Session of 2023 SENATE BILL No. 172 By Committee on Ways and Means 2-7 AN ACT concerning retirement and pensions; relating to the Kansas public employees retirement system and systems thereunder; increasing the lump-sum death benefit; amending K.S.A. 74-4989 and 74-49,315 and repealing the existing sections. Be it enacted by the Legislature of the State of Kansas: Section 1. K.S.A. 74-4989 is hereby amended to read as follows: 74- 4989. (1) (a) Except as provided in paragraph (b), pursuant to the provisions of K.S.A. 74-49,128, and amendments thereto, upon the death of a retirant, the board of trustees of the Kansas public employees retirement system shall pay a lump-sum death benefit to: (i) The retirant's beneficiary which that shall not exceed $4,000 $6,000 for such retirant, less any amount payable for funeral benefits under the applicable provisions of any local police or fire pension plan, as defined by subsection (c) of K.S.A. 12-5001(c), and amendments thereto; or to (ii) a funeral establishment as directed by the retirant and filed in the office of the system prior to such retirant's death. (b) Notwithstanding the provisions of K.S.A. 74-4923, and amendments thereto, any amounts owed the system shall be deducted from such lump-sum death benefit. (2) As used in this section, "retirant" means any person who is a member or special member of the Kansas public employees retirement system, the Kansas police and firemen's retirement system, the state school retirement system or the retirement system for judges and who has retired. Sec. 2. K.S.A. 74-49,315 is hereby amended to read as follows: 74- 49,315. A member's beneficiary shall be determined as provided in the pre- 2015 plan. Upon filing a written application with the board after the death of a member receiving a benefit under subsections (a) or (b) of K.S.A. 74- 49,313(a) or (b), and amendments thereto, the member's beneficiary is entitled to a $4,000 the lump-sum death benefit as provided in K.S.A. 74- 4989, and amendments thereto. Sec. 3. K.S.A. 74-4989 and 74-49,315 are hereby repealed. Sec. 4. This act shall take effect and be in force from and after its publication in the statute book. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34