There are multiple enactments of 56.816
Effective - 28 Aug 2014, 2 histories
*56.816. Normal annuity, computation of — reserve account established, purpose. — 1. The normal annuity of a retired member who served as prosecuting attorney of a county of the third or fourth class shall, except as provided in subsection 3 of this section, be equal to:
(1) Any member who has served twelve or more years as a prosecuting attorney and who meets the conditions of retirement at or after the member's normal retirement age shall be entitled to a normal annuity in a monthly amount equal to one hundred five dollars multiplied by the number of two-year periods and partial two-year periods served as a prosecuting attorney;
(2) Any member who has served twenty or more years as a prosecuting attorney and who meets the conditions of retirement at or after the member's normal retirement age shall be entitled to a normal annuity in a monthly amount equal to one hundred thirty dollars multiplied by the number of two-year periods and partial two-year periods as a prosecuting attorney.
2. The normal annuity of a retired member who served as prosecuting attorney of a first or second class county or as circuit attorney of a city not within a county shall be equal to fifty percent of the final average compensation.
3. Except as otherwise provided under section 56.363, the normal annuity of a retired member who served as a prosecuting attorney of a county which after August 28, 2001, elected to make the position of prosecuting attorney full time pursuant to section 56.363 shall be equal to fifty percent of the final average compensation.
4. The actuarial present value of a retired member's benefits shall be placed in a reserve account designated as a "Retired Lives Reserve". The value of the retired lives reserve shall be increased by the actuarial present value of retiring members' benefits, and by the interest earning of the total fund on a pro rata basis and it shall be decreased by payments to retired members and their survivors. Each year the actuary shall compare the actuarial present value of retired members' benefits with the retired lives reserve. If the value of the retired lives reserve plus one year's interest at the assumed rate of interest exceeds the actuarial present value of retired lives, then distribution of this excess may be made equally to all retired members, or their eligible survivors. The distribution may be in a single sum or in monthly payments at the discretion of the board on the advice of the actuary.
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(L. 1989 S.B. 30 § 56.810, A.L. 1993 S.B. 169, A.L. 2001 S.B. 290, A.L. 2014 S.B. 672)
*Revisor's Note: This section was declared unconstitutional in Calzone v. Koster, et al., see 2016 annotation below.
(2016) Provisions of S.B. 672 from 2014 declared unconstitutional as violating the single subject rule of Article III, § 23; under the facts presented, those provisions cannot be severed and the bill is unconstitutional in its entirety. Calzone v. Koster, et al., Case No. 15AC-CC00247 (Cole County Cir. Ct., Feb. 9, 2016).
Structure Missouri Revised Statutes
Title VI - County, Township and Political Subdivision Government
Chapter 56 - Circuit and Prosecuting Attorneys and County Counselors
Section 56.010 - Prosecuting attorney — election — qualifications.
Section 56.020 - When term begins.
Section 56.060 - Prosecutor's duties, generally, expenses — employed attorney, how compensated.
Section 56.070 - Prosecuting attorney's duties — exception.
Section 56.080 - Duties — habeas corpus.
Section 56.090 - Must be present, when.
Section 56.095 - Annual report required (second class and certain first class counties).
Section 56.110 - If interested in case, court to appoint substitute.
Section 56.120 - When sick, court to appoint substitute.
Section 56.130 - Power of appointee.
Section 56.140 - Subject to fine, when.
Section 56.180 - Assistants — duties (first class counties).
Section 56.190 - Stenographers — duties (first class counties).
Section 56.200 - Assistants — qualifications, salaries (second class counties).
Section 56.210 - Assistants commissioned (second class counties).
Section 56.220 - Assistants — term of office — vacancy, how filled (second class counties).
Section 56.230 - Stenographic and clerical help (second class counties).
Section 56.245 - Stenographic and clerical help, compensation (third and fourth class counties).
Section 56.305 - Judicial paroles — duties (third and fourth class counties).
Section 56.320 - Fees paid to county treasury (first class counties).
Section 56.330 - Fees set aside as contingent fund (first class counties).
Section 56.340 - Fees — records — collection (second, third and fourth class counties).
Section 56.350 - Acceptance of fee for signing pardon application deemed bribery — penalty.
Section 56.360 - Employment in criminal cases prohibited — civil practice authorized.
Section 56.410 - May be suspended upon indictment — governor to appoint successor.
Section 56.420 - Restoration to office.
Section 56.430 - Circuit attorney — election — qualifications (St. Louis City).
Section 56.450 - Circuit attorney — duties (St. Louis City).
Section 56.453 - Circuit attorney, additional duties, how established.
Section 56.455 - Circuit attorney to report on felons (St. Louis City).
Section 56.510 - Circuit attorney, duties, coroners' inquests.
Section 56.530 - Circuit attorney, contingent fund.
Section 56.550 - Circuit attorneys and assistants — oaths — duties.
Section 56.570 - Assistants and clerks — tenure.
Section 56.600 - Circuit attorney — salary — fees, collection, disposition.
Section 56.631 - County counselor, how appointed, tenure, qualifications, compensation.
Section 56.640 - County counselor and assistants, duties of.
Section 56.660 - Special county counselors — employment — compensation — qualifications.
Section 56.700 - Assistants for prosecuting attorneys, number, appointment, compensation.
Section 56.750 - Office of prosecution services created — purpose — services.
Section 56.755 - Executive director — staff — duties — office site.
Section 56.770 - Office of prosecution services not to usurp powers and duties of other officials.
Section 56.775 - Severability of provisions.
Section 56.800 - Retirement fund authorized, administration of.
Section 56.811 - Members, eligibility.
Section 56.814 - Retirement age, creditable service required for normal annuity.
Section 56.816 - Normal annuity, computation of — reserve account established, purpose.
Section 56.816 - Normal annuity, computation of — reserve account established, purpose.
Section 56.818 - Benefits, annual cost-of-living increase, limits.
Section 56.820 - Partial years to be used in computation of creditable service.
Section 56.823 - Prior service, credit, limitation, amount.
Section 56.824 - Certain members may elect reduced benefit at age sixty-two.
Section 56.825 - Retirement of member, application to board — payments to begin, when.
Section 56.830 - Death benefits, amount — surviving spouse entitled to benefits, when.