CCS/SB 17 - This act modifies provisions relating to public employee retirement systems.LAGERS (Sections 70.600 and 70.631)
Under this act, each political subdivision may, by majority vote of its governing body, elect to cover certain employee classes as public safety personnel members of the Local Government Employees' Retirement System (LAGERS).
If the election is made, the coverage provision shall be applicable to all past and future employment with the employer by present and future employees.
This provision shall only apply to counties of the third classification, and Cape Girardeau County, and any political subdivision located in whole or in part within such counties.
These provisions are substantially similar to HB 568 (2019), HB 723 (2019), SB 124 (2019), and HCS/SB 468 (2019).
PSRS (Section 169.560)
Under current law, any person retired from the Public School Retirement System of Missouri (PSRS) may be employed by an employer included in the retirement system in a position that does not normally require a Missouri teacher certification. Such a person may earn up to 60% of the statutory minimum teacher salary without a discontinuance of the person's retirement allowance.
If any such person is employed in excess of the limitations, the person shall not be eligible to receive the person's retirement allowance for any month during which the person is employed.
This act exempts any person retired and currently receiving a retirement allowance from PSRS employed by a public community college from such provisions of law.
This provision has an emergency clause.
This provision is identical to HB 77 (2019).
PSRS & PEERS (Sections 169.141 and 169.715)
Under this act, any person receiving a retirement allowance through the Public School Retirement System of Missouri (PSRS) and the Public Education Employee Retirement System of Missouri(PEERS), who elected a reduced retirement allowance with his or her spouse as the nominated beneficiary may have the retirement allowance increased to the amount the retired member would be receiving, if the marriage of the retired person and the nominated spouse was dissolved by September 1, 2017, and such dissolution meets certain criteria set forth in the act.
These provisions are identical to HB 723 (2019).
MOSERS (Sections 215.030 and 260.035)
Under this act, all employees of the Missouri Housing Development Commission and the Environmental Improvement Energy Resource Authority shall be eligible for membership in the Missouri state employee's retirement system (MOSERS).
These provisions are identical to HB 563 (2019) and SB 185 (2019).
JOSIE BUTLER