KPERS 2022 Pension Payments

State law prohibits the release of retiree and beneficiary names, so each recipient is identified only as a member or beneficiary of a member. The agency listed is the one that last employed the individual. Retirees have the option of receiving regular monthly payments or taking a one-time lump sum distribution and reduced monthly payments. They may also elect to take reduced monthly payments so that a surviving spouse (beneficiary) can continue to receive payments beyond the retiree’s death.  Unlike private sector retirees, KPERS benefits are not subject to state income tax; participants pay income tax on the portion they pay into the plan but they never pay tax on the majority of their benefits that are funded by taxpayers. This year, the lump includes DROP benefits. Data obtained in Open Records requests.