Effective – 28 Aug 2005 169.600. Definitions. — As used in sections 169.600 to 169.710, unless the context clearly requires otherwise, the following words and phrases mean: (1) “Accumulated contributions”, the sum of the annual contributions a member has made to the retirement system through deductions from the member’s salary, plus interest compounded annually on […]
Effective – 28 Aug 2005 169.610. System established — board of trustees to administer — funds to be kept separate. — 1. There is hereby created and established a retirement system for nonteacher employees of all public school districts, as defined in sections 169.600 to 169.710, which shall be a body corporate and which shall […]
Effective – 28 Aug 1984 169.611. Community college district retirement system may merge with public education employees’ retirement system. — 1. The board may enter into an agreement with the board of trustees of any community college district, which maintains a local retirement system for its employees who are not members of the public school […]
Effective – 28 Aug 2005 169.620. Contributions by members and employers — rate — penalty for failure to remit — benefits to be reduced, when — purchase of service credit, certain members, how. — 1. The funds required for the operation of the retirement system created by sections 169.600 to 169.715 shall come from contributions […]
Effective – 14 Jun 1989 169.625. Board of trustees may adopt plan requiring all contributions by employee to be paid directly to retirement system. — The board of trustees by regulation may adopt a plan wherein each and every employer included within the retirement system shall specify that contributions withheld from compensation to members are […]
Effective – 28 Aug 2009, 2 histories 169.630. Funds of system, how invested, how accounted for — bank or trust company to serve as depository and intermediary in investment of funds — title to securities, form — electronic funds transfer — closed meetings authorized, when. — 1. All funds arising from the operation of sections […]
Effective – 28 Aug 1965 169.640. Bank deposits of system, how secured. — Any funds belonging to this retirement system which are deposited in any bank or trust company shall be secured by the deposit of securities of the kind and value required by section 30.270 as security for the safekeeping and payment of deposits […]
Effective – 28 Aug 2009, 2 histories 169.650. Membership — prior service credit — reinstatement — procedure. — 1. On and after October 13, 1965, all employees as defined in section 169.600 of districts included in this retirement system shall be members of the system by virtue of their employment, and all persons who had […]
Effective – 28 Aug 2009, 2 histories 169.655. Purchase of membership credit for service to organization supporting education or research — limitations, requirements — transfer of funds. — 1. Members who have accrued at least one year of membership service credit for employment in a position covered by this retirement system and who have covered […]
Effective – 28 Aug 1997 169.660. Eligibility for retirement, when — temporary-substitute service for retiree authorized, limitation, no contribution from retiree required. — 1. On and after the first day of July next following the operative date, any member who is sixty or more years of age and who has at least five years of […]
Effective – 01 Jul 2000 169.663. Disability retirement, when — return to duty, effect of disability payments — disability defined. — 1. On or after July first next following October 13, 1969, any member who is serving an employer included in the system at the time the member becomes disabled, or who has served in […]
Effective – 28 Aug 2013, 4 histories 169.670. Benefits, how computed — beneficiary benefits, options, election of. — 1. The retirement allowance of a member whose age at retirement is sixty years or more and whose creditable service is five years or more, or whose sum of age and creditable service equals eighty years or […]
Effective – 28 Aug 2005 169.673. Partial lump sum distribution, when — changes in distribution amount, formula — death, effect of. — 1. Any member eligible for a retirement allowance pursuant to section 169.670 and who has not previously received a retirement allowance, including an allowance under disability retirement, pursuant to section 169.670, and whose […]
Effective – 28 Aug 2005 169.676. Death without a valid beneficiary designation, effect of — most recent valid designation of beneficiary revokes previous designations. — 1. If a member dies before service retirement and is not survived by a beneficiary under a valid beneficiary designation filed with the retirement system or all designated beneficiaries have […]
Effective – 28 Aug 1965 169.680. Penalty for false statements — correction of errors in benefits — adjustment. — Any person who shall knowingly make any false statement, or shall falsify or permit to be falsified, any record or records of this retirement system in any attempt to defraud such system, as a result of […]
Effective – 28 Aug 2009 169.690. Funds not subject to execution, garnishment, attachment. — Neither the funds belonging to the retirement system nor any benefit accrued or accruing to any person under the provisions of sections 169.600 to 169.710 shall be subject to execution, garnishment, attachment or any other process whatsoever, nor shall they be […]
Effective – 28 Aug 1965 169.700. Gifts accepted. — Gifts, devises, bequests and legacies may be accepted by the board of trustees, to be held and invested and, except where specific direction for the use of a gift is made by a donor, used at its discretion for the benefit of the retirement system. ——– […]
Effective – 28 Aug 2005 169.712. Transfer to public school retirement system, certain public education employees, procedure. — 1. Notwithstanding any provision of law to the contrary, any person duly certificated under the law governing the certification of teachers in Missouri who, after August 28, 1997, is first employed in a position which would otherwise […]
Effective – 28 Aug 2019, 3 histories 169.715. Successor beneficiary may be nominated by person receiving reduced allowance, when, procedure — increase permitted, when. — 1. Any person receiving a retirement allowance under sections 169.600 to 169.712, and who elected a reduced retirement allowance under subsection 4 of section 169.670 with his or her spouse […]
