Effective - 28 Aug 2001
87.120. Definitions. — The following words and phrases as used in sections 87.120 to 87.370, unless a different meaning is plainly required by the context, have the following meanings:
(1) "Accumulated contributions", the sum of all amounts deducted from the compensation of a member and credited to his or her individual account in the members' savings fund together with interest thereon;
(2) "Actuarial equivalent", a benefit of equal value when computed upon the basis of such mortality tables and interest rate as shall be adopted by the board of trustees;
(3) "Average final compensation", the average earnable compensation of the member during his or her last two years of service as a firefighter, or if the firefighter has less than two years of service, then the average earnable compensation of his or her entire period of service;
(4) "Beneficiary", any person in receipt of a retirement allowance or other benefit as provided by sections 87.120 to 87.370;
(5) "Benefit reserve", the present value of all payments to be made on account of any retirement allowance or benefit in lieu of a retirement allowance upon the basis of such mortality tables and interest rate as shall be adopted by the board of trustees;
(6) "Board of trustees", the board provided for in section 87.140 to administer the retirement system;
(7) "City", any city not within a county and adopting the retirement system provided by sections 87.120 to 87.370;
(8) "Creditable service", prior service plus membership service as provided in section 87.135;
(9) "DROP", the deferred retirement option plan provided in section 87.182;
(10) "Earnable compensation", the regular compensation which a member would earn during one year on the basis of the stated compensation for his or her rank or position;
(11) "Firefighter", any officer or employee of the fire department of the city employed by the city for the duty of fighting fires, but does not include anyone employed in a clerical or other capacity not involving fire-fighting duties. In case of doubt as to whether any person is a firefighter within the meaning of sections 87.120 to 87.370, the decision of the board of trustees shall be final;
(12) "Medical board", the board of physicians provided for in section 87.160;
(13) "Member", a member of the retirement system as defined by section 87.130;
(14) "Membership service", service as a firefighter rendered since last becoming a member;
(15) "Prior service", all service as a firefighter rendered prior to the date the system becomes operative which is creditable in accordance with the provisions of section 87.135;
(16) "Retirement allowance", annual payments for life which shall be payable in equal monthly installments or any benefits in lieu thereof granted to a member upon retirement or to a beneficiary;
(17) "Retirement system", the firefighter's retirement system of any city as defined in section 87.125.
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(L. 1943 p. 708 § 1, A.L. 1959 S.B. 314 § 86.480, A.L. 1961 p. 211, A.L. 1972 H.B. 766, A.L. 1973 H.B. 591, A.L. 1985 H.B. 26, A.L. 1991 H.B. 312, A.L. 1993 H.B. 259, A.L. 2000 H.B. 1808, A.L. 2001 S.B. 290)
Structure Missouri Revised Statutes
Title VII - Cities, Towns and Villages
Chapter 87 - Firefighters' Retirement and Relief Systems
Section 87.015 - How certain cities may be included in these provisions.
Section 87.020 - Creating board of trustees.
Section 87.025 - Duties and powers of board — assessment of members.
Section 87.030 - Rewards and gifts to pension fund.
Section 87.035 - Trustees may invest fund.
Section 87.040 - Disposition of interest — duties of legislative body of city.
Section 87.045 - Eligibility for and payment of a disability pension.
Section 87.050 - Death benefits, amount — eligibility — limitations.
Section 87.055 - Law applicable to whom.
Section 87.060 - Retirement pension, eligibility for and payment of.
Section 87.065 - Payments prorated when funds are insufficient.
Section 87.070 - Pension fund custodian.
Section 87.075 - Warrants, upon whom drawn.
Section 87.080 - Warrants, how drawn.
Section 87.085 - Annual report of condition of fund.
Section 87.090 - Fund exempt from execution.
Section 87.095 - Funeral expenses to be paid.
Section 87.100 - Relief associations may, by vote of members, amalgamate with board of trustees.
Section 87.105 - Penalty for misrepresentation.
Section 87.125 - Authorizing municipality to provide by ordinance for pensions.
Section 87.127 - Qualified government plan, retirement plan intended to be.
Section 87.130 - Membership requirements.
Section 87.145 - Board has exclusive original jurisdiction — review — rules and regulations.
Section 87.150 - Chairman — secretary — actuaries.
