Title VII, CITIES, TOWNS AND VILLAGES

86.030. Oath. — Each trustee shall, within ten days after his appointment or election, take an oath of office before the clerk of circuit court of said cities, that, so far as it devolves upon him he will diligently and honestly administer the affairs of the said board, and that …

86.033. Voting — quorum. — Each trustee shall be entitled to one vote in the board. Four votes shall be necessary for a decision by the trustees at any meeting of said board. ­­-------- (RSMo 1939 § 9468, A.L. 1947 V. I p. 418) Prior revision: 1929 § 8910

86.037. Board to have exclusive original jurisdiction — judicial review. — The board of trustees has exclusive original jurisdiction in all matters relating to or affecting the funds herein provided for, including, in addition to all other matters, all claims for annuities, benef…

86.040. Chairman, secretary, actuaries. — The board of trustees shall elect from its membership a chairman and shall, by majority vote of its members, appoint a secretary, who may be, but need not be one of its members. It shall engage such actuarial and other services as shall b…

86.043. Data and records of the board. — 1. The board of trustees shall keep in convenient form such data as shall be necessary for actuarial valuation of the various funds of the retirement system and for checking the experience of the system. 2. The board of trustees shall keep…

86.047. Legal adviser and medical board — duties. — 1. The city counselor of the said cities shall be the legal adviser of the board of trustees. 2. The board of trustees shall designate a medical board to be composed of three physicians who shall arrange for and pass upon all me…

86.050. Actuary — duties. — 1. The actuary shall be the technical adviser of board of trustees on matters regarding the operation of the funds created by the provisions of sections 86.010 to 86.193 and shall perform such other duties as are required in connection therewith. 2. Im…

86.053. Regular actuarial investigation. — In the year 1933 and at least once in each five-year period thereafter the actuary shall make an actuarial investigation into the mortality, service and compensation experience of the members and beneficiaries of the retirement system an…

86.057. Annual valuation of assets and liabilities. — On the basis of such tables as the board of trustees shall adopt, the actuary shall make an annual valuation of the assets and liabilities of the funds of the system created by sections 86.010 to 86.193. ­­-------- (RSMo 1939 …

86.060. Service retirement benefit. — Retirement of a member on a service retirement allowance shall be made by the board of trustees as follows: (1) Any member in service may retire upon his written application to the board of trustees setting forth at what time not less than th…

86.063. Allowance on service retirement — additional pension to persons having served in Armed Forces. — Upon retirement from service a member shall receive a service retirement allowance which shall consist of: (1) An annuity which shall be the actuarial equivalent of his accumu…

86.067. Ordinary disability retirement benefit. — Upon the application of a member in service or of the board of police commissioners, any member who has had ten or more years of creditable service shall be retired by the board of trustees, not less than thirty and not more than …

86.070. Allowance on ordinary disability retirement. — Upon retirement for ordinary disability a member shall receive a service retirement allowance if he has attained age sixty, otherwise he shall receive an ordinary disability retirement allowance which shall consist of: (1) An…

86.073. Accidental disability retirement. — Upon application of a member of the board of police commissioners any member who has become totally and permanently incapacitated for duty as the natural and proximate result of an accident occurring while in the actual performance of d…

86.077. Allowance on accidental disability retirement. — 1. Upon retirement for accidental disability, other than permanent total disability as defined in subsection 2 of this section, a member shall receive a service retirement allowance if he has attained the age of sixty; othe…

86.080. Reexamination of beneficiaries retired on account of disability. — Once each year during the first five years following the retirement of a member on a disability retirement allowance and once in every three-year period thereafter, the board of trustees may, and upon his …

86.083. Pension to be reduced, when. — Should the medical board report and certify to the board of trustees that such disability beneficiary is engaged in or is able to engage in a gainful occupation paying more than the difference between his retirement allowance and his average…

86.087. Retirement allowance to cease, when. — Should a disability beneficiary under age fifty-five be restored to active service at a compensation not less than his average final compensation, his retirement allowance shall cease, he shall again become a member and he shall cont…

86.090. Ordinary death benefit. — Upon the receipt of proper proofs of the death of a member in service there shall be paid to his estate or to such person having an insurable interest in his life as he shall have nominated by written designation duly executed and filed with the …

86.093. Accidental death benefit. — Upon the receipt by the board of trustees of proper proofs of the death of a member in service there shall be paid to his designated beneficiary, or to his estate, the amount of his accumulated contributions and if, upon the receipt of evidence…

86.097. Return of accumulated contributions. — Should a member cease to be a policeman except by death or retirement, he shall be paid on demand the amount of his accumulated contributions standing to the credit of his individual account in the annuity savings fund. ­­-------- (R…

86.100. Optional allowances. — With the provision that no optional selection shall be effective in case a beneficiary dies within thirty days after retirement, in which event such a beneficiary shall be considered as an active member at the time of death. Until the first payment …

86.1000. Contributions to pension fund by city — board to certify to board of police commissioners amount required. — 1. The city shall contribute to the pension fund quarter-annually or at such lesser intervals as may be agreed upon by the city and the retirement board. Such con…

