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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 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 457(b) Plan, ofered since 1975, is a deferred compensation plan authorized by Section 457(b) of the U.S. Internal Revenue Code for employees of the Kentucky state government, schools and universities, and local governments. 457(b) Plan features.
The Kentucky deferred compensation (KDC) plan allows employees to defer a portion of their income for a later date or retirement. State employees, including public school teachers, can...
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.
Through the automatic enrollment feature, all new full-time employees hired by the Commonwealth of Kentucky Executive Branch, Administrative Ofice of the Court, and the Legislative Research Commission will be automatically enrolled in the Kentucky Deferred Compensation Plan (KDC).