Board of Regents
The Kansas Board of Regents partners with KPERS to provide basic life insurance, optional life insurance & disability benefits for employees.
Basic Life Insurance
You have basic group life insurance equal to 150% of your annual salary. The cost of this benefit is paid by your employer. You can name different beneficiaries for your life insurance and retirement benefits. See Naming Your Beneficiary for details. Life insurance ends when you leave employment. However, you can continue coverage on your own.
Optional Life Insurance
Optional group life insurance (OGLI) is coverage beyond your basic life insurance. You pay the cost of this coverage through payroll deduction.
Coverage amounts range from $5,000 to $400,000 in $5,000 increments. New employees are eligible for $250,000 of guaranteed coverage (without proof of good health) within 31 days of their hire date. You must provide proof of good health for amounts over $250,000.
Guaranteed Coverage (No Health Questions):
|Annual open enrollment||up to $50,000 increase||up to $25,000 increase||$10,000 for $1/mo or $20,000 for $2/mo|
|New hire||up to $250,000||up to $25,000||$10,000 for $1/mo or $20,000 for $2/mo|
|*Family status change||up to $50,000 increase||up to $25,000 increase||$10,000 or $20,000|
Anytime Coverage (Some Health Questions):
|Choice of $5,000 increments||$5,000 min
Other Optional Insurance Details
- You can start or increase coverage any time with proof of good health.
- With the "Accelerated Death Benefit," if you are diagnosed as terminally ill with 24 months or less to live, you may be eligible to receive up to 100 percent of your life insurance instead of your beneficiary receiving the insurance amount.
Basic and Optional Group Life Insurance Brochure (PDF, 348KB)
Optional Group Life Insurance Enrollment Form (PDF, 571KB)
Disability benefits are based on 60% of your annual salary. You must be disabled for 180 days and no longer receive employer compensation. Your employer provides this benefit. You will continue to build your retirement benefit and have basic life insurance coverage. You can also continue any optional life insurance coverage.
To be considered disabled:
- First 24 months: You must be unable to perform the material and substantial duties of your regular occupation.
- After 24 months: You must be unable to perform the material and substantial duties of any occupation
Important! If you were disabled before January 1, 2006, you are covered under a different plan. Please contact us for help.
To apply for KPERS disability benefits, contact your Human Resources office.
If you die from an on-the-job accident, your spouse receives a monthly benefit based on 50% of your final average salary, less Workers' Compensation. The minimum benefit is $100 per month. He or she also receives a $50,000 lump-sum payment. This is in addition to your life insurance. Children and dependent parents may be eligible for a benefit if there is no living spouse.
Working After Retirement
Working after retirement rules changed July 1, 2016.
Kansas law requires a 60-day waiting period for KPERS retirees who return to work for Retirement System employers, this includes working in a KBOR position. KP&F retirees have a 30-day waiting period. Your waiting period begins the day after your retirement date. Not the last day at your employer or your last day on payroll. Your retirement date is always the first day of a month.
Before retirement and during your waiting period, you can’t have a prearranged agreement to return to work. Not allowing prearrangements is very important to KPERS. It helps keep our eligible status with the IRS.
If you are found to have a prearrangement to return to work, your retirement benefit will be suspended. This would start the month you return to work and end 6 months after you quit working.
If you go back to work for any KPERS employer, you’ll have a $25,000 earnings limit each calendar year. This includes part-time and seasonal positions, as well as retirees hired by a third-party contractor to provide services to a KPERS employer. But there are a few exemptions. You won’t make KPERS contributions or earn more KPERS service. But your employer will make working-after-retirement contributions to KPERS.How the Limit Works
If you reach the earnings limit, you can:
- Stop working for the rest of the calendar year. You’ll still get your retirement benefit.
- Keep working. But your retirement benefit will stop for the rest of the calendar year. Your benefit will start again in January or if you stop working. Whichever happens first.