HCS HB 1774 -- PUBLIC SCHOOL RETIREMENT SYSTEM OF MISSOURI
(Wallace)

COMMITTEE OF ORIGIN:  Special Committee on Retirement

This substitute requires the Public School Retirement System of
Missouri when calculating a member's final average salary to
disregard any increase in compensation in excess of 10% from one
year to the next in the final average salary period for the
superintendent of schools or other certified central office
personnel of a school district or 20% for any other member.

The substitute contains an emergency clause.

FISCAL NOTE:  No impact on state funds in FY 2009, FY 2010, and
FY 2011.

Missouri House of Representatives
94th General Assembly, 2nd Regular Session
Last Updated October 15, 2008 at 3:11 pm