SB922 - Increases minumum retirement compensation for firemen and firemens' widows
| SB 0922
| Increases minumum retirement compensation for firemen and firemens' widows
|
| Sponsor: | Scott |
| LR Number: | 4240L.05C | Fiscal Note: | 4240.05 |
| Committee: | |
| Last Action: | 05/12/00 - In Conference | Journal page: | |
| Title: | HCS SB 922 |
| Effective Date: | August 28, 2000 |
Full Bill Text |
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Current Bill Summary
HCS/SB 922 - This House Committee Substitute in addition to
the original SB 922 contains several other acts as follows:
SB 922 - This act increases minimum retirement compensation
for widows of firemen and firemen. The current statutes provide
for a maximum dollar amount of $200 for widows, and a minimum
dollar amount of $350 for firemen. This act changes the dollar
amounts to percentages of federal poverty level, 75% and 100%
respectively. The current federal poverty level for a single
person is $8,244, or $687 monthly (75% is $515.25).
SB 616 - This act modifies provisions of the Missouri Local
Government Employees' Retirement System (LAGERS).
Section 70.605 - Grants board of trustees authority to
appoint and conduct its' own administrative hearings. Final
determination requires at least 4 board members approval and all
may be appealed under Chapter 536, RSMo.
Section 70.655 - Modifies L-6 program extending benefits to
Social Security covered employees. L-11 benefit program
providing a 2.5% formula for non-Social Security covered
employees added. Modifies current benefit programs providing
supplemental benefits to Social Security qualification.
Supplemental benefit will cease at age 62.
Section 70.661 - Eliminates 2-year marriage requirement
regarding duty, non-duty and death for survivor benefit. Deletes
the age 40 requirement for survivor benefits. Survivors less
than age 40 currently receive the 120 months benefit payment.
Eliminates archaic provision requiring member and survivor has
physically lived together.
Section 70.675 - Revises survivor provisions above
concerning age and marriage requirements for terminated vested
members.
Section 70.680 - Technical changes eliminating language
amended in Section 70.685, RSMo.
Section 70.685 - Revises calculation of benefit offset for
member's on disability receiving compensation from other
employment and/or workers' compensation.
SB 642 - This act increases the amount of retirement
compensation received by judges who retired prior to August 28,
1995 and are receiving retirement compensation on September 1,
2000. The qualified judges, upon application, shall be special
consultants on the problems of retirement, aging and other state
matters.
The increase in compensation is derived from recalculating
the consultant's benefit as though subsection 1 were in effect
when the judge retired. Subsection 1 increases retirement
compensation by the total of all COLAs retired judges received
from the time the consultant became eligible for retirement and
when he or she actually retired. The increase shall not exceed
sixty-five percent of the retirement compensation.
Benefit increases begin September 1, 2000. No retroactive
compensation is allowed under this section. There are
approximately 58 retired judges potentially affected by this
provision.
This act is similar to SB 140 (1999).
SB 821 - This act protects deferred compensation programs
for employees of all political subdivisions. It provides that a
person's right to an annuity, pension benefit, funds, retirement
allowance, a return on accumulated contributions, allowance
options, property, county retirement benefits, or deferred
compensation plans may not be subject to execution, garnishment,
attachment, writ of sequestration, bankruptcy, domestic relations
orders, or other claims. These benefits may only be assigned as
designated in Sections 50.1000 through 50.1300, RSMo. When a
person's pension benefit is in pay status, it shall be subject to
withholding pursuant to Section 452.350, RSMo.
SB 975 - This act pertains to the Kansas City Public School
Retirement System (KCPSRS) and the St. Louis Public School
Retirement System. The act expands the law to include charter
schools in KCPSRS and makes provisions for KCPSRS to continue if
the district lapses.
CHARTER SCHOOLS - Charter schools are considered public schools
and charter school employees are public school employees.
Independent contractors are not considered employees. Charter
school employees shall continue to be public school employees and
participate in a public school retirement system if the district
lapses due to unaccreditation.
Retired employees may not work for either a charter school
or the district, except for part-time work which is increased
from 530 to 600 hours.
PROVISIONS FOR LAPSE OF DISTRICT - KCPSRS shall continue to be
subject to existing KCPSRS law, even if the district lapses.
KCPSRS shall continue to be governed by a Board of Trustees
established under this section, even if the district lapses. If
the district lapses, KCPSRS shall not be transferred to or merged
with another system without prior approval of such action by the
KCPSRS Board of Trustees.
SCS/SB 1013 This act directs the four retirement systems
serving teacher and nonteacher employees of public schools in
Missouri to promulgate identical rules for the recognition of
service toward retirement eligibility. It prohibits transfer of
creditable service or assets among the systems. A majority of
all of the trustees of each board of the four systems is required
to approve or amend such rules.
SCS/SB 1015 - This act make several changes and
clarifications in statutes pertaining to the Kansas City Police
and Civilian Employee Retirement System. Among the changes are:
(1) Benefit formula increases from 2 to 2.5% for service
after August 28, 2000.
