Modifies provisions relating to the Sheriffs' Retirement System
By instituting this surcharge, SB188 potentially increases revenue for the sheriffs' retirement fund, which could enhance the pension benefits for retired sheriffs and law enforcement personnel. The dedicated funding source allows the retirement system to address any existing shortfalls and could also help in securing financial commitments that support long-term viability.
Senate Bill 188 modifies provisions related to the Sheriffs' Retirement System by repealing existing sections and enacting new ones. The bill establishes a three-dollar surcharge on all civil actions filed in the courts of Missouri, which will be directed to the sheriffs' retirement fund. This surcharge is designed to generate additional funding for the retirement benefits of sheriffs in the state, aiming to bolster the financial stability of the retirement system specifically for law enforcement officers.
There may be points of contention surrounding the implementation of the surcharge, particularly regarding its impact on the citizens filing civil actions. Critics may argue that imposing an additional cost on court filings could constitute a barrier to justice, particularly for lower-income individuals or entities. Conversely, proponents of the bill would likely emphasize the importance of providing adequate retirement benefits for sheriffs and law enforcement personnel who serve the community.