administration
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Informational Circular No. |
19-P-005 |
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Effective Date: |
Pay Period Beginning June 17, 2018; Ending June 30, 2018; Paid July 13, 2018 |
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Contact Name: |
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| Approval: | Nancy Ruoff (Original Signature on File) |
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Summary: |
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The fiscal year 2019 KPERS employer contribution rate for Judges (retirement codes J1, J2, and J3) was incorrectly certified by KPERS at 15.89%. The correct employer contribution rate for fiscal year 2019 is 14.68%. The rate will be corrected for paychecks dated October 19, 2018. Statewide Payroll will be working with KPERS to enter a general journal in SMART to refund all state agencies affected by the incorrect rate.
The attachment to this informational circular is the amended Attachment A to Informational Circular 18-P-023 previously issued on June 26, 2018. This amendment updates the employer contribution rate for judges retirement codes J1, J2, and J3.
The Office of the Chief Financial Officer, Payroll Systems Team will update the SHARP system to reflect the changes in employer’s contribution rates. Regents’ institutions are responsible for ensuring the changes in rates are made in their individual systems.
DH:NTR:abe
Amended Attachment A
Printable Version of 19-P-005
