Missouri Revised Statutes
Chapter 95 - Financial Administration and Indebtedness
Section 95.540 - City may establish pension system for officers, employees and dependents — costs for utility, library, museum and zoo employees, how paid (cities over 450,000).

Effective - 28 Aug 1971
95.540. City may establish pension system for officers, employees and dependents — costs for utility, library, museum and zoo employees, how paid (cities over 450,000). — 1. The following words and phrases as used in this section, unless a different meaning is plainly required by the context, shall mean:
(1) "Employee", any person regularly employed by any city, within the authorization of this section, who receives remuneration from the city for personal services rendered the city. The term "employee" shall not include any person:
(a) Who is included as an active member in any other pension plan similar in purpose by reason of his employment with the city, except the federal Social Security Old Age, Survivors, and Disability Insurance Program, as amended; or
(b) Who acts for the city under contracts or is paid wholly on a fee basis; or
(c) Who is a city officer or elected official of the city as defined in this section; or
(d) Who is employed by the city as a "fireman" or "policeman";
(2) "Officer", any officer or elected official of the city who has been delegated some substantial part of the sovereign power to be independently exercised with some continuity and without control of a superior power other than the law.
2. Any city of this state that now has or may hereafter have a population of more than four hundred and fifty thousand inhabitants is hereby authorized to provide by ordinance or otherwise for the pensioning of its employees and officers, in one or more plans, whether performing city or county functions, and the widows and minor children of deceased employees and officers and to appropriate and utilize its municipal revenues and other available funds for such purposes.
3. The employees and officers of any municipally owned public utility may be included within the provisions of any pension plan adopted in pursuance of subsection 2, but the cost of paying pensions to such employees and officers and the widows and minor children thereof, as well as its pro rata share of the expenses of administration and the operation of the pension system, as a whole, shall be borne by the funds or revenues of such municipally owned public utility.
4. The employees and officers of any administrative board or board of control organized and existing under the general laws of the state of Missouri for the purpose of furnishing library services or maintaining and operating an art museum or a zoological park or similar public service to the inhabitants of such city may be included within the provisions of any pension plan adopted in pursuance of subsection 2, but the cost of paying pensions to such employees and officers and widows and minor children thereof, as well as their pro rata share of the expenses of administration and the operation of the pension system, as a whole, shall be borne by the funds or revenues of such administrative board or board of control; provided, however, that the employees and officers of any such board or board of control shall not be included in any such pension plan unless the ordinance of such city providing for the inclusion of such employees and officers shall be accepted by resolution of such administrative board or board of control.
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(L. 1959 S.B. 329 §§ 1, 2, 3, A.L. 1971 S.B. 207)

Structure Missouri Revised Statutes

Missouri Revised Statutes

Title VII - Cities, Towns and Villages

Chapter 95 - Financial Administration and Indebtedness

Section 95.115 - Cities and towns may incur indebtedness, how.

Section 95.120 - Additional indebtedness of cities by special vote.

Section 95.123 - Indebtedness to establish revolving improvement fund, purposes, procedure.

Section 95.125 - Indebtedness for street improvements.

Section 95.130 - Indebtedness for waterworks, electric or other light plants.

Section 95.135 - Annual tax to pay principal and interest — indebtedness to be retired in twenty years.

Section 95.145 - Election.

Section 95.150 - Form of ballot.

Section 95.155 - Bonds issued, when, terms.

Section 95.160 - Provisions of sections 95.115 to 95.155, scope of.

Section 95.165 - Treasurer or other officer to register bonds when requested.

Section 95.170 - Form of bonds.

Section 95.280 - Depositary for city funds, how selected.

Section 95.285 - Depositary to deposit securities — contract term for depositaries, certain cities (Maryville).

Section 95.320 - Bonds to issue, when — rate of interest.

Section 95.325 - Not to increase indebtedness.

Section 95.330 - Sinking and interest funds to be provided for.

Section 95.335 - Bonds to be negotiable.

Section 95.340 - Bonds not to be registered with state auditor.

Section 95.345 - May issue bonds for certain purposes.

Section 95.350 - Bonded debt and interest, power to levy tax for — funding outstanding debts.

Section 95.355 - City depositary.

Section 95.360 - Collector to settle monthly with treasury.

Section 95.370 - Bonds may be issued to pay judgments, when — procedure.

Section 95.375 - Indebtedness of city not to be increased — proceeds from sale of bonds, how applied.

Section 95.380 - Tax to be levied for payment of bonds and interest.

Section 95.385 - Election to be held.

Section 95.390 - Form of ballot.

Section 95.395 - Bonds to be registered.

Section 95.400 - Construction of law.

Section 95.405 - Bonds may be issued.

Section 95.410 - Board may levy tax to pay interest on bonds — may issue bonds.

Section 95.415 - May issue bonds for payment of judgment — how sold.

Section 95.420 - Amounts — time to run — rate of interest — where paid.

Section 95.425 - Net income from water and light plants, how applied.

Section 95.430 - Bonds, how sold — proceeds, how applied.

Section 95.435 - Sinking fund to be provided.

Section 95.440 - Question to be submitted to voters.

Section 95.445 - Form of ballot.

Section 95.450 - Bonds issued, when — procedure, limits.

Section 95.455 - Bonds to be registered.

Section 95.460 - Effect of sections 95.415 to 95.455.

Section 95.465 - Mayor and two houses of legislation defined (cities over 100,000).

Section 95.470 - Certain cities may issue bonds to pay judgment debts — form, conditions of bonds (cities over 100,000).

Section 95.475 - Proceeds from sale of bonds used to pay judgment (cities over 100,000).

Section 95.480 - Sinking fund — annual tax (cities over 100,000).

Section 95.485 - Debt arising from purchase of waterworks, income applied, how (cities over 100,000).

Section 95.490 - Bonds presumed to have been regularly authorized and issued — negotiability (cities over 100,000).

Section 95.495 - Need not be registered with state auditor (cities over 100,000).

Section 95.500 - Certain laws not repealed — this law not to be impaired (cities over 100,000).

Section 95.505 - Certain municipal officers to pay fees to treasurer (cities over 200,000).

Section 95.510 - Board of aldermen to call bond election for national park or plaza (cities over 400,000).

Section 95.515 - Questions to be submitted — amount of bonds to be voted (cities over 400,000).

Section 95.520 - Bonds issued, when (cities over 400,000).

Section 95.525 - United States granted authority to establish parks in state (cities over 400,000).

Section 95.527 - Additional bonds authorized for national park or plaza — election (cities over 400,000).

Section 95.530 - Funds committee — membership — chairman — selection of depositary — duties of chairman — financial institutions, agencies and officials to report — bonds and securities — may invest funds, when, how (certain cities).

Section 95.535 - All fees to be deposited in treasury — duty of comptroller (St. Louis City).

Section 95.537 - Officers and employees, salaries paid biweekly (St. Louis City).

Section 95.540 - City may establish pension system for officers, employees and dependents — costs for utility, library, museum and zoo employees, how paid (cities over 450,000).

Section 95.545 - City may provide medical, health and life insurance for certain employees (St. Louis City).

Section 95.547 - Employees who may be covered (St. Louis City).

Section 95.549 - Program, how financed — services covered (St. Louis City).

Section 95.551 - Employee defined (St. Louis City).

Section 95.553 - Independent board employees, how handled (St. Louis City).

Section 95.555 - City authorized to contract with insurers — rules and regulations authorized (St. Louis City).

Section 95.556 - Officers to administer — membership and benefits as compensation.