Osage County is back to normal with employee contributions to the Kansas Public Employee Retirement System after several months of falling behind and catching up.
KPERS Communications Officer Emily Wilson says Osage County was listed as fully rectified this month after issues apparently began developing in May. Osage County was facing a $10,000 interest-based penalty as this process got started. The number was trimmed to $8,000 as repayment began. It is unclear if the remainder was also waived.
Both KPERS Executive Director Alan Conroy and Osage County Clerk Michelle Morris say issues with a payroll processing software system were the likely cause.
KPERS policy has employers submitting reports for each plan and pay cycle, triggering an invoice and a three-business-day window for the employers to make contribution payments. Wilson stresses late contribution payments or reports by employers does not “disadvantage” affected employees and does not impact or delay a KPERS members’ retirement date.
