Benefits Administration manages university, State of Kansas, and Kansas Board of Regents benefit programs and plans. The information below will assist you with your benefits.
Deferred Compensation (457) Plan Changes
All K-State employees are eligible to enroll in the deferred compensation (457) plan offered by KPERS. Deferred compensation is a supplemental retirement savings option that allows employees to set aside pre-tax money to an annual contribution limit established by the IRS. Employees do not need to be benefit eligible to participate in this employee plan. Please note, this plan is solely funded by the employee, the University does not make contributions to this plan.
Starting in January 2015, Great-West Financial began providing plan administration, record keeping, education and communication for the KPERS 457 Retirement Plan. Great West Financial replaced ING/Voya at the end of the year, December 31, 2014.