HCS/HB 2056 – This act modifies the Public School Retirement System of Missouri (PSRS) and the Public Education Employee Retirement System (PEERS). This act allows for the establishment and maintenance of a retirement systems account for investment purposes; moneys from PSRS and PEERS may be combined in the account for investment purposes so long as the funds are accounted for and reported separately. This act is similar to a provision contained in SCS/SBs 1153, 1154, 1155 & 1156 (2008), a provision contained in SB 1156 (2008), and is similar to SB 1155 (2008). MICHAEL RUFF
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