Title VIII, PUBLIC OFFICERS AND EMPLOYEES, BONDS AND RECORDS

104.035. Deferred normal annuity on termination of employment to be paid to employee, requirements — reemployment and member of system, prior service credit restored, when — transportation department and highway patrol, deferred normal annuity, when, requirements. — 1. Any member…

104.040. Members to receive credit for prior service — military service to be considered — purchase of credit for service in the Armed Forces, cost, interest rate, computation — certain creditable prior service, purchase of, effect — nonfederal public employment, purchase of cred…

104.050. Years of service used in calculating annuity — noncompensated absences for illness and injury, effect — withdrawal before entitled to deferred annuity, relinquishes all rights — reinstatement of forfeited creditable service, when. — 1. Years of service and twelfths of a …

104.060. No payroll deductions — accumulated contributions refunded, when, to whom. — 1. No payroll deduction shall be made from the compensation of any employee for the Missouri state highway employees' and highway patrol retirement system fund after August 13, 1976. 2. When a m…

104.070. Board to submit estimate of amounts to be contributed by state — included in appropriation request. — At least ninety days before each regular session of the general assembly, the board shall certify to each department an actuarially determined estimate of the respective…

104.080. Member may retire when — waiver of monthly annuity, when. — Each member may retire the first of the month following the month during which such member shall reach normal retirement age with a normal annuity. Notwithstanding any other provisions to the contrary, a person …

104.081. Highway patrol retirement age. — Notwithstanding any other provision of law to the contrary, any uniformed member of the highway patrol may retire at age fifty-five with four years of creditable service with a normal annuity and shall retire at age sixty. ­­-------- (L. …

104.090. Normal annuity of retired member — additional allowance to patrolmen, qualifications — survivorship options — option selected prior to retirement, death of spouse, effect — spouse as beneficiary, effect — dissolution of marriage, cancellation of election, when. — 1. The …

104.100. Early retirement and retirement, service credits required at age fifty-five — sixty — sixty-five, exception — computation. — 1. Any member after attaining fifty-five years of age and having had at least ten years of creditable service may retire. In such case, the member…

104.1003. Definitions. — 1. Unless a different meaning is plainly required by the context, the following words and phrases as used in sections 104.1003 to 104.1093 shall mean: (1) "Act", the year 2000 plan created by sections 104.1003 to 104.1093; (2) "Actuary", an actuary who is…

104.1006. Year 2000 plan, citation, applicability of other provisions. — For the purpose of providing retirement income and other benefits to employees of the state, there is hereby created and established a benefit plan, which shall be under the management of boards of trustees …

104.1009. Membership in year 2000 plan. — 1. The membership of the year 2000 plan shall include the following persons: (1) Each person who first becomes an employee on or after July 1, 2000, and continues to be an employee; (2) Each person covered by the closed plan on July 1, 20…

104.1012. Plans to be managed by appropriate boards. — 1. Any new state employee who would have become a member of the closed plan administered by the transportation department and highway patrol retirement system except for the creation of the year 2000 plan and persons covered …

104.1015. Election into year 2000 plan, effect of — comparison of plans provided — calculation of annuity. — 1. Persons covered by a closed plan on July 1, 2000, shall elect whether or not to change to year 2000 plan coverage. Any such person who elects to be covered by the year …

104.1018. Vesting of benefits, when — reemployment of member, effect of. — 1. When a member is no longer employed in a position covered by the system, membership in the system shall thereupon cease. If a member has five or more years of credited service upon such member's termina…

104.1021. Credited service determined by board — calculation. — 1. The appropriate board shall determine how much credited service shall be given each member consistent with this section. 2. If a member terminates employment and is eligible to receive an annuity pursuant to the y…

104.1024. Retirement, application — annuity payments, how paid, amount — election to receive annuity or lump sum payment for certain employees, determination of amount. — 1. Any member who terminates employment may retire on or after attaining normal retirement eligibility by mak…

104.1027. Options for election of annuity reduction — spouse's benefits — dissolution of marriage, cancellation of election, when. — 1. Prior to the last business day of the month before the annuity starting date, a member or a vested former member shall elect whether or not to h…

104.103. Annual benefit increase, when, how computed — limitation — reversion of amount of benefit — special consultant, compensation. — 1. Each member who was employed prior to August 28, 1997, and retires on or after May 12, 1981, shall receive each year a percentage increase i…

104.1030. Death prior to annuity starting date, effect of — surviving spouse's benefits — children's benefits — applicability to members of general assembly and statewide officials. — 1. If a member with five or more years of credited service or a vested former member dies before…

104.1033. Early retirement annuity, when. — 1. Any member who has not attained normal retirement eligibility but who has at least five years of credited service may retire with an early retirement annuity on or after attainment of age fifty-seven and by making application in writ…

104.1036. Deferred annuity, when — annuity starting date election — death of member, effect on annuity. — 1. A member with five or more years of credited service who ceases to be a member, except by reason of death or retirement, shall be a vested former member entitled to a defe…

104.1039. Reemployment of a retiree, effect on annuity — cost-of-living adjustments. — If a retiree is employed as an employee by a department, the retiree shall not receive an annuity payment for any calendar month in which the retiree is so employed except, notwithstanding the …

