SB 152 – Modifies provisions of the retirement plan of the Police Retirement System of St. Louis

• Sponsor: Crowell
• LR Number: 0567S.01I
• Committee: Veterans' Affairs, Emerging Issues, Pensions and Urban Affairs
• Last Action: 1/27/2011 - Second Read and Referred S Veterans' Affairs, Emerging Issues, Pensions and Urban Affairs Committee
• Journal Page: S160
• Effective Date: August 28, 2011

Current Bill Summary

SB 152 - 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 HB 358 (2011) and SA 1 to HB 2357 (2010).

EMILY KALMER