|DATE:||December 4, 2003|
|SUBJECT:||Change in KPERS Employer Contribution Rates for Correction Officer Groups A & B|
|EFFECTIVE DATE:||The Pay Period beginning November 23, 2003 and ending December 6, 2003, paid December 19, 2003.|
|CONTACT:||Roger Basinger||(785) 296-5387||Roger.Basinger@da.state.ks.us|
|SUMMARY:||Change In KPERS Employer Contribution Rates for Correction Officer Groups A & B|
The Kansas Public Employees Retirement System (KPERS) notified the Division of Accounts and Reports that the employer contribution rate for Correctional Officers Groups A & B was modified to 3.15% and 2.68%, respectively, for the remainder of fiscal year 2004. The modified rates are effective for the pay period beginning November 23, 2003 and ending December 6, 2003, paid December 19, 2003.
The Division of Accounts and Reports, Payroll Systems Team is responsible for making the necessary updates to the SHARP payroll system. Regents' institutions are responsible for ensuring these changes are reflected in their individual systems.