SB 1384 - This act gives any member of the Public School Retirement System who after the division of total unused sick leave by 168 hours retains any balance of unused sick leave hours, an additional full month of creditable service for retirement purposes within Section 104.601, RSMo. The act also removes the prohibition of using unused sick leave to reach the time of vesting within the retirement system.
The act allows that if a member terminates employment and is eligible to receive an annuity pursuant to the year 2000 plan, or becomes a vested former member at the time of termination, the member's or former member's unused sick leave who after the division of total unused sick leave by 168 hours retains any balance of unused sick leave hours, an additional full month of creditable service for retirement purposes within Section 104.601, RSMo. The act also removes the prohibition of using unused sick leave to reach the time of vesting within the retirement system.
RICHARD MOORE