Effective - 28 Aug 1993
56.818. Benefits, annual cost-of-living increase, limits. — 1. Each member who retires on or after August 28, 1989, shall receive each year an increase in the amount of benefits received by the member during the preceding year equal to the increase in the consumer price index calculated in the manner hereinafter provided not to exceed two percent in any year. The total increase in the amount of benefits received pursuant to the provisions of this subsection shall not exceed fifty percent of the initial benefit which the member received upon retirement.
2. For the purposes of this section, any increase in the consumer price index shall be determined by the board in May of each year, based upon the consumer price index for the preceding calendar year over the consumer price index for the calendar year immediately prior thereto. Any increase so determined shall be applied by the board in calculating any benefit increases that become payable under this section for the twelve-month period beginning with the June first immediately following such determination.
3. An annual increase shall be payable monthly beginning on a date specified by the board. Nothing in this section shall be construed to prohibit a member from waiving his right to receive the annual increase provided pursuant to this section. The waiver shall be final as to the annual increase waived.
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(L. 1989 S.B. 30 § 56.815, A.L. 1993 S.B. 169)
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.