HB 358 Modifies provisions of the retirement plan of the Police Retirement System of St. Louis
Sponsor: Schmitt
LR Number: 0380L.02T Fiscal Note: 0380-02T.ORG
Committee: Jobs, Economic Development and Local Government
Last Action: 5/2/2011 - Signed by Governor Journal Page: H1741
Title: Calendar Position:
Effective Date: August 28, 2011
House Handler: Leara

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Current Bill Summary


HB 358 - This act modifies provisions of the retirement plan of the Police Retirement System of St. Louis to refer to federal tax law requirements, including provisions regarding annuity distributions, rollovers to individuals' retirement accounts and from other retirement plans and accounts, and the annual amount allowed to be distributed to a member.

The act also requires that if a member of the retirement system dies in qualified military service, then the member's surviving spouse or other dependents will be entitled to the benefits that would have been provided if the member had died while a police officer.

This act is similar to SB 152 (2011) and SA 1 to HB 2357 (2010).

EMILY KALMER