10-813a. Cancelled warrants issued pursuant to KPERS act; disbursement of fund; payment to certain claimants, limitations.
10-813a
10-813a. Cancelled warrants issued pursuant to KPERS
act; disbursement of fund; payment to certain claimants, limitations.
(a) Any balance accrued from any unpaid canceled warrant issued
pursuant to the Kansas public employees retirement act shall remain in the
Kansas public employees retirement fund and shall be disbursed in accordance
with provisions of law relating to such fund.
(b) The director of accounts and reports is authorized to make payment to
any claimant of the Kansas public employees retirement system entitled to such
payment for a claim on a warrant which was canceled pursuant to the provisions
of K.S.A. 10-811, and amendments thereto. Entitlement to claim payment on a
canceled warrant shall expire on the date four years from the date of
cancelation of such warrant. Any such payment shall be in an amount equal to
the 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.