Effective - 28 Aug 1988
104.210. Powers of board of trustees. — 1. The general administration of, and responsibility for, the proper operation of the system are hereby vested in a board of trustees.
2. Subject to the limitations of law, the board shall formulate and adopt rules and regulations for the government of its own proceedings and for the administration of the system, and its decisions as to all question of fact shall be final and conclusive on all persons except for the right of review as provided by law and except for fraud or such gross mistake of fact as to have an effect equivalent to fraud.
3. The accounts and records of the state highways and transportation commission, the state highway patrol, the state auditor, and the state treasurer shall be open to inspection to the board of trustees and its employees, for the purpose of obtaining information necessary in the performance of the duties of such board under sections 104.010 to 104.270 and sections 104.600 to 104.800.
4. The board shall have the power to subpoena witnesses or obtain the production of records when necessary for the performance of its duties.
5. Subject to the provisions of the constitution and sections 104.010 to 104.270 and sections 104.600 to 104.800, the board of trustees shall have exclusive jurisdiction and control over the funds and property of the system and may employ and fix the compensation of necessary employees.
6. No trustee or employee of the system shall receive any gain or profit from any funds or transaction of the system, except benefits from interest in investments common to all members if entitled thereto.
7. Any trustee or employee accepting any gratuity or compensation for the purpose of influencing his action with respect to the investment and the funds of the system shall thereby forfeit his office and in addition thereto be subject to the penalties prescribed for bribery.
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(L. 1955 p. 718 § 7, A.L. 1983 H.B. 713 Revision, A.L. 1988 H.B. 1643 & 1399)
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.