| SB 0925 | Modifies St. Louis City Firefighters' Retirement System |
| Sponsor: | Scott | |||
| LR Number: | S3932.01P | Fiscal Note: | 3932-01 | |
| Committee: | Corrections and General Laws | |||
| Last Action: | 05/15/98 - H Inf Calendar S Bills for Third Reading | Journal page: | ||
| Title: | ||||
| Effective Date: | August 28, 1998 | |||
SB 925 - This act will allow a member of the St. Louis Firefighter's retirement system who is participating in the Deferred Retirement Option Program "DROP" established in Section 87.182, RSMo, may elect upon retirement to have a dollar amount equal to the member's accumulated sick leave hours multiplied by the member's hourly rate of pay at the time of retirement placed in the member's DROP account.
The act also changes the date beyond which any credit for
sick leave at the rate being earned on June 1, 1998. The
previous date was August 28, 1989.
TOM MORTON