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MO HB129
Bill
Status
Introduced
1/9/2013
Primary Sponsor
Chuck Gatschenberger
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AI Summary
- Removes February 12, May 8, and the second Monday in October as state holidays, while adding the Friday after Thanksgiving as a paid holiday for state employees
- Establishes the "2013 State Employee Retirement Incentive Program" offering a "years of service incentive benefit" of $500 per year of creditable service (up to 20 years maximum) for eligible retirees
- Eligible employees must have at least 10 years of creditable service, be eligible to retire under normal annuity provisions, terminate employment between April 1-July 1, 2014, and not be elected officials or general assembly members
- Provides benefit payments in two equal installments in August 2014 and August 2015 through the Office of Administration
- Prohibits retirees participating in the program from full-time state employment and bars additional credited service from any part-time state employment; requires departments to fill vacated positions using no more than 30 percent of the original salary (with exceptions for federally funded and critical positions)
Legislative Description
Changes the state holidays that are to be observed and establishes the 2013 State Employee Retirement Incentive Program that allows certain employees to receive a years of service benefit
Last Action
Referred: Rules(H)
4/23/2013
Committee Referrals
Rules4/23/2013
Retirement1/31/2013
Full Bill Text
No bill text available