HB 593 -- POLICE AND FIREMEN'S PENSION SYSTEM INVESTMENTS

Currently, the boards of trustees of police and firemen's pension
systems must invest the funds of the systems subject to all
terms, conditions, limitations, and restrictions imposed upon
life insurance or casualty companies.  This bill removes those
terms, conditions, limitations, and restrictions and requires the
boards to invest the funds as permitted in Sections 105.687 -
105.690, RSMo, regarding the duties of investment fiduciaries.

Missouri House of Representatives
95th General Assembly, 1st Regular Session
Last Updated November 17, 2009 at 9:25 am