Section 87.155 - Data and record to be kept — annual report.
Section 87.160 - Legal adviser — medical board.
Section 87.165 - Actuarial investigation — establishment of contribution rates and tables.
Section 87.170 - Conditions of retirement.
Section 87.175 - Retirement for service — amount, how computed — refund of member's contribution.
Section 87.179 - Funding for increases in benefit provisions from future benefits fund.
Section 87.185 - Military service during war credited.
Section 87.190 - Disability retirement after five years of service.
Section 87.195 - Ordinary disability retirement, when, amount.
Section 87.200 - Retirement for accidental disability.
Section 87.205 - Accidental disability retirement allowance.
Section 87.207 - Cost-of-living increase, how determined.
Section 87.208 - Cost-of-living increases for certain persons, when — how computed.
Section 87.210 - Disability beneficiaries to undergo physical examinations.
Section 87.215 - Reduction and suspension of pension, when.
Section 87.230 - Widow may serve as special consultant, when, compensation, duties.
Section 87.235 - Payments on proof of accidental death in service — beneficiaries.
Section 87.237 - Retiree to become special advisor, when, compensation.
Section 87.240 - Accumulated contributions to be refunded, when.
Section 87.245 - Remainder of accumulated contributions paid to beneficiary.
Section 87.250 - Benefits under this law payable to whom.
Section 87.255 - Amounts payable by city under chapter 287 to be set off.
Section 87.262 - Representative may be appointed to hold title to investments.
Section 87.265 - Interest to be allowed — credit to members' accounts.
Section 87.270 - City treasurer to keep funds, how disbursed.
Section 87.275 - Amount kept on deposit.
Section 87.280 - Trustees, employees not to have interest in contracts or money.
Section 87.285 - Assets in four funds — names of.
Section 87.290 - Members' savings fund.
Section 87.295 - Contributions by member, how computed.
Section 87.305 - Refunds of contributions, when.
Section 87.310 - Repayment with interest of contributions withdrawn on reinstatement of member.
Section 87.315 - Benefit reserve fund.
Section 87.320 - General reserve fund.
Section 87.325 - Contributions by city to general reserve fund.
Section 87.330 - Normal contribution rate, determination of.
Section 87.335 - Accrued liability contribution rate, determination of.
Section 87.340 - Total amount payable to general reserve fund.
Section 87.350 - Expense fund, purposes, determination of amount.
Section 87.355 - Amounts due from city, certification, budget and appropriation.
Section 87.360 - Reserves made obligation of city.
Section 87.365 - Benefits exempt from taxes and civil process.
Section 87.367 - Health care plan may be adopted for retirees, procedure and funding.
Section 87.371 - Unused sick leave, how credited.
Section 87.380 - Fire departments in cities of over 100,000 may create relief fund.
Section 87.385 - Board of trustees, how composed.
Section 87.390 - City treasurer ex officio member of board.
Section 87.395 - Treasurer — duties — bond.
Section 87.400 - Creation of fire department pension fund — sources of revenue.
Section 87.405 - Moneys set apart for pension fund.
Section 87.410 - Authorizing a tax for firemen's pensions in certain cities.
Section 87.415 - Warrants to be drawn on treasurer.
Section 87.420 - Powers of board of trustees.
Section 87.425 - Members of department may be assessed.
Section 87.430 - Funds may be invested.
Section 87.435 - Who shall be beneficiaries.
Section 87.440 - Widow and children may be awarded retirement pay, when.
Section 87.445 - Widow and children beneficiaries, when.
Section 87.450 - Relatives, when.
Section 87.455 - Members may be retired, when.
Section 87.460 - Funds to be prorated, when.
Section 87.465 - Money paid beneficiaries only on warrant.
Section 87.470 - Funeral expenses.
Section 87.475 - Honorary members, admission of.
Section 87.480 - Board of trustees to make report.
Section 87.485 - Funds exempt from garnishment or other legal process.
Section 87.487 - Fund subject to domestic relations order (Kansas City).
Section 87.490 - Associations authorized to transfer funds.
Section 87.495 - Firemen's pension fund provided.
Section 87.500 - Membership continued after retirement.
Section 87.505 - Funds to create fire department pension fund.
Section 87.510 - Honorary members admitted.