SB 479 - This act eliminates retirement benefits for members of the General Assembly and statewide elected officials who first take office on or after January 1, 2013. A retired state employee who retired under the Year 2000 plan and holds one of these elected offices for the first time on or after January 1, 2013 will also be prohibited from receiving retirement benefits from the Missouri State Employees' Retirement System or the Missouri Department of Transportation and Highway Patrol Employees' Retirement System during his or her term of office. This act also eliminates basic life insurance and disability insurance coverage for these elected officials, but gives the official the option to purchase life insurance and disability insurance through the state. These elected officials will be required to pay all of the cost of the premiums for any health insurance they choose to receive from the Missouri Consolidated Health Care Plan and are prohibited from receiving any contribution from the state towards their retiree health insurance premium.
MIKE HAMMANN