Kansas Department of Administration, Office of General Services
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Accounts and Reports

INFORMATIONAL CIRCULAR NO. 02-P-026 (Supersedes 98-p-014)
DATE:  December 21, 2000
SUBJECT: Deferred Compensation Limit
EFFECTIVE DATE:   January 1, 2001
A & R CONTACT: Janice Wolfley   (785) 296-3699   (janice.wolfley@da.state.ks.us)
APPROVAL: Approved by Dale Brunton
SUMMARY: Deferred Compensation Limit increased to $8,500

Per the Internal Revenue Service Informational Release 2000-82, the annual deferred compensation limit under Section 457(b)(2) has increased from $8,000.00 to $8,500.00 effective January 1, 2001.

Aetna will notify all Deferred Compensation Plan Participants that are currently at the limit, giving them the opportunity to increase their contributions. Please inform employees in your agency of this change.