Public School Retirement System
of the School District of Kansas City, MO
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Public School Retirement System
of the School District of Kansas City, MO
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KCPSRS operates a
qualified pension plan under provisions of the Internal Revenue Code, Section
401(a). The advantages of being a qualified plan include: ·
tax-sheltering of mandatory retirement
contributions in the year that they are made to KCPSRS; ·
deferral of income taxes on contributions until
your retirement, at which time your effective tax rate may be lower; and ·
tax-free accumulation of interest credited to
you by KCPSRS. To maintain our
qualified pension status, we must meet certain Internal Revenue Service
requirements, including: ·
annual benefit, salary, and contribution
limitations, ·
compensation that may be reported for benefit
calculation purposes, benefit eligibility provisions, ·
benefit distribution limitations, and ·
rollover restrictions. Service is our passion and we are dedicated to complying with all requirements for qualified plans. |
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Send mail to webmaster@kcpsrs.org with
questions or comments about this web site.
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