Effective - 28 Aug 2010
104.810. Water patrol employees, membership options. — 1. Employees of the Missouri state water patrol* who are earning creditable service in the closed plan of the Missouri state employees' retirement system and who are transferred to the division of water patrol with the Missouri state highway patrol shall elect within ninety days of January 1, 2011, to either remain a member of the Missouri state employees' retirement system or transfer membership and creditable service to the closed plan of the Missouri department of transportation and highway patrol employees' retirement system. The election shall be made in writing after the employee has received a detailed analysis comparing retirement, life insurance, disability benefits, and medical benefits of a member of the Missouri state employees' retirement system with the corresponding benefits provided an employee of the highway patrol covered by the closed plan of the Missouri department of transportation and highway patrol employees' retirement system. In electing plan membership the employee shall acknowledge and agree that an election made under this subsection is irrevocable, and constitutes a waiver to receive retirement, life insurance, disability benefits, and medical benefits except as provided by the system elected by the employee. Furthermore, in connection with the election, the employee shall be required to acknowledge that the benefits provided by virtue of membership in either system, and any associated costs to the employee, may be different now or in the future as a result of the election and that the employee agrees to hold both systems harmless with regard to benefit differences resulting from the election.
2. Employees of the Missouri state water patrol* who are earning** credited service in the year 2000 plan of the Missouri state employees' retirement system and who are transferred to the division of water patrol with the Missouri state highway patrol shall elect within ninety days of January 1, 2011, to either remain a member of the Missouri state employees' retirement system or transfer membership and creditable service to the year 2000 plan of the Missouri department of transportation and highway patrol employees' retirement system. The election shall be made in writing after the employee has received a detailed analysis comparing retirement, life insurance, disability benefits, and medical benefits of a member of the Missouri state employees' retirement system with the corresponding benefits provided an employee of the highway patrol covered by the year 2000 plan of the Missouri department of transportation and highway patrol employees' retirement system. In electing plan membership the employee shall acknowledge and agree that an election made under this subsection is irrevocable, and constitutes a waiver to receive retirement, life insurance, disability benefits, and medical benefits except as provided by the system elected by the employee. Furthermore, in connection with the election, the employee shall be required to acknowledge that the benefits provided by virtue of membership in either system, and any associated costs to the employee, may be different now or in the future as a result of the election and that the employee agrees to hold both systems harmless with regard to benefit differences resulting from the election.
3. The Missouri state employees' retirement system shall pay to the Missouri department of transportation and highway patrol employees' retirement system, by June 30, 2011, an amount actuarially determined to equal the liability at the time of the transfer for any employee who elects under subsection 1 or 2 of this section to transfer to the Missouri department of transportation and highway patrol employees' retirement system, to the extent that liability is funded as of the most recent actuarial valuation and based on the actuarial value of assets not to exceed one hundred percent.
4. In no event shall any employee receive service credit for the same period of service under more than one retirement system as a result of the provisions of this section.
5. The only medical coverage available for any employee who elects under subsection 1 or 2 of this section to transfer to the Missouri department of transportation and highway patrol employees' retirement system shall be the medical coverage provided in section 104.270. The effective date for commencement of medical coverage shall be July 1, 2011. However, this does not preclude medical coverage for the transferred employee as a dependent under any other health care plan.
6. Any employee who elects under subsection 1 or 2 of this section to transfer to the Missouri department of transportation and highway patrol employees' retirement system and who is also thereafter a uniformed member of the highway patrol shall be subject to the mandatory retirement age stated in section 104.081.
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(L. 2010 H.B. 1868)
*"Missouri state water patrol" changed to "water patrol division" by 306.010, 2010.
**Word "earing" appears in original rolls.
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.