Summary of the Introduced Bill

HB 661 -- Public School Retirement Systems

Sponsor:  Moore

This bill authorizes members of the Public School Retirement
System of Missouri (PSRS) and the Public Education Employee
Retirement System of Missouri (PEERS) who have retired and
attained age 75 prior to January 1, 2008, to receive a
supplemental retirement benefit.  Beginning January 1, 2008,
through January 1, 2013, retirees will receive an additional
monthly benefit equal to $8 per month times their years of
service for PSRS members and $5 per month times their years of
service for PEERS members.

Copyright (c) Missouri House of Representatives


Missouri House of Representatives
94th General Assembly, 1st Regular Session
Last Updated July 25, 2007 at 11:20 am