Friday April 8,1988
THE UNIVERSITY DAILY KANSAN
Published since 1889 by the students of the University of Kansas
Vol. 98, No.130 (USPS 650-640)
School retirees may be eligible for tax refunds
By Kevin Dilmore Kansan staff writer
Retired employees of Board of Regents schools who contributed to certain retirement funds might be eligible for tax refunds that could amount to several thousand dollars, a state legislative committee member said yesterday.
Oscar Haugh, secretary of the state legislative committee on the American Association of Retired People, said he had received word from his organization's legal counsel that two state statutes could make benefits paid from two Board of Regents retirement funds tax exempt.
The statutes are numbered K.S.A.
74-4923b and K.S.A. 74-4925d.
If the money is ruled tax exempt, employees that contributed to those funds could receive a refund on the amount of state taxes they paid on money in those accounts in the last four years.
The funds are the Teachers Insurance and Annuity Association and the College Retirement Equities Fund
College Retirement Equities Fund
Lake Littleton, director of the
tions include the University of Kansas, Kansas State University, Wichita State University, Emporia State University, Fort Hays State University, Pittsburg State University and the Kansas Institute of Technology in Salina.
Should the tax exempt claim be determined legitimate, Luttjohann said that Kansas' four-year statute of limitations would allow retirees to file amended tax returns dating back to 1984 to receive a refund and that if retirees were speedy enough to beat the April 15 tax deadline, their 1983 returns also would be eligible
Haugh said that he and the AARP had been working toward the refund for more than a month, after the discovery of the statute.
"Our group researched the program and found out something that never should have happened," he said. "I have lost thousands of dollars, and I wouldn't be surprised if the refund ran into several million dollars.
"Our job is to protect retired people; and this time, I think we have uncovered a real flasco."
Bill Broeker, Leavenworth freshman, and Howie Erenberg, Iowa City, Iowa, freshman, show their wall of KU basketball clippings.
Dave Niebergall/KANSAN
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Special Edition NCAA Champions see B section
1 for all the pictures.
2 he had to make a decision
this week if we wanted to sue.
Frenberg said.
is time consuming," Broeker
"But it's just like taking a
if film and getting it devel-
" It's memories."
eker and Erenbergs decided the pictures for the apart- they are sharing next year using them to a big piece of
will be a lot easier taking the but than it was putting them roeker said.
Broeker and Erenberg are room for one more picture r vast collage.
Larry Brown comes back, ggest picture will be of Dick washing the floor," Erenaid.
more than 1,000 univer-
protesting the forced
man suspected of ink-
king of a U.S. drug
ent Reagan's sending of
oops to Honduras last
ents bassy
duran officials took out
teros from his Tegucigalpa
aid and husted him without a
to the Dominican Republic.
e officials put Matta on a
and he was arrested aboard
arshels, according to U.S.
als.
unex. He did say that Hondued on the crowd.
he troops at the request of a Hoyo after Nicaragua is reportedly entered Honlater returned home.
maximum-security federal was wanted by U.S. officials 1985 slaying of a U.S. Drug agent in Mexico. were demonstrating against s of 3,200 U.S. troops in
eless
condition to exist," Swall
oudn't depend on govern- alone. It takes everyone. to help and make people
e fight against hunger is
of KU's War on Hunger
obstonn, president of the
erce. The panelists took
KU student body presi-
dence of the Lawrence High
mbers of the audience