| 1 | 1 | | SECONDREGULARSESSION |
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| 2 | 2 | | HOUSEBILLNO.2236 |
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| 3 | 3 | | 101STGENERALASSEMBLY |
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| 4 | 4 | | INTRODUCEDBYREPRESENTATIVEBLACK(7). |
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| 5 | 5 | | 4584H.01I DANARADEMANMILLER,ChiefClerk |
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| 6 | 6 | | ANACT |
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| 7 | 7 | | Torepealsections104.380and104.1039,RSMo,andtoenactinlieuthereoftwonew |
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| 8 | 8 | | sectionsrelatingtoretirementsystems. |
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| 9 | 9 | | BeitenactedbytheGeneralAssemblyofthestateofMissouri,asfollows: |
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| 10 | 10 | | SectionA.Sections104.380and104.1039,RSMo,arerepealedandtwonewsections |
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| 11 | 11 | | 2enactedinlieuthereof,tobeknownassections104.380and104.1039,toreadasfollows: |
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| 12 | 12 | | 104.380.1.Ifaretiredmemberiselectedtoanystateofficeorisappointedtoany |
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| 13 | 13 | | 2stateofficeorisemployedbyadepartmentinapositionnormallyrequiringtheperformance |
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| 14 | 14 | | 3bythepersonofdutiesduringnotlessthanonethousandfortyhoursperyear,themember |
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| 15 | 15 | | 4shallnotreceiveanannuityforanymonthorpartofamonthforwhichthememberservesas |
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| 16 | 16 | | 5anofficeroremployee,butthemembershallbeconsideredtobeanewemployeewithno |
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| 17 | 17 | | 6previouscreditableserviceandmustaccruecreditableservicecontinuouslyforatleastone |
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| 18 | 18 | | 7yearinordertoreceiveanyadditionalannuity.Anyretiredmemberwhoagainbecomesan |
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| 19 | 19 | | 8employeeandwhoaccruesadditionalcreditableserviceandlaterretiresshallreceivean |
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| 20 | 20 | | 9additionalamountofmonthlyannuitycalculatedtoincludeonlythecreditableserviceandthe |
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| 21 | 21 | | 10averagecompensationearnedbythemembersincesuchemploymentorcreditableservice |
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| 22 | 22 | | 11earnedasamemberofthegeneralassembly.Yearsofmembershipserviceandtwelfthsofa |
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| 23 | 23 | | 12yeararetobeusedincalculatinganyadditionalannuityexceptforcreditableserviceearned |
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| 24 | 24 | | 13asamemberofthegeneralassembly,andsuchadditionalannuityshallbebasedonthetype |
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| 25 | 25 | | 14ofserviceaccrued.Ineitherevent,theoriginalannuityandtheadditionalannuity,ifany, |
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| 26 | 26 | | 15shallbepaidcommencingwiththeendofthefirstmonthafterthemonthduringwhichthe |
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| 27 | 27 | | 16member'stermofofficehasbeencompleted,orthemember'semploymentterminated.Ifa |
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| 28 | 28 | | 17retiredmemberisemployedbyadepartmentinapositionthatdoesnotnormallyrequirethe |
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| 29 | 29 | | EXPLANATION—Matterenclosedinbold-facedbrackets[thus] intheabovebillisnotenactedandis |
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| 30 | 30 | | intendedtobeomittedfromthelaw.Matterinbold-facetypeintheabovebillisproposedlanguage. 18persontoperformdutiesduringatleastonethousandfortyhoursperyear,themembershall |
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| 31 | 31 | | 19notbeconsideredanemployeeasdefinedpursuanttosection104.010.Aretiredmember |
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| 32 | 32 | | 20whobecomesreemployedasanemployeeonorafterAugust28,2001,inapositioncovered |
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| 33 | 33 | | 21bytheMissouridepartmentoftransportationandhighwaypatrolemployees'retirement |
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| 34 | 34 | | 22systemshallnotbeeligibletoreceiveretirementbenefitsoradditionalcreditableservicefrom |
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| 35 | 35 | | 23thestateemployees'retirementsystem.Annualbenefitincreasespaidundersection104.415 |
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| 36 | 36 | | 24shallnotaccruewhilearetiredmemberisemployedasdescribedinthissection.Anyfuture |
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| 37 | 37 | | 25annualbenefitincreasespaidafterthememberterminatessuchemploymentwillbepaidin |
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| 38 | 38 | | 26thesamemonthasthemember'soriginalannualbenefitincreaseswerepaid.Benefitspaid |
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| 39 | 39 | | 27undersubsection3ofsection104.374arenotapplicabletoanyadditionalannuitypaidunder |
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| 40 | 40 | | 28thissection. |
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| 41 | 41 | | 29 2.Upontheendofreemployment,asdescribedinsubsection1ofthissection,a |
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| 42 | 42 | | 30retireemaymakeanelectionunderoption1oroption2ofsubsection1ofsection |
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| 43 | 43 | | 31104.395underthefollowingcircumstances: |
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| 44 | 44 | | 32 (1)Thememberelectedtoreceivealifeannuityandwasnoteligibletoelect |
