Summary of the Introduced Bill

HB 1130 -- Unused Annual Leave for Retirement

Sponsor:  Haywood

This bill revises provisions pertaining to credited service for
unused annual leave accumulated by members under the Highways and
Transportation Employees' and Highway Patrol Retirement System
(HTEHPRS), the Missouri State Employees' Retirement System
(MOSERS), and the Public School Retirement System (PSRS).

The bill allows members retiring under HTEHPRS, MOSERS, or PSRS
(who are employed by a state agency excluding colleges or
universities) to be credited with unused annual leave accruals.

Years of credited service will be based on a calculation which
entitles a member to one-twelfth of a year for each 168 hours of
unused accumulated annual leave.  The rate of annual leave
accrual for the purposes of computing years of service cannot
exceed 10 hours a month.  Members are prohibited from using
credited annual leave to vest in their respective retirement
systems.

Copyright (c) Missouri House of Representatives

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Missouri House of Representatives
92nd General Assembly, 2nd Regular Session
Last Updated September 23, 2004 at 11:14 am