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MO HB2122
Bill
Status
2/11/2010
Primary Sponsor
Curt Dougherty
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AI Summary
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Exempts retirees serving as elected officials from forfeiting monthly retirement benefits when reemployed by the same political subdivision from which they receive retirement allowance.
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Requires retirees reemployed in non-elected positions by their original political subdivision to forfeit one monthly benefit for each calendar month of service.
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Allows retirees to continue receiving retirement benefits when employed by a different political subdivision or when serving as elected officials for their original political subdivision.
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Requires reemployed retirants to make contributions to the system immediately and complete a minimum one year of continuous membership service before receiving any additional allowance.
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Permits reemployed members with one or more years of service after reemployment to receive an additional allowance calculated based on membership service and compensation earned since reemployment.
Legislative Description
Allows a retiree of the Missouri Local Government Employees' Retirement System to serve as an elected official without forfeiting his or her monthly retirement benefit under specified situations
Last Action
Voted Do Pass (H)
4/13/2010