HCS SB 274 -- CERTAIN COUNTY EMPLOYEES' RETIREMENT SYSTEMS

SPONSOR:  Caskey (Harlan)

COMMITTEE ACTION:  Voted "do pass by consent" by the Committee
on Critical Issues, Consumer Protection and Housing by a vote of
18 to 0.

This substitute modifies the definition of the term "employee"
to include any county elective or appointive officer or employee
hired and fired by the circuit court of Boone County whose work
and responsibilities are directed and controlled by the circuit
court of Boone County.

The substitute also allows counties to make matching
contributions to the County Employees' Retirement Fund for
members employed by the county.  Currently, only the board may
make matching contributions.  Proceeds from a forfeiture
acquired from a county's matching contribution may continue to
be used toward that county's matching contributions.  A
forfeiture is the portion of a member's contribution account
that is forfeited when a member of the County Employees'
Retirement Fund has less than 5 years of creditable service and
leaves employment.

The substitute has an effective date of January 1, 2002.

FISCAL NOTE:  No impact on state funds.

PROPONENTS:  Supporters say that current funding of the County
Employees' Retirement System is somewhat precarious, and the
bill will help by allowing counties to match contributions.

Testifying for the bill were Representative Harlan; and County
Employees' Retirement Fund.

OPPONENTS:  There was no opposition voiced to the committee.

Donna Schlosser, Legislative Analyst

Missouri House of Representatives
Last Updated November 26, 2001 at 11:47 am