(g) “School annuity” shall mean the total annual payment due to
any school annuitant. Such annual payments shall continue for life, and
be paid in equal periodical installments.

(h) “Service annuity” shall mean that part of the school annuity
which is based upon the service record of the person concerned, and
which is paid by the state.

(i) “Savings annuity” shall mean that part of the school annuity
which results from the accumulated contributions of the school employee
and interest thereon.

(j) “Disability annuity” shall mean a school annuity granted to
a school employee who suffers such physical or mental disability as to
be unable to perform school service.

(k) “Standard annuity” shall mean the school annuity which is
granted to a school employee at age sixty-five, as prescribed by this
act. This standard annuity shall be used as the basis in computing
actuarially equivalent annuities granted at ages other than sixty-five.

(1) “Service record” shall mean the individual record kept by the
board for each school employee. It shall show the number of school
years of school service, the salary or wages earned, the date of birth,
and such other date as the board may require.

(m) “Age” and also “attained age’’ shall mean the age on the
birthday occurring in the calendar year under consideration.

(n) “Deductions” shall mean the amounts withheld, as provided
in this act, from warrants issued in payment for school services.

(0) “Actuarial computation” shall mean computation in accordance
with some standard actuarial table. The board shall determine which
one of the standard actuarial tables shall be used.

Src. 2. There is hereby created the state school retirement fund of
Kansas, and the state school retirement board of Kansas for its adminis-
tration.

Src. 3. The board shall consist of six members: The state superin-
tendent of public instruction, who shall also be chairman of the board;
the state treasurer, who shall also be custodian of all funds of the board;
two school employees, each to be appointed by the governor from a list
of three to be submitted by the state board of education; and two other
persons to be appointed by the governor. Vacancies among the appointed
members of the board shall be filled by appointment in the same way;
and those so appointed shall serve for the unexpired terms. Not more
than two of the appointive members shall belong to the same political
party; and at least two of the appointed members serving at any time
shall reside in counties wherein there is no city with more than eight
thousand population. Members shall serve without compensation; but
they shall be reimbursed for expenses incurred in the performance of
their duties.

Sec. 4. At the first appointment, the governor shall designate the
terms of the appointed members, to begin at once and to run respectively
one, two, three and four years from July 1, 1941. Thereafter, appoint-
ments shall be for four years each in rotation, and the appointees shall
take office on July first.