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| 45 | 45 | | 33option1oroption2ofsubsection1ofsection104.395ontheoriginalannuitystarting |
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| 46 | 46 | | 34date;and |
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| 47 | 47 | | 35 (2)Themembermarriedduringreemployment. |
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| 48 | 48 | | 36 3.Amembershallmaketheelectiondescribedinsubsection2ofthissection |
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| 49 | 49 | | 37withinninetydaysofthefirstdayofthemonthfollowingtheterminationof |
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| 50 | 50 | | 38reemployment.Suchelectionshallapplytoboththeoriginalandadditionalannuity. |
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| 51 | 51 | | 39Suchelectionshallbeprospectiveandeffectivethefirstdayofthemonthfollowingthe |
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| 52 | 52 | | 40dateofelection. |
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| 53 | 53 | | 104.1039.1.Ifaretireeisemployedasanemployeebyadepartment,theretiree |
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| 54 | 54 | | 2shallnotreceiveanannuitypaymentforanycalendarmonthinwhichtheretireeisso |
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| 55 | 55 | | 3employed.Whilereemployedtheretireeshallbeconsideredtobeanewemployeewithno |
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| 56 | 56 | | 4previouscreditedserviceandmustaccruecreditedservicecontinuouslyforatleastoneyear |
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| 57 | 57 | | 5inordertoreceiveanyadditionalannuity.Suchretireeshallreceiveanadditionalannuityin |
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| 58 | 58 | | 6additiontotheoriginalannuity,calculatedbasedonlyonthecreditedserviceandthepay |
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| 59 | 59 | | 7earnedbysuchretireeduringreemploymentandpaidinaccordancewiththeannuityoption |
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| 60 | 60 | | 8originallyelectedorasprovidedinsubsection2ofthissection; providedsuchretireewho |
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| 61 | 61 | | 9ceasestoreceiveanannuitypursuanttothissectionshallnotreceivesuchadditionalannuity |
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| 62 | 62 | | 10ifsuchretireeisemployedbyadepartmentinapositionthatiscoveredbyastate-sponsored |
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| 63 | 63 | | 11definedbenefitretirementplannotcreatedpursuanttothischapter.Theoriginalannuityand |
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| 64 | 64 | | 12anyadditionalannuityshallbepaidcommencingasoftheendofthefirstmonthafterthe |
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| 65 | 65 | | 13monthduringwhichtheretiree'sreemploymentterminates.Cost-of-livingadjustmentspaid |
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| 66 | 66 | | 14undersection104.1045shallnotaccruewhilearetireeisemployedasdescribedinthis |
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| 67 | 67 | | HB2236 2 15section.Anyfuturecost-of-livingadjustmentspaidaftertheretireeterminatessuch |
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| 68 | 68 | | 16employmentwillbepaidinthesamemonthastheretiree'soriginalannualbenefitincreases |
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| 69 | 69 | | 17werepaid. |
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| 70 | 70 | | 18 2.Upontheendofreemployment,asdescribedinsubsection1ofthissection,a |
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| 71 | 71 | | 19retireemaymakeanelectionunderoption1oroption2ofsubsection1ofsection |
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| 72 | 72 | | 20104.1027underthefollowingcircumstances: |
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| 73 | 73 | | 21 (1)Thememberelectedtoreceivealifeannuityandwasnoteligibletoelect |
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| 74 | 74 | | 22option1oroption2ofsubsection1ofsection104.1027ontheoriginalannuitystarting |
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| 75 | 75 | | 23date;and |
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| 76 | 76 | | 24 (2)Themembermarriedduringreemployment. |
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| 77 | 77 | | 25 3.AmemberoftheMissouristateemployeesretirementsystemshallmakethe |
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| 78 | 78 | | 26electiondescribedinsubsection2ofthissectionwithinninetydaysofthe |
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| 79 | 79 | | 27commencementoftheannuityandadditionalannuity.Suchelectionshallapplyto |
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| 80 | 80 | | 28boththeoriginalandadditionalannuity.Suchelectionshallbeprospectiveand |
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| 81 | 81 | | 29effectivethefirstdayofthemonthfollowingthedateofelection. |
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| 82 | 82 | | 30 4.AmemberoftheMissouridepartmentoftransportationandhighwaypatrol |
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| 83 | 83 | | 31employees'retirementsystemshallmaketheelectiondescribedinsubsection2ofthis |
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| 84 | 84 | | 32sectionduringtheretirementapplicationprocess.Suchelectionshallapplytoboththe |
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| 85 | 85 | | 33originalandadditionalannuity.Suchelectionshallbeprospectiveandeffectivethefirst |
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| 86 | 86 | | 34dayofthemonthfollowingthedateofelection. |
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| 87 | 87 | | âś” |
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| 88 | 88 | | HB2236 3 |
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