104.1042. Long-term disability, effect on retiree's annuity. — 1. Any member pursuant to the year 2000 plan created by sections 104.1003 to 104.1093 and who becomes disabled and qualifies for long-term disability benefits and retires after August 28, 1999, or who becomes disabled…

104.1045. Cost-of-living adjustment, amount. — 1. Each person receiving an annuity shall be entitled to a cost-of-living adjustment (COLA) when there are increases in the consumer price index. The COLA shall be made annually beginning twelve months after the annuity starting date…

104.1048. Waiver of monthly payment or COLA. — A person receiving an annuity may waive monthly annuity payments or a cost-of-living adjustment (COLA) for periods of time, provided no waiver may be contrary to applicable federal law. A waiver shall be final as to any payment or CO…

104.1051. Annuity deemed marital property — division of benefits — calculation. — 1. Any annuity provided pursuant to the year 2000 plan is marital property and a court of competent jurisdiction may divide such annuity between the parties to any action for dissolution of marriage…

104.1054. Benefits are obligations of the state — benefits not subject to execution, garnishment, attachment, writ of sequestration — benefits unassignable — reversion of benefits, when — refund received, when. — 1. The benefits provided to each member and each member's spouse, b…

104.1057. Year 2000 plan, a qualified plan according to federal law. — The year 2000 plan is a qualified plan pursuant to the provisions of applicable federal law. The benefits and conditions of the year 2000 plan shall always be adjusted to ensure that the tax-exempt status is m…

104.1060. Erroneous amount paid, correction — penalty for falsification — disqualification from receipt of payments, when. — 1. Should any error result in any person receiving more or less than the person would have been entitled to receive had the error not occurred, the board s…

104.1063. Rulemaking authority. — Each system is authorized to promulgate rules to properly administer the system and govern its own proceedings and to hold hearings as required by law. The term "agency" and the term "state agency" as defined by section 536.010 shall not include …

104.1066. Actuarial valuations, methods used — certification of contribution rate, when. — 1. The year 2000 plan intends to follow a financing pattern which computes and requires contribution amounts which, expressed as percents of active member payroll, will remain approximately…

104.1069. Trust established, investment of funds. — 1. All assets of the year 2000 plan shall be dedicated to and held in trust for the persons covered by the year 2000 plan and for the purposes herein set out and no other. Each board shall have full power, in the name and on beh…

104.1072. Life insurance benefits — medical insurance for certain retirees. — 1. Each board shall provide or contract, or both, for life insurance benefits for employees covered pursuant to the year 2000 plan as follows: (1) Employees shall be provided fifteen thousand dollars of…

104.1075. Disability income benefits. — 1. Each board shall provide or contract, or both, for disability income benefits for employees pursuant to sections 104.1003 to 104.1093, and other persons specified by applicable state law, as follows: (1) Definitions of disability and oth…

104.1078. Separate accounts established for benefits — contributions by the state — board to determine premiums. — 1. Separate accounts for medical, life insurance and disability benefits provided pursuant to sections 104.1072 and 104.1075 shall be established as part of the fund…

104.1081. Life insurance and disability benefit programs established — board rules. — 1. Each board shall establish and implement life insurance and disability benefit programs as provided in the year 2000 plan. Each board shall establish rules of eligibility for participation in…

104.1084. Retirement benefits, general assembly members and statewide elected officials — COLA permitted, when — ineligibility for benefits — long-term disability, continued service credit accrual. — 1. For members of the general assembly, the provisions of this section shall sup…

104.1087. Credited service with multiple plans, payable annuity amount. — 1. If a member has credited service with more than one selected plan at time of separation of covered employment from all selected plans, then the annuity payable from each selected plan shall be based upon…

104.1089. Deferred annuity, when — forfeiture of creditable service and long-term disability benefits. — 1. Subject to the provisions of the Internal Revenue Code, in lieu of retirement annuity benefits otherwise payable under the closed plan or year 2000 plan by the Missouri sta…

104.1090. Additional credited service, when. — 1. Any member who as described in subdivision (1) of subsection 1 of section 104.1009 has been employed in a position covered by the system for at least ten or more years and has received credited service for such employment in the y…

104.1091. New employees, normal retirement eligibility — vesting requirements — temporary annuity, when — early retirement annuity, when — minimum credited service requirements — contribution amount — options — conditions for retirement after January 1, 2018, for certain employee…

104.1092. Deferred annuity, one-time election, when — forfeiture of creditable service — ineligibility for long-term disability benefits. — 1. In lieu of retirement annuity benefits otherwise payable under the closed plan or year 2000 plan, any member who has terminated employmen…

104.1093. Designation of an agent — benefit recipient defined — revocation of agent's authority. — 1. For purposes of this section, the term "benefit recipient" shall include any employee, beneficiary or retiree pursuant to sections 104.010 to 104.1093, any administrative law jud…

104.110. Disability benefits, who entitled, how calculated, terminated when — medical examination required, when — proof of application for Social Security benefits — death benefit, not payable, when — board to establish definitions — annuity benefits, accrual, election — death b…

104.120. Accumulated contributions paid as death benefit, when. — Upon the death of any member prior to his retirement, the board shall as soon as practicable pay to such beneficiary as the member may have designated in writing, or to his estate if no beneficiary be designated, a…