HB688--STATERETIREMENT
SPONSOR: O'Donnell
BeginningonAugust28,2025,intheeventthattheBoardofthe
MissouriStateEmployees'RetirementSystem(MOSERS)certifiesa
contributionratethatexceeds28.75%,theCommissionerofthe
OfficeofAdministration mustincludeinitsappropriationrequest
anamountequaltothedifferencebetweenthecertified
contributionrateand28.75%ofthecompensationofmemberswhoare
employeesofcertainstatehighereducationinstitutions. Except
totheextentthatstatefundshavebeenappropriatedandpaidto
MOSERS,thestatehighereducationinstitutionsmustremitthe
contributionamount.
ThisbillisthesameasHB2760(2024)andsimilartoSB1401
(2024).