Effective – 28 Aug 2001 169.410. Definitions. — The following words and phrases as used in sections 169.410 to 169.540, unless a different meaning is plainly required by the context, shall have the following meanings: (1) “Accumulated contributions”, the sum of all amounts deducted from the compensation of a member and credited to the member’s […]
Effective – 28 Aug 2001 169.420. Retirement system — how managed. — In all metropolitan school districts of this state, there are hereby created and established retirement systems for the purpose of providing retirement benefits for employees of said school districts. Each such system shall be a body corporate, and shall be under the management […]
Effective – 28 Aug 2001 169.430. Who shall be members. — All persons who shall hereafter become employees shall become members as a condition of their employment and shall receive no pension or retirement benefit from any pension or retirement system other than the retirement system established pursuant to sections 169.410 to 169.540 because of […]
Effective – 19 Jun 1987 169.435. Revocation of election of coverage made on or ninety days after October 13, 1961, procedure, effect on creditable service. — Any member, who elected on October 13, 1961, or within ninety days thereafter to continue contributions and receive benefits as provided by the law theretofore, may revoke such election […]
Effective – 28 Aug 2001 169.440. Years of service, how determined — purchase of credit for service, limitations and conditions. — 1. In no case shall more than one year of service be credited for all service in one calendar year. 2. The board of trustees shall include an employee’s accumulated and unused days of […]
Effective – 28 Aug 2001 169.450. Trustees — selection, qualifications, powers and duties — circuit court’s jurisdiction over board — board’s authority to make rules for administering assets of system. — 1. The general administration and responsibility for the proper operation of the retirement system and for making effective the provisions of sections 169.410 to […]
Effective – 28 Aug 2017, 2 histories 169.460. Retirement, when — pensions, how computed — early retirement, when, pensions, how computed — disability retirement, when, pensions, how computed — death before retirement, effect of — beneficiary defined, benefits, how computed — retirants may become active, how — minimum benefits, when. — 1. Any member may […]
Effective – 28 Aug 2007 169.466. Annual pension increase, when. — 1. Any retired member with fifteen or more years of creditable service at retirement receiving retirement benefits on August 28, 1997, shall receive on January first of each year, commencing on January 1, 1998, an increase in the amount of benefits received by the […]
Effective – 28 Aug 2007 169.471. Board of education authorized to increase retirement benefits, adopt and implement additional plans. — 1. The board of education is authorized from time to time, in its discretion, to increase the retirement benefits now or hereafter provided pursuant to sections 169.410 to 169.540 and to adopt and implement additional […]
Effective – 28 Aug 2001 169.475. Retired member, employment as special advisor, duties, compensation — district to reimburse system, when. — 1. Any retired member now receiving pension benefits, who served five years or more as an employee of the school district and who retired after June 30, 1957, and prior to January 1, 1971, […]
Effective – 28 Aug 2001 169.476. Insurance for retired members may be provided — rules and regulations. — The retirement system may contribute toward an insurance plan for the benefit of retired members which may provide dental, hospital, surgical, medical, life, accident, and similar insurance benefits as approved by the board of trustees. Such contributions […]
Effective – 28 Aug 2001 169.480. Board to be trustees of funds — investment — income credited — payments, how made — current funds kept — duties of trustees. — 1. The board of trustees shall be the trustees of all the funds of the system and shall have full power to invest and reinvest […]
Effective – 28 Aug 2017, 2 histories 169.490. Assets of system to be held as one fund — contribution, rate, how collected — employer’s contribution rate to be calculated annually. — 1. All the assets of the retirement system shall be held as one fund. 2. (1) For any member hired before January 1, 2018, […]
Effective – 28 Aug 2001 169.500. Certification of amount to be paid to retirement system, inclusion in annual budget estimates. — On or before the first day of January of each year the board of trustees shall certify to the board of education, the board of trustees and the board of regents, and to the […]
Effective – 28 Aug 2001 169.510. Obligations of system paid how — effect of change in law. — 1. The payment of all pension benefits, refunds and other benefits or expenses pursuant to the provisions of sections 169.410 to 169.540 and all expenses in connection with the administration and operation of the retirement system are […]
Effective – 28 Aug 2014 169.520. Funds not subject to execution, garnishment or attachment and not assignable — exceptions. — Any funds created by sections 169.410 to 169.540 while in the charge and custody of the board of trustees of such retirement system shall not be subject to execution, garnishment, attachment or any other process […]
Effective – 28 Aug 1961 169.530. False statement, misdemeanor — correction of records — 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 such act, shall […]
Effective – 28 Aug 2001 169.540. State shall contribute no funds — exceptions. — The state of Missouri shall contribute no funds directly or indirectly to finance the plan to pay pension benefits by appropriation bills or otherwise, except those funds which the district may receive from time to time under a law or laws […]
