SB 150 – Specifies that overtime or compensatory time is not included in certain retirement benefit calculations for the Missouri Department of Transportation and Highway Patrol Employees' Retirement System

• Sponsor: Griesheimer
• LR Number: 0941S.01I
• Committee: Veterans' Affairs, Pensions and Urban Affairs
• Last Action: 1/22/2009 - Second Read and Referred S Veterans' Affairs, Pensions and Urban Affairs Committee
• Journal Page: S172
• Effective Date: August 28, 2009

Current Bill Summary

SB 150 - This act specifies that any money paid after June 30, 2010, as overtime or compensatory time to members of the Missouri Department of Transportation and Highway Patrol Employees' Retirement System (MPERS) shall not be included in the calculation of average compensation for the closed plan and shall not be included in the calculation of final average pay for the year 2000 plan.

This act is similar to HB 347 (2009).

EMILY KALMER