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POLICY NUMBER: V I
SUBJECT: KENTUCKY PUBLIC EMPLOYEES DEFERRED COMPENSATION PLANS
APPLIES TO: STAFF AND FACULTY
EFFECTIVE DATE: July 1, 1993
REVISED FROM: February 17, 1990

KENTUCKY PUBLIC EMPLOYEES DEFERRED COMPENSATION PLANS

Deferred Compensation Plans for employees of state and local government are authorized under the United States Internal Revenue Code. The plans are established by Murray State University under the Kentucky Employees Deferred Compensation System. The System was created by state law and is administered by a Board of Trustees.

1. Available Information

   Information on the plans is available in Human Resources.

2. Enrollment in the Plans

   Enrollment in the plans must be made through the Kentucky Public Employees Deferred Compensation System by completing forms which the System provides to the enrollee.

3. Changes in Existing Plans

   Any amendments an employee wishes to make in an existing plan must be made directly with the Kentucky Public Employees Deferred Compensation System.