Missouri Revised Statutes
Chapter 50 - County Finances, Budget and Retirement Systems
Section 50.1050 - Normal annuity, qualifications.

Effective - 28 Aug 1994
50.1050. Normal annuity, qualifications. — Any member who has attained the age of sixty-two years may retire with a normal annuity with eight or more years of creditable service as a county employee.
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(L. 1994 S.B. 579 § 6)

Structure Missouri Revised Statutes

Missouri Revised Statutes

Title VI - County, Township and Political Subdivision Government

Chapter 50 - County Finances, Budget and Retirement Systems

Section 50.010 - Fiscal year in counties.

Section 50.020 - Transfer of county funds.

Section 50.030 - Section 50.020 construed.

Section 50.032 - Mediation of disputes necessary for receipt of state funds.

Section 50.040 - County commission may invest school funds, when and how.

Section 50.050 - County treasurer to report.

Section 50.055 - Accounts of county may be audited (counties of the second classification).

Section 50.057 - Audit, when, by whom (certain counties of the first classification).

Section 50.059 - Counties with federal highways, or weigh stations to receive additional funds, allocation.

Section 50.060 - County commission may borrow money — amount (first and second class counties).

Section 50.065 - Borrowing by first class counties authorized, limitations on — tax anticipation warrants, procedure for issue and redemption.

Section 50.070 - Tax anticipation notes may be issued in counties of first, third and fourth class.

Section 50.080 - Tax anticipation notes — how made, signed and attested.

Section 50.090 - Estimate of county revenue to be basis for issuing anticipated notes.

Section 50.095 - Notes not to issue until revenue estimate made — limitation on amount issued — form of note (first class counties).

Section 50.100 - Note provisions.

Section 50.110 - Board of estimate of anticipated revenue.

Section 50.120 - County treasurer to sell notes — publication — private sale.

Section 50.130 - Registration of notes.

Section 50.140 - Proceeds from sale of notes to be deposited in county treasury — used only to pay warrants — use of surplus.

Section 50.150 - County warrants may be pledged — for what purpose — redemption.

Section 50.160 - Powers of county commission — auditing and enforcement of claims of county — refusal to testify, penalty.

Section 50.166 - Clerk may fill in warrant for expenses — form, negotiable instrument — county treasurer access to financially relevant documents.

Section 50.172 - Documents approved by commission to be preserved — destruction of documents, method — replacement of lost or destroyed checks, procedure.

Section 50.320 - Penalty for clerk or treasurer violating section 50.160, 50.166 or 50.172.

Section 50.327 - Base salary schedules for county officials — salary commission responsible for computation of county official salaries, except for charter counties — salary increases, when.

Section 50.330 - Salaries of county officers and assistants, how paid.

Section 50.332 - Certain counties may perform certain duties for municipalities, when — compensation for, paid how, to whom.

Section 50.333 - Salary commission, duties of clerk or court administrator, meetings, notice of, members, duties, report, form, failure to meet, effect of — mileage allowance — maximum compensation allowable, defined (noncharter counties).

Section 50.334 - Recorders of deeds, compensation — classroom instruction required, when, expenses shall be reimbursed, when (certain counties).

Section 50.337 - Governing body may provide for pension plan for county employees (first class counties).

Section 50.338 - Compensation for loss of commissions by reduction of school operating levy, loss offset procedure.

Section 50.339 - Cole County and Cape Girardeau salary commission authorized to equalize salaries on a one-time basis.

Section 50.340 - Officers compensated by salaries only — exceptions — to collect fees and turn over to treasury — report to county commission (first class counties).

Section 50.343 - Compensation of certain officers, how computed (St. Charles, Clay, Jefferson, Greene and certain other counties).

Section 50.350 - Salaried officer to collect fees (second class counties).

Section 50.360 - Pay money to county treasurer — monthly report concerning paid and unpaid fees — duty of county commission.

Section 50.370 - Officers to file monthly report with county commission (third and fourth class counties).

Section 50.380 - Penalty.

Section 50.390 - Officers to settle with county commission.

Section 50.400 - Refusal to settle — commission may estimate amount due.

Section 50.410 - Penalty of defaulting officer.

Section 50.420 - Damages against delinquents.

Section 50.430 - Commission determination final, when — interest — misdemeanor.

Section 50.440 - Penalties may be remitted, when.

Section 50.450 - County clerk to make abstract of settlement — record of.

Section 50.460 - Abstract to be a lien, when — execution.

Section 50.470 - Officers to keep an account of fees collected for others.

Section 50.480 - Duty of officer to pay fees belonging to others to county treasurer and take receipts.

Section 50.490 - Treasurer to keep an account of such fees.

Section 50.510 - Books and fees to be turned over to successor.

Section 50.515 - County governing body may impose administrative service fee, when, rate — limit on fee in counties of the third classification.

Section 50.525 - County budget law.

Section 50.527 - Revenue defined.

Section 50.530 - Definitions.

Section 50.535 - County sheriff's revolving fund established — fees deposited into, use of moneys — no prior approval for expenditures required—authorized payment of certain expenses — excess funds, use of.

Section 50.540 - Offices to prepare estimates of expenditures and revenues — duties of budget officer — hearings.

Section 50.550 - Annual budget shall present a complete financial plan — county law enforcement restitution fund authorized.

Section 50.565 - County law enforcement restitution fund may be established, proceeds designated for deposit in, use of moneys — audit of fund.

