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MO HB752
Bill
Status
4/21/2015
Primary Sponsor
Tony Dugger
Click for details
AI Summary
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Public employees convicted of certain felonies connected to their job duties forfeit retirement benefits for service rendered on or after August 28, 2014, though they may still receive a refund of their own contributions plus interest
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Changes the standard from "found guilty" to "convicted" for triggering benefit forfeiture
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Shifts notification responsibility from courts to employers, requiring employers to notify retirement systems when participants are charged or convicted of qualifying felonies
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Qualifying felonies include stealing (class B prior to January 1, 2017, or class C on or after that date), receiving stolen property, forgery, felony counterfeiting, bribery of a public servant, and acceding to corruption
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Removes the requirement for courts to determine the monetary value of property or services involved in the offense
Legislative Description
Modifies provisions relating to pension forfeiture
Last Action
Executive Session Held (S) - SCS voted do pass
4/30/2015