USD 443 offers a variety of investment opportunities.
Employees of Kansas public school districts who work more than 630 hours per year are also members of KPERS, the Kansas Public Employees Retirement System. KPERS membership totals more than 260,000 active, inactive and retired members. They also manage approximately $11 billion in assets for members' benefits. As KPERS members, employees also receive:
Long-Term Disability, which takes effect after 6 months of being unable to work
A guaranteed retirement benefit for life
Basic life insurance and death benefits for active members
KPERS employees are classified into one of two tiers, depending on when they became a KPERS member:
Tier 1 - those who became members before July 1, 2009
Tier 2 - those who became members July 1, 2009 or after
Tax-Sheltered Annuity - 403(b)
Due to recent changes in regulations, our annuities are now maintained and serviced by a third-party administrator, CPI Qualified Plan Consultants, Inc.
403(b) Tax-Deferred Annuity
Individual Retirement Annuity
Approved 403(b) vendors include:
ASPire Financial, formerly known as 403(b) ASP
American Fidelity Assurance Co.
Security Benefit Life Insurance Co.
Additional Life Insurance
Texas Life Insurance (Permanent, Whole Life Coverage)
AFA Life Insurance (Term Life Coverage)