SECOND REGULAR SESSION
[P E R F E C T E D]
SENATE BILL NO. 925
89TH GENERAL ASSEMBLY
INTRODUCED BY SENATOR SCOTT.
Read 1st time February 18, 1998, and 1,000 copies ordered printed.
Read 2nd time March 2, 1998, and referred to the Committee on Corrections and General Laws.
Reported from the Committee March 9, 1998, with recommendation that the bill do pass and be placed on the Consent Calendar.
Taken up March 24, 1998. Read 3rd time and placed upon its final passage; bill passed.
TERRY L. SPIELER, Secretary.
S3932.01P
AN ACT
To repeal section 87.371, RSMo Supp. 1997, relating to the firefighter's retirement system of the City of St. Louis, and to enact in lieu thereof one new section relating to the same subject, with an emergency clause.
Section A. Section 87.371, RSMo Supp. 1997, is repealed and one new section enacted in lieu thereof, to be known as section 87.371, to read as follows:
87.371. 1. Any member retiring under the provisions of sections 87.120 to 87.370, after working continuously for an entity covered by sections 87.120 to 87.370, until reaching retirement age, but not including retirement for service-connected disability, shall be credited with all of the member's unused sick leave as certified by the member's employing entity.
2. No member working on or after [August 28, 1989] June 1, 1998, shall be credited with sick leave at a rate less [or more] than the rate being earned on [August 28, 1989] June 1, 1998, nor shall any cap or limit applied to accumulated sick leave after [August 28, 1989] June 1, 1998, be construed as a limit on the number of sick days actually earned without reference to the cap or limit which may be credited pursuant to the provisions of this section. When calculating years of service, each member shall be entitled to one day of creditable service for each day of unused accumulated sick leave earned by the member.
3. Accumulated sick leave shall allow a member to vest in the retirement system by using such credited sick leave to reach the time of vesting and shall also allow a member to exceed a seventy-five percent service retirement allowance by adding accumulated sick leave to no more than thirty years of creditable service or a member who is participating in the DROP program established in section 87.182 may elect upon retirement, to have placed in his or her DROP account a dollar amount equal to his or her accumulated number of sick leave hours multiplied by his or her hourly rate of pay at the time of retirement.
Section B. Because of the need to increase retirement benefits for certain firefighters, this act is deemed necessary for the immediate preservation of the public health, welfare, peace and safety, and is hereby declared to be an emergency act within the meaning of the constitution, and this act shall be in full force and effect upon its passage and approval.