MO HB1655

Establishes a 10-year statute of limitations for correcting errors in public retirement benefit payments, measured from the member's annuity starting date or date of error, except in cases of fraud which have no time limit

Allows retirement boards to recover overpayments through single sum payments, installment repayments, or adjustments to future payments

Suspends retirement benefits to any survivor or beneficiary charged with intentionally killing a member; permanently revokes benefits upon conviction, or restores suspended payments if not convicted

Reopens the lump sum payout option for terminated members with deferred annuities under the closed plan or year 2000 plan, effective January 1, 2027

Prohibits public pension systems from using system funds to advocate for or against ballot measures, candidates, or to pay debts of political committees