(2) The Board may grant cost of living adjustments of up to
three percent per year for both police and civilian retirees.
(3) Surviving spouses of police officers will be permitted
to remarry without loss of pension benefits.
(4) The minimum base pension for police retirees will be
$600.
(5) The Board voting rules for the Civilian Retirement
System are changed to correspond to the Police System. Both
systems will be required to have five or more voters in favor of
a motion before it is passed.
(5) The act increases the maximum benefit from sixty
percent to seventy-five percent of a member's final average
salary.
Several other clarifications are also made with no
substantive changes involved.
HB 1847 - This act raises the multiplier used for
calculating the annuity for employees covered by the
Transportation Department and Highway Patrol Employees and the
Missouri State Employees Retirement existing systems from 1.6 to
1.7.
HB 1955 - This act extensively revises the provisions of the
St. Louis City Police Retirement Plan. Most of the changes are
technical, making terminology consistent, updating out-of-date
references, and eliminating obsolete provisions. Among its more
substantive changes are the following:
(1) Clarifying the definition of "earnable compensation"
adding specifics about included and excluded elements;
(2) Authorizing the appointment of a fourth physician to
the medical board to act as an administrator and, with the
retirement board's consent, to appoint the members of the medical
board;
(3) Clarifying how the benefit cap is applied;
(4) For the surviving spouse of a deceased member,
including one who is receiving special consultant benefits,
stipulating that the benefits run until the earlier of the
spouse's death or remarriage and specifying that benefits for the
surviving spouse of a member who died in service after age 55 or
20 years of service will be increased in the same manner as the
service retirement allowance of a retired member;
(5) Prohibiting dependent benefits for a disabled child
over 18 who lives in a public-supported institution;
(6) Clarifying the effect of reemployment on the
distribution of a member's individual account;
(7) Deleting out-of-date provisions relating to the
technical handling of certain funds within the system; and
(8) Requiring the board to honor a member's obligation to
pay child support or maintenance when ordered by the court.
HB 1808 - This act repeals an outdated section for the St.
Louis Firemen's Retirement System. The repealed section
established special consultant status for members who retired
before October 1, 1982, and vested former members who ceased
membership before October 1, 1982, for which the benefit was
repayment of the member's contribution to the system without
interest.
TOM MORTON
HA 2 (O'TOOLE) - DELETES A PROPOSED BENEFIT INCREASE FOR
MOSERS RETIREES.
HA 3 (KISSELL) - POLITICAL SUBDIVISIONS MAY OFFER HEALTH
CARE COVERAGE TO RETIREES' DEPENDENTS AND DEPENDENTS OF DECEASED
EMPLOYEES.
HA 4 (HAGAN-HARRELL) - CERTAIN RETIREES OF THE PUBLIC SCHOOL
RETIREMENT SYSTEM MAY EXCEED FEDERAL MAXIMUM RECEIVED BENEFITS
IN EXCESS OF THAT ALLOWED UNDER FEDERAL LAW.
HA 5 (HAGAN-HARRELL) - EMERGENCY CLAUSE
HA 6 (HAGAN-HARRELL) - ST. LOUIS COUNTY SCHOOL DISTRICT
CANNOT CONTRACT FOR HEALTH BENEFITS WITH AN ENTITY IF THE
MEDICARE OUT-OF-POCKET EXPENSES FOR PRESCRIPTION DRUGS EXCEEDS
110% OF THAT FOR NON-MEDICARE COVERAGE.
HA 7 (CRUMP) - CONSERVATION AGENTS RETIREMENT INCREASED BY
33 1/3%
HA 8 (BACKER) - TEACHERS MAY RETURN TO TEACH FOR 2 YEARS
WITHOUT LOSS OF RETIREMENT.
HSA 1 TO HA 1 - SUBSTITUTES MAY ALSO RETURN.
HA 10 (KELLY) - CLARIFIES THAT THE SURVIVING SPOUSE OF
FIREMEN, NOT JUST THE WIDOW, IS ELIGIBLE FOR BENEFITS.
HA 11 (KELLY) - ST. JOSEPH FIREFIGHTERS MAY OPT INTO LAGERS;
ADDS A REPRESENTATIVE AND SENATOR TO LAGERS BOARD.
HA 12 (LEVIN) - SAME-SEX MARRIAGE WILL NOT QUALIFY FOR
SPOUSE BENEFITS.
HA 14 (CAMPBELL) - DELETES PROHIBITION ON PRIVATE FOR-PROFIT
EMPLOYEE PARTICIPATING IN KANSAS CITY PSRS.
HA 15 (TROUPE) - TWO YEAR MARRIAGE REQUIREMENT FOR SURVIVOR
BENEFITS UNDER LAGERS WILL NOT APPLY IF DEATH IS JOB RELATED.
HA 16 (PATEK) - RETIRED TEACHERS WHO REMARRY MAY COLLECT THE
REMAINDER OF THE BENEFIT THEY WOULD OTHERWISE HAVE RECEIVED.