Bill Text: MO HB1800 | 2014 | Regular Session | Introduced


Bill Title: Changes the laws regarding retirement benefits for state employees

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2014-02-18 - Referred: General Laws(H) [HB1800 Detail]

Download: Missouri-2014-HB1800-Introduced.html

SECOND REGULAR SESSION

HOUSE BILL NO. 1800

97TH GENERAL ASSEMBLY


 

 

INTRODUCED BY REPRESENTATIVE JONES (50).

5678L.01I                                                                                                                                                  D. ADAM CRUMBLISS, Chief Clerk


 

AN ACT

To amend chapter 104, RSMo, by adding thereto one new section relating to retirement benefits for state employees.




Be it enacted by the General Assembly of the state of Missouri, as follows:


            Section A. Chapter 104, RSMo, is amended by adding thereto one new section, to be known as section 104.1031, to read as follows:

            104.1031. Notwithstanding any provisions of law to the contrary, the system shall implement the following benefit provision on August 28, 2014. If a member otherwise satisfies the requirements of section 104.401, 104.1024, 104.1033, or 104.1084 with respect to eligibility to submit an application for retirement benefits, submits such an application for the earliest annuity starting date otherwise allowed by law, elects a form of payment, designates a beneficiary, and dies before the annuity starting date, the member shall be considered to have retired and died on what would otherwise have been the member's annuity starting date. In such instances, neither the provisions of section 104.420 or 104.1030 shall apply unless the member had a surviving spouse or children under age twenty-one in which case benefits shall only be paid under section 104.420 or 104.1030 rather than this section.

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