SECOND REGULAR SESSION

SENATE BILL NO. 1013

90TH GENERAL ASSEMBLY


INTRODUCED BY SENATOR STOLL.

Read 1st time February 14, 2000, and 1,000 copies ordered printed.



TERRY L. SPIELER, Secretary.

4412L.01I


AN ACT

To amend chapter 169, RSMo, relating to certain school retirement systems, by adding thereto one new section relating to the same subject.


Be it enacted by the General Assembly of the State of Missouri, as follows:

Section A.  Chapter 169, RSMo, is amended by adding thereto one new section, to be known as section 169.569, to read as follows:

169.569.  1.  In accordance with the recommendations made pursuant to section 169.566, the public school retirement system of Missouri, the public school retirement system of the Kansas City school district, the public school retirement system of the St. Louis city school district and the nonteacher school employee retirement system of Missouri created pursuant to this chapter shall promulgate joint rules, which shall provide for the recognition of service toward retirement eligibility rendered by certified and noncertified personnel under any of the four systems.  Such rules shall be limited to creditable service established with each system and shall in no event permit any transfer of creditable service or system assets.

2.  Rules required pursuant to subsection 1 of this section shall be approved, and may be amended, by a majority vote of a quorum of each board of the four retirement systems.  At least thirty days prior to the meeting of any board of one of the four retirement systems to vote on approving or amending such rules, a copy of the proposed rules or amendments shall be filed with the joint committee on public employee retirement.

3.  No rule or portion of a rule promulgated pursuant to the authority of this section shall become effective unless it has been promulgated pursuant to the provisions of chapter 536, RSMo.


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