Effective - 11 Jul 2002
104.1084. Retirement benefits, general assembly members — COLA permitted, when — ineligibility for benefits. — 1. For members of the general assembly, the provisions of this section shall supplement or replace the indicated other provisions of the year 2000 plan. "Normal retirement eligibility" means attainment of age fifty-five for a member who has served at least three full biennial assemblies or the attainment of at least age fifty for a member who has served at least three full biennial assemblies with a total of years of age and years of credited service which is at least eighty. A member shall receive two years of credited service for every full biennial assembly served. A full biennial assembly shall be equal to the period of time beginning on the first day the general assembly convenes for a first regular session until the last day of the following year. If a member serves less than a full biennial assembly, the member shall receive credited service for the pro rata portion of the full biennial assembly served.
2. For the purposes of section 104.1024, the normal retirement annuity of a member of the general assembly shall be an amount for life equal to one twenty-fourth of the monthly pay for a senator or representative on the annuity starting date multiplied by the years of credited service as a member of the general assembly. In no event shall any such member or eligible beneficiary receive annuity amounts in excess of one hundred percent of pay.
3. To be covered by the provisions of section 104.1030, or section 104.1036, a member of the general assembly must have served at least three full biennial assemblies.
4. For members who are statewide elected officials, the provisions of this section shall supplement or replace the indicated other provisions of the year 2000 plan. "Normal retirement eligibility" means attainment of age fifty-five for a member who has served at least four years as a statewide elected official, or the attainment of age fifty with a total of years of age and years of such credited service which is at least eighty.
5. For the purposes of section 104.1024, the normal retirement annuity of a member who is a statewide elected official shall be an amount for life equal to one twenty-fourth of the monthly pay in the highest office held by such member on the annuity starting date multiplied by the years of credited service as a statewide elected official not to exceed twelve years.
6. To be covered by the provisions of sections 104.1030 and 104.1036, a member who is a statewide elected official must have at least four years as a statewide elected official.
7. The provisions of section 104.1045 shall not apply to persons covered by the general assembly and statewide elected official provisions of this section. Persons covered by the general assembly provisions and receiving a year 2000 plan annuity shall be entitled to a cost-of-living adjustment (COLA) when there are increases in pay for members of the general assembly. Persons covered by the statewide elected official provisions and receiving a year 2000 plan annuity shall be entitled to COLAs when there are increases in the pay for statewide elected officials in the highest office held by such person. The COLA described in this subsection shall be equal to and concurrent with the percentage increase in pay as described in section 105.005. No COLA shall be less than zero.
8. Any member who serves under this chapter as a member of the general assembly or as a statewide elected official on or after August 28, 1999, shall not be eligible to receive any retirement benefits from the system under either the closed plan or the year 2000 plan based on service rendered on or after August 28, 1999, as a member of the general assembly or as a statewide elected official if such member is convicted of a felony that is determined by a court of law to have been committed in connection with the member's duties either as a member of the general assembly or as a statewide elected official, unless such conviction is later reversed by a court of law.
9. A member of the general assembly who has purchased or transferred creditable service shall not be subject to the cap on benefits pursuant to subsection 2 of this section for that portion of the benefit attributable to the purchased or transferred service.
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(L. 1999 S.B. 308 & 314, A.L. 2002 H.B. 1455)
Effective 7-11-02
Structure Missouri Revised Statutes
Title VIII - Public Officers and Employees, Bonds and Records
Chapter 104 - Retirement of State Officers and Employees
Section 104.010 - Definitions.
Section 104.012 - Spouse defined.
Section 104.020 - System created.
Section 104.060 - No payroll deductions — accumulated contributions refunded, when, to whom.
Section 104.080 - Member may retire when — waiver of monthly annuity, when.
Section 104.081 - Highway patrol retirement age.
Section 104.120 - Accumulated contributions paid as death benefit, when.
Section 104.130 - Death benefit of retired member.
Section 104.140 - Death prior to retirement, benefits.
Section 104.200 - Board may correct error in amounts paid member, limitation.
Section 104.210 - Powers of board of trustees.
Section 104.220 - Actuary, selection, duties.
Section 104.230 - Legal services to be rendered by whom.
Section 104.271 - Retirement age, certain employees — "eighty and out".
Section 104.272 - Certain members entitled to credit for service regardless of classification.
Section 104.330 - State employees to be members — military service, effect.
Section 104.339 - Creditable prior service, members entitled to.
Section 104.347 - Member elected as circuit clerk of certain counties entitled to annuity.
Section 104.354 - Part-time legislative employee retirement benefits — funding.
Section 104.378 - Survivors as special consultants on board, when, compensation.
Section 104.400 - Normal retirement age — early retirement requirements — annuity, how computed.
Section 104.422 - Accumulated contribution as death benefit of member or former member.
Section 104.510 - Actuary, selection — duties.
Section 104.516 - Conservation department, contributions for insurance for uniformed agents, when.
Section 104.520 - Legal advice, representation — attorney general to provide legal services, when.
Section 104.530 - Actions by and against system — process, how served — venue.
Section 104.603 - Reciprocal transfer of creditable service, when.
Section 104.604 - Surviving spouse to receive benefits from only one member — right to elect.
Section 104.606 - Purchase of creditable service, required before receipt of retirement annuity.
Section 104.615 - Minimum monthly benefits.
Section 104.625 - Annuities and lump sum payments, when, determination of amount.
Section 104.810 - Water patrol employees, membership options.
Section 104.1003 - Definitions.
Section 104.1006 - Year 2000 plan, citation, applicability of other provisions.
Section 104.1009 - Membership in year 2000 plan.
Section 104.1012 - Plans to be managed by appropriate boards.
Section 104.1018 - Vesting of benefits, when — reemployment of member, effect of.
Section 104.1021 - Credited service determined by board — calculation.
Section 104.1033 - Early retirement annuity, when.
Section 104.1039 - Reemployment of a retiree, effect on annuity — cost-of-living adjustments.
Section 104.1042 - Long-term disability, effect on retiree's annuity.
Section 104.1045 - Cost-of-living adjustment, amount.
Section 104.1048 - Waiver of monthly payment or COLA.
Section 104.1051 - Annuity deemed marital property — division of benefits.
Section 104.1057 - Year 2000 plan, a qualified plan according to federal law.
Section 104.1063 - Rulemaking authority.
Section 104.1066 - Actuarial evaluations, methods used — certification of contribution rate, when.
Section 104.1069 - Trust established, investment of funds.
Section 104.1072 - Life insurance benefits — medical insurance for certain retirees.
Section 104.1075 - Disability income benefits.
Section 104.1081 - Life insurance and disability benefit programs established — board rules.
Section 104.1087 - Credited service with multiple plans, payable annuity amount.
Section 104.1090 - Additional credited service, when.
Section 104.1200 - Definitions.
Section 104.1205 - Duties of board.
Section 104.1215 - Outside employee's election for membership, when.