86.1010. Members' retirement contributions, amount, how determined. — Except as provided in subsection 5 of section 86.1100, the board of police commissioners shall cause to be deducted from the compensation of each member who is accruing creditable service a percentage of such m…

86.1020. Board to act as trustee of certain funds — powers of the board. — 1. The retirement board shall act as trustee of the funds created by or collected under the provisions of sections 86.900 to 86.1280. With appropriate safeguards against loss by the retirement system, the …

86.103. Pensions offset by compensation benefits. — Any amounts which may be paid or payable by the said cities under the provisions of any workers' compensation or similar law to a member or to the dependents of a member on account of any disability or death shall be offset agai…

86.1030. Benefits and administrative expenses to be paid by retirement system funds — commencement of base pension — death of a member, effect of. — 1. All benefits and all necessary administrative expenses of the retirement system shall be paid from the funds of the retirement s…

86.1040. Retirement benefits not subject to execution, garnishment, or attachment — tax-exempt status of funds. — The right of any person to pension or pensions, to the return of contributions, disability or death benefits, or any other right accrued or accruing to any person und…

86.1050. Criminal liability not limited by retirement system laws — correction of errors. — Nothing contained in sections 86.900 to 86.1280 shall in any way limit the criminal liability of any person subject to prosecution under any law which is now or may hereafter be in force. …

86.1060. Board may sue and be sued — service of process, procedure. — 1. The retirement board may sue and be sued in its own name. Such suits shall constitute suits by or against the members of the retirement board in their representative capacities and not as individuals. 2. Ser…

86.107. Trustees to manage funds. — The board of trustees shall be the trustees of the several funds created by sections 86.010 to 86.193 as provided in section 86.123 and shall have full power to invest and reinvest such funds and shall have full power to hold, purchase, sell, a…

86.1070. Findings of the board — review. — 1. In any hearing conducted by the retirement board, the board's findings on all issues of fact shall be final and conclusive upon all parties concerned when such findings are supported by competent and substantial evidence. 2. Any rulin…

86.1080. Purchase of insurance policies permitted — indemnification — expenses of court proceedings may be paid, when. — 1. The retirement board may purchase with retirement system assets from one or more insurers licensed to do business in this state one or more insurance polici…

86.1090. Membership of persons entering or reentering the force after effective date of retirement system. — 1. All persons who enter or reenter the service of the such cities as police officers for compensation after the date this police retirement system becomes effective shall…

86.110. Interest on funds. — The board of trustees annually shall allow regular interest on the mean amount for the preceding year in each of the funds with the exception of the expense fund. The amount so allowed shall be due and payable to said funds and shall be annually credi…

86.1100. Creditable service, board to fix and determine by rule. — 1. The retirement board shall fix and determine by proper rules and regulations how much service in any year is equivalent to one year of service. In no case shall more than one year of service be creditable for a…

86.1110. Military leave of absence, effect of — service credit for military service, when. — 1. Whenever a member is given a leave of absence for military service and returns to employment after discharge from the service, such member shall be entitled to creditable service for t…

86.1120. Termination of members after five or more years of service, credit towards retirement. — Members who terminate membership with five years or more of creditable service and later return to membership may be given credit toward retirement for prior creditable service, subj…

86.113. Treasurer of city to be custodian of funds — vouchers. — The treasurer of the said cities shall be the custodian of the several funds. All payments from said funds shall be made by him only upon vouchers signed by two persons designated by the board of trustees. A duly at…

86.1130. Membership, terminated when. — Each person who becomes a member of the police retirement system under the provisions of sections 86.900 to 86.1280 shall remain a member until the earliest to occur of the following events: (1) The termination of service of such person and…

86.1140. Leave of absence not to act as termination of membership — creditable service permitted, when. — 1. Should any member be granted leave of absence by the board of police commissioners, such member shall not, because of such absence, cease to be a member. 2. If a member is…

86.1150. Retirement age — base pension amount. — 1. Any Tier I member may retire when such member has completed twenty-five or more years of creditable service. Upon such retirement such member shall receive a base pension equal to: (1) For a member retiring prior to August 28, 2…

86.1151. Tier II members, retire when — benefits, how computed. — 1. Any Tier II member may retire when such member has completed twenty-seven or more years of creditable service. Upon such retirement such member shall receive a base pension equal to two and one-half percent of s…

86.1160. Termination of membership prior to death or retirement, effect of. — Whenever a member's service is terminated for any reason prior to death or retirement and such member has less than fifteen years of creditable service, or a member's service is terminated after convict…

86.117. Ten percent of fund may be in available cash — how kept. — For the purpose of meeting disbursements for pensions, annuities, and other payments, there may be kept available cash not exceeding ten percent of the total amount in the several funds of the retirement system on…

86.1170. Pension benefit after twenty-five years of service or injury in line of duty, when — retirees appointed as consultants to board, when. — 1. Any member who retires after August 28, 2000, who is entitled to a pension benefit under the provisions of sections 86.900 to 86.12…