Summary of the Perfected Version of the Bill

HB 1973 -- PUBLIC SCHOOL RETIREMENT SYSTEMS (Franz)

COMMITTEE OF ORIGIN:  Special Committee on Retirement

To the extent determined appropriate by the board of trustees,
this bill allows the Public School Retirement System of Missouri
and the Public Education Employee Retirement System of Missouri
to indemnify and protect any trustee or employee against
liability claims.  No employee or trustee will be entitled to
indemnification for his or her gross negligence or willful
misconduct or unless written notice is given to the board within
15 days of receiving a service of process.

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

Copyright (c) Missouri House of Representatives


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