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Kentucky Public Employees’ Deferred Compensation Authority (KDC) is authorized under the Kentucky Revised Statutes (18A.230 – 18A.275) to provide administration of tax-deferred supplemental retirement plans for all state, public school and university employees, and employees of local political subdivisions that have elected to participate.
The Kentucky Public Employees’ Deferred Compensation Authority (Kentucky Deferred Comp or KDC) is THE OFFICIAL SUPPLEMENTAL RETIREMENT SYSTEM FOR THE EMPLOYEES OF THE COMMONWEALTH OF KENTUCKY, PUBLIC EDUCATION, AND LOCAL PROGRAMS. KDC is authorized by KRS 18A.230—18A.350.
Kentucky Public Employees’ Deferred Compensation Authority (KDC) is authorized under the Kentucky Revised Statutes (18A.230 – 18A.275) to provide administration of tax-deferred supplemental retirement plans for all state, public school and university employees, and employees of local political subdivisions that have elected to participate.
Kentucky Deferred Compensation (KDC) is a supplemental retirement savings plan ofered to all state, public school and university employees, and employees of local political subdivisions that have elected to participate.
Beginning July 1, 2019, all new full-time employees hired by the Commonwealth of Kentucky Executive Branch, Administrative Office of the Court, and the Legislative Research Commission will be automatically enrolled in the Kentucky Deferred Compensation 401(k) Plan.
KDC ofers supplemental retirement plans for all state, public school and university employees, and employees of local political subdivisions that have elected to participate. We ofer pre-tax and after-tax options in our 457(b), 401(k) and IRA Plans. Website: kentuckydcp.ky.gov. Phone: 1-800-542-2667.
Refunds from your account may be paid directly to you or can be rolled over to another qualified retirement plan. If you elect to receive a direct payment, KPPA is generally required to withhold 20% for federal income taxes.
