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MO HB752

Bill

Status

Engrossed

4/21/2015

Primary Sponsor

Tony Dugger

Click for details

Origin

House of Representatives

2015 Regular Session

AI Summary

  • 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

  • Changes the standard from "found guilty" to "convicted" for triggering benefit forfeiture

  • Shifts notification responsibility from courts to employers, requiring employers to notify retirement systems when participants are charged or convicted of qualifying felonies

  • 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

  • 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

Committee Referrals

Select Committee on Financial Institutions and Taxation3/10/2015
Pensions2/4/2015

Full Bill Text

No bill text available