Kansas Board of Regents Plan

The Kansas board of regents Mandatory Retirement Plan is a defined contribution retirement plan for unclassified Kansas board of regents faculty and staff.  All eligible unclassified faculty and staff shall participate in the plan after completing one year of service.  Eligible faculty and staff may, under certain circumstances, be qualified to enroll immediately upon employment.  The major features of this plan are:  

• Employee contributions are currently 5 ½ percent of gross compensation and are tax deferred.
• Employer contributions are currently 8 ½ percent of gross compensation. 
• Vesting is immediate. The current value of the combined employee and employer contributions is  payable to beneficiaries if the employee dies before retirement. 

The employee may select from two approved Investment Providers for the management of their retirement contributions.

Additional information about the Mandatory Plan can be found in the Your Future, Your Choice brochure (PDF).

 The two Investment Providers are:

1. ING
2. TIAA-CREF