Section 50.1300 – Deferred compensation plan authorized — consolidation permitted, when.
Effective – 01 Jan 2000 50.1300. Deferred compensation plan authorized — consolidation permitted, when. — The board is authorized to develop and adopt a deferred compensation plan that benefits county employees covered by the retirement system, and those employees who have opted out of such system, and meets the requirements of 26 U.S.C. 457. Any […]
Section 50.1210 – Contribution accounts established, board and nonLAGERS members to contribute to accounts.
Effective – 01 Jan 2000 50.1210. Contribution accounts established, board and nonLAGERS members to contribute to accounts. — Effective with calendar years ending after January 1, 2000, the board shall make contributions to defined contribution accounts established on behalf of members of the retirement system. In addition, members of the retirement system who are not […]
Section 50.1220 – NonLAGERS member contribution, amount.
Effective – 01 Jan 2000 50.1220. NonLAGERS member contribution, amount. — Each employee who is not a member of LAGERS shall make a contribution of seven-tenths of one percent of his or her compensation to a defined contribution account established on the employee’s behalf. This contribution shall be made by payroll deduction. ——– (L. 1999 […]
Section 50.1230 – Matching contributions by board, when, rules — matching contributions by county, when.
Effective – 01 Jan 2002 50.1230. Matching contributions by board, when, rules — matching contributions by county, when. — 1. The board, in its sole discretion, shall determine if it will make matching contributions for a calendar year and the aggregate amount of the contribution. Each member who makes contributions to the deferred compensation program […]
Section 50.1240 – Bookkeeping account established.
Effective – 01 Jan 2000 50.1240. Bookkeeping account established. — The contributions allocated to a member in accordance with sections 50.1220 and 50.1230 shall be deposited in a bookkeeping account established on the member’s behalf. This account shall be held as part of the funds of the Missouri county employees’ retirement fund described in subdivision […]
Section 50.1250 – Forfeiture of contributions, when — reversion of forfeitures — distribution of contribution account, when — death of a member, effect of.
Effective – 28 Aug 2007 50.1250. Forfeiture of contributions, when — reversion of forfeitures — distribution of contribution account, when — death of a member, effect of. — 1. If a member has less than five years of creditable service upon termination of employment, the member shall forfeit the portion of his or her defined […]
Section 50.1260 – Direct rollover permitted, when.
Effective – 01 Jan 2000 50.1260. Direct rollover permitted, when. — 1. A distributee may elect to have any portion of an eligible rollover distribution paid directly to an eligible retirement plan specified by the distributee in a direct rollover. 2. An eligible rollover distribution is any distribution of all or any portion of the […]
Section 50.1175 – Pension benefits and retirement allowances, exempt from attachment, garnishment and other processes — exception, child support and maintenance.
Effective – 01 Jul 2000 50.1175. Pension benefits and retirement allowances, exempt from attachment, garnishment and other processes — exception, child support and maintenance. — The right of a person to an annuity, pension benefit, funds, retirement allowance, right to a return on accumulated contributions, allowance options, property, or right created by or accrued, accruing […]
Section 50.1180 – Law not to apply to certain political subdivisions.
Effective – 01 Jan 2000 50.1180. Law not to apply to certain political subdivisions. — Sections 50.1000 to 50.1300 shall not apply to counties of the first classification with a charter form of government or to a city not within a county. No employee in a county which accrues benefits pursuant to sections 50.1000 to […]
Section 50.1190 – Recorder of deeds, extra fees, deposit.
Effective – 28 Aug 1994 50.1190. Recorder of deeds, extra fees, deposit. — In addition to the fees collected under chapter 59, the county recorder of deeds in all counties, except in counties of the first classification having a charter form of government and any city not within a county, shall collect a six-dollar fee […]