SB 1401
Provides that the Commissioner of Administration shall request a certain amount of the Missouri State Employees' Retirement System employer contribution rate for certain state colleges and universities
Sponsor:
LR Number:
5573S.01I
Committee:
Last Action:
2/8/2024 - S First Read
Journal Page:
Title:
Effective Date:
August 28, 2024

Current Bill Summary

SB 1401 - Beginning on August 28, 2024, in the event that the Board of the Missouri State Employees' Retirement System ("MOSERS") certifies a contribution rate that exceeds 28.75%, the Commissioner of the Office of Administration shall include in its appropriation request an amount equal to the difference between the certified contribution rate and 28.75% of the compensation of members who are employees of certain state higher education institutions.

KATIE O'BRIEN

Amendments

No Amendments Found.