72-17,109. Retirement systems under 72-1788 to 72-1796; definitions.
72-17,109
72-17,109. Retirement systems under 72-1788 to 72-1796;definitions.Unless a different meaning is clearly required by the context, thefollowing words and phrases as used in this act shall have the followingmeanings:
(1) "Board" shall mean the board of education of any city of thefirst class operating a retirement system under the provisions ofK.S.A. 72-1788 to 72-1796, inclusive.
(2) "Actuarial equivalent" shall mean a monthly life annuity, theamount of which shall be determined by an actuarial computation asprovided in subsection (o) of K.S.A. 72-5501.
History: L. 1951, ch. 409, § 1; June 30.