Kan. Admin. Regs. § 91-29-7 - Participating employee to select company

Current through Register Vol. 41, No. 25, June 23, 2022

It shall be the responsibility of each participating employee to select the company and the type of annuity contract to be purchased on his or her behalf and to evaluate the tax sheltered status provided by such contract. The state board shall not assume such responsibilities. The soliciting companies, through their agents, shall provide for said fiscal officers a maximum reduction allowance calculation for each participating employee.

Notes

Kan. Admin. Regs. § 91-29-7
Authorized by K.S.A. 76-11a03; effective, E-78-6, Jan. 20, 1977; amended, E-78-11, March 24, 1977; effective May 1, 1978.

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