10-813a

Chapter 10.--BONDS AND WARRANTS
Article 8.--WARRANTS

      10-813a.   Cancelled warrants issued pursuant to KPERSact; disbursement of fund; payment to certain claimants, limitations.(a) Any balance accrued from any unpaid canceled warrant issuedpursuant to the Kansas public employees retirement act shall remain in theKansas public employees retirement fund and shall be disbursed in accordancewith provisions of law relating to such fund.

      (b)   The director of accounts and reports is authorized to make payment toany claimant of the Kansas public employees retirement system entitled to suchpayment for a claim on a warrant which was canceled pursuant to the provisionsof K.S.A. 10-811, and amendments thereto. Entitlement to claim payment on acanceled warrant shall expire on the date four years from the date ofcancelation of such warrant. Any such payment shall be in an amount equal tothe amount denoted on the canceled warrant less 10% thereof not to exceed $30,whichever amount is less.

      History:   L. 1980, ch. 228, § 1;L. 2005, ch. 196, § 1; May 19.