This bill amends the retirement system for judges in Kansas by increasing the mandatory retirement age and adjusting the requirements for retirement benefits. Specifically, it raises the mandatory retirement age for judges from 75 to 80 years and requires judges to have more years of service before they can receive a reduction in member contributions. The maximum retirement benefit is also increased from 70% to 80% of the final average salary of the judge. The bill includes amendments to K.S.A. 20-2603, 20-2608, and 20-2610, while repealing the existing sections of these statutes.

Key changes in the bill include the adjustment of contribution rates for judges based on their years of service and age, as well as the stipulation that judges who retire and later return to service will have their retirement annuity suspended until they retire again. The bill also clarifies the calculation of retirement annuities based on the final average salary of judges, ensuring that the benefits reflect their service accurately. Overall, the legislation aims to enhance the retirement benefits for judges while ensuring that they contribute appropriately to the retirement fund throughout their careers.

Statutes affected:
As introduced: 20-2603, 20-2608, 20-2610