KPERS Membership
Throughout your career, you make contributions to KPERS. KPERS invests the money and pays you interest. You also build retirement credits while you work. When you retire, KPERS pays you a guaranteed monthly benefit. You also have life insurance and Long Term disability benefits as part of KPERS while you are still working.
Your Contributions
You contribute mandatory 6% of your salary from each paycheck. It’s automatic and pretax. Your contributions earn a guaranteed 4% annual interest, paid quarterly. There is also a possibility for additional interest, depending on KPERS’ investment returns. You can withdraw your account balance if you leave employment, but you can’t take a loan from your account while you are still working.
Vesting
After five years of service you are guaranteed a retirement benefit, even if you leave employment. This is called “vesting” your benefit.KPERS Tiers
KPERS has 3 Tiers that are based on when you became a member. Each Tier's benefits vary.
Please choose your tier below for a detailed description:
KPERS 1 hired Prior to July 1,2009