Section 50.590 - Budget document — contents.

Section 50.600 - Form of budget documents — public hearing.

Section 50.610 - Commission may revise budget — adoption and appropriation order.

Section 50.620 - Appropriations (first and second class counties).

Section 50.622 - Amendment of annual budget by any county during fiscal year receiving additional funds, procedure — decrease permitted, when.

Section 50.630 - County commissions shall have power to authorize the transfer of any unencumbered appropriation balance.

Section 50.640 - Estimate of circuit court or circuit clerk, changed, how — disagreement with county, escrow account equal to difference established — resolved, how.

Section 50.641 - Estimates — contents — covering circuit judges, associate circuit judges, staffs, juvenile officers and juvenile court personnel.

Section 50.642 - Presiding judge of circuit court to meet with county budget officer and county commission to discuss budget before filing estimate.

Section 50.650 - Liability of certain officers.

Section 50.660 - Rules governing contracts.

Section 50.740 - Commission to revise and amend estimates (counties of the third and fourth classification).

Section 50.745 - State auditor to develop, approve forms (third and fourth class counties).

Section 50.750 - Missouri products to be purchased by officers.

Section 50.753 - Purchasing agent, how appointed, compensation, assistants.

Section 50.755 - Purchasing agent to investigate need for supplies requested by officers.

Section 50.757 - Purchasing agent, duties — bids rejected, when.

Section 50.760 - Advertisement for bids, procedure for — purchase at public auctions — purchase order required (second class and certain first class counties).

Section 50.770 - Supplies defined (second class and certain first class counties).

Section 50.780 - Commissions may permit officers to purchase supplies direct — liability therefor — preference in bids — waiver, when (second class and certain first class counties).

Section 50.783 - Waiver of competitive bid requirements, when — rescission of waiver, when — single feasible source purchases — exception for Boone and Greene counties.

Section 50.784 - Procurement authority delegation permitted, when — accepting department's duties.

Section 50.790 - Duties of commissioners — violation of law — penalty (second class and certain first class counties).

Section 50.815 - Financial statement of county, when published, contents — falsely certifying, penalty.

Section 50.820 - Statement, how published — duties of state auditor.

Section 50.850 - Counties reimbursed for expense of prosecuting crimes committed within state correctional facilities, how computed, limitation.

Section 50.853 - Counties, third and fourth class, reimbursed for expenses of prosecution in capital cases, requirements of negative financial situation — funding.

Section 50.1000 - Definitions.

Section 50.1010 - Fund authorized, management — apportionment of benefits.

Section 50.1020 - Source of funds, delinquent tax penalties — county assessor, duties — deposit of funds — payroll deduction.

Section 50.1030 - Board of directors, election, appointment by the governor, term, powers, duties — chairman, secretary, meetings — advisors — audits — compensation, costs — record — annual review.

Section 50.1031 - Benefit adjustments, required assets-to-liability ratio — frequency of adjustments — effective date of adjustments.

Section 50.1032 - Board to adopt rules for administration of retirement system.

Section 50.1034 - Correction of errors — false statements — benefits not paid to survivor or beneficiary who intentionally kills member.

Section 50.1036 - Errors, false statements, false records, consequences.

Section 50.1038 - Survivor or beneficiary charged with intentional killing of member, benefits suspended — conviction, benefits to cease — no conviction, effect.

Section 50.1040 - Membership in system — payroll deduction for nonLAGERS members — opting out prohibited, exceptions — opting in, when.

Section 50.1050 - Normal annuity, qualifications.

Section 50.1060 - Normal annuity, amount, limitation — board to recommend adjustments to formula.

Section 50.1070 - Increase in benefits, limitation — determination — waiver of increase.

Section 50.1080 - What calculators apply.

Section 50.1090 - Creditable service — special consultant, duty, compensation — limitation — verification of records — refund of contributions, when.

Section 50.1100 - Retirement, application, payment of annuity, restriction — exception, part-time work for county member may receive annuity, part-time work not to affect annuity.

Section 50.1110 - Options in lieu of normal annuity, election — survivorship benefit.

Section 50.1120 - Death of beneficiary, reversion of normal annuity.

Section 50.1130 - Death benefit.

Section 50.1140 - Termination of employment, forfeit of rights, refund — deferred annuity permanent, when — payment of accumulated contributions — restoration of creditable service.

Section 50.1150 - Law not to affect certain rights — discrimination prohibited.

Section 50.1160 - Effect upon eligibility for other retirement systems.

Section 50.1170 - Applicability.

Section 50.1175 - Pension benefits and retirement allowances, exempt from attachment, garnishment and other processes — exception, child support and maintenance.

Section 50.1180 - Law not to apply to certain political subdivisions.

Section 50.1190 - Recorder of deeds, extra fees, deposit.

Section 50.1200 - Ex officio collector, fees, deposit.

Section 50.1210 - Contribution accounts established, board and nonLAGERS members to contribute to accounts.

Section 50.1220 - NonLAGERS member contribution, amount.

Section 50.1230 - Matching contributions by board, when, rules — matching contributions by county, when.

Section 50.1240 - Bookkeeping account established.

Section 50.1250 - Forfeiture of contributions, when — reversion of forfeitures — distribution of contribution account, when — death of a member, effect of.

Section 50.1260 - Direct rollover permitted, when.

Section 50.1300 - Deferred compensation plan authorized — consolidation permitted, when.