Missouri State Senate


SB 411 - This act makes certain employees of the Missouri Development Finance Board members of the Missouri State Employee's Retirement System (MOSERS). These employees may purchase credited service for any period of employment as an employee of the board prior to August 28, 2009. Employees may decide whether to transfer their individual account balance under the board's plan to MOSERS. If necessary to pay for the employee's credit service, the board will be required to pay contributions to MOSERS.