SCS/HCS/HB 2204 – The school board for each school district is required to annually provide a detailed financial statement to the Department of Elementary and Secondary Education containing names, total compensation packages, and any expenses made on behalf of the districts' superintendents, any assistant superintendents, and any consultant hired for administrative duties. Such information shall be published on the Department's website. This act modifies provisions relating to the Public School Retirement System of Missouri and the Public Education Employee Retirement System of Missouri. A retired member who elected to receive a reduced retirement allowance with a spouse as the nominated beneficiary may nominate a successor beneficiary if the marriage of the retired member and the nominated beneficiary is dissolved after the effective date of this act and the divorce decree provides for sole retention of the retirement allowance. In addition, the retired member's retirement allowance will be increased to the amount the member would have received had the member elected an unreduced retirement option. This act contains a provision similar to a provision contained in HCS/HBs 2040 & 2430 (2008). MICHAEL RUFF
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