72-17,101. Same; retirement and payment; conditions.
72-17,101
72-17,101. Same; retirement and payment; conditions.Any teacher or other public school employee who has been credited underthe rules and regulations of such board of education with an aggregate ofthirty years of teaching experience or other employment, and has attainedthe age of sixty years, may be retired by the board of education. Anyteacher or other public school employee so retired under the foregoingprovisions of this section, provided that at least twenty years of suchaccredited teaching experience or other employment shall have been in thepublic schools of cities of the first class of the state of Kansas, shallbe entitled to receive from such retirement fund, so long as such teacheror other public school employee may live, equal monthly payments, whichshall aggregate one-half of such teacher's or other public schoolemployee's annual salary for the last ten years of such teaching oremployment, except that no such teacher or other public school employee whois so retired shall receive more than $1,500 per annum. Any teacher orother public school employee who has been credited under the rules andregulations of such board of education with an aggregate of thirty years ofteaching experience or employment, but who has not reached the age of sixtyyears, may be retired by the board of education.
Any teacher or other public school employee so retired under theforegoing provisions of this section, provided that at least twenty yearsof such accredited teaching experience or other employment shall have beenin the public schools of cities of the first class of the state of Kansas,shall be entitled to receive from such retirement fund, so long as suchteacher or other public school employee may live, equal monthly payments,which shall aggregate one-third of such teacher's or other public schoolemployee's annual salary for the last ten years of such teaching oremployment, except that no such teacher or other public school employee whois retired prior to reaching sixty years, shall receive more than ninehundred dollars per annum, and no such teacher so retired shall receiveless than five hundred dollars per annum, and no other public schoolemployee shall receive less than $365 per annum: Provided, however,That no teacher or other public school employee shall receive either suchpension without paying into the fund by way of assessments or otherwise,not less than the amount of the first annual pension to which such personshall be entitled, and in order to make up such an amount the board ofeducation may provide for any deficiency by deducting the necessary amountfrom the first year's pension payments in equal amounts each month.
History: L. 1947, ch. 384, § 3; July 1.