FIRST REGULAR SESSION
[P E R F E C T E D]
SENATE BILL NO. 316
91ST GENERAL ASSEMBLY
INTRODUCED BY SENATOR STOLL.
Read 1st time January 17, 2001, and 1,000 copies ordered printed.
Read 2nd time January 29, 2001, and referred to the Committee on Pensions and General Laws.
Reported from the Committee February 26, 2001, with recommendation that the bill do pass and be placed on the Consent Calendar.
Taken up March 7, 2001. Read 3rd time and placed upon its final passage; bill passed.
TERRY L. SPIELER, Secretary.
1124S.01P
AN ACT
To amend chapter 169, RSMo, by adding thereto one new section relating to certain school retirement systems.
Section A. Chapter 169, RSMo, is amended by adding thereto one new section, to be known as section 169.569, to read as follows:
169.569. 1. In accordance with the recommendations made pursuant to section 169.566, the public school retirement system of Missouri, the public school retirement system of the Kansas City school district, the public school retirement system of the St. Louis city school district and the nonteacher school employee retirement system of Missouri created pursuant to this chapter shall promulgate joint rules, which shall provide for the recognition of service toward retirement eligibility rendered by certified and noncertified personnel under any of the four systems. Such rules shall be limited to creditable service established with each system and shall in no event permit any transfer of creditable service or system assets.
2. Rules required pursuant to subsection 1 of this section shall be approved, and may be amended, by a majority of all of the trustees of each board of the four retirement systems. At least thirty days prior to the meeting of any board of one of the four retirement systems to vote on approving or amending such rules, a copy of the proposed rules or amendments shall be filed with the joint committee on public employee retirement.
3. Any rule or portion of a rule, as that term is defined in section 536.010, RSMo, that is created under the authority delegated in this section shall become effective only if it complies with and is subject to all of the provisions of chapter 536, RSMo, and, if applicable, section 536.028, RSMo. This section and chapter 536, RSMo, are nonseverable and if any of the powers vested with the general assembly pursuant to chapter 536, RSMo, to review, to delay the effective date or to disapprove and annul a rule are subsequently held unconstitutional, then the grant of rulemaking authority and any rule proposed or adopted after August 28, 2001, shall be invalid and void.