UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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| Date of Report (Date of Earliest Event Reported): | | December 23, 2009 |
Federal Home Loan Bank of Topeka
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(Exact name of registrant as specified in its charter)
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| Federally Chartered Corporation | 000-52004 | 48-0561319 |
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(State or other jurisdiction | _____________
(Commission | ______________
(I.R.S. Employer |
| of incorporation) | File Number) | Identification No.) |
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| One Security Benefit Pl. Suite 100, Topeka, Kansas | | 66606 |
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(Address of principal executive offices) | | ___________
(Zip Code) |
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| Registrant’s telephone number, including area code: | | 785.233.0507 |
Not Applicable
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Former name or former address, if changed since last report
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 8.01 Other Events.
On December 23, 2009, the Federal Housing Finance Agency ("FHFA") approved the termination of the Federal Home Loan Bank of Topeka ("FHLBank") Directors’ Nonqualified Deferred Compensation Program ("Program"). On November 25, 2009, the Board of Directors of FHLBank, through its executive committee, voted to terminate the Program and submitted the action to the FHFA for approval. The Program allowed directors to defer all or a portion of their fees with earnings on the deferred fees credited to the director’s account based on average FHLBank return on equity. The Program will terminate effective December 30, 2009, and FHLBank will distribute all the associated account balances to the beneficiaries of the Program in a lump sum payment on December 30, 2010, or such date as required in accordance with Internal Revenue Code Section 409A and other applicable law.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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| | | Federal Home Loan Bank of Topeka |
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| December 29, 2009 | | By: | | /s/ Patrick C. Doran
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| | | | | Name: Patrick C. Doran |
| | | | | Title: SVP, General Counsel |
