Voluntary Savings
The State of Kansas, Kansas Board of Regents and Kansas State University offer the following savings plans for employees.
Kansas State University offers additional ways to save for retirement. These retirement programs can be started, changed or stopped at any time. Contributions are withheld from your paycheck bi-weekly.
Who Pays: These optional retirement programs are voluntary and comprised of employee contributions only. No university contributions are made. Contributions may be pre-tax, after-tax, or a combination to the maximum allowed by the IRS. You are 100% immediately vested in these retirement programs.
What Are the Options? There are two different Optional Savings Plans. The KBOR Voluntary Retirement Plan (available to benefits-eligible employees only) and the KPERS 457 Deferred Compensation Plan (available to all employees).
How Do I Sign Up? After selecting a provider you will need to contact them to enroll in an account. They will assist you with selecting your investment and assigning beneficiaries. The KBOR Voluntary Retirement Plan requires that in addition you submit the appropriate salary reduction agreement (linked below) to benefits@ksu.edu.
Related Information
Forms:
- Investment Agreement - Voluntary Pre-Tax Retirement Plan (PER-19)
- Investment Agreement - Voluntary Roth After-Tax Retirement Plan (PER-19R)
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Related KSU Policy and Procedures Manual Chapter:
Related Information:
