|
HCS/SB 283 - This act provides that a political subdivision that provides a retirement plan to some or all of its employees and that is an employer in the Missouri Local Government Employees' Retirement System (LAGERS) may enter into an agreement with LAGERS assigning all duties and responsibilities of operating the retirement plan to LAGERS. After making the necessary changes to the plan's governing documents, and receiving a concurring resolution from the prior plan's board of trustees, the political subdivision employer may enter into an agreement with the Board of LAGERS who will become the governing board of the political subdivision's prior plan. The prior plan shall be administered as a frozen prior system and will continue to operate under its existing governing documents. The political subdivision shall retain responsibility for the funding of its prior plan. These provisions are identical to HB 494 (2015) and similar to SB 675 (2014) and HB 1044 (2014). The act also modifies provisions of law relating to the Police Retirement System of the City of St. Louis. Currently the medical board which is responsible for determining disability retirement is composed of board of three physicians of different disciplines appointed by the trustees of the police retirement board. This act provides that the medical board shall be a health care organization appointed by the trustees of the police retirement board, and repeals provisions of law which state that opinions and recommendations to the board of trustees regarding disability retirement can be based upon the opinion of a single member or that of an outside specialists, if one is appointed. Under the act the medical board, rather than a medical director and appointed physicians, is now responsible for the arrangement of all medical examinations and investigations in connection with an application for disability retirement. The act repeals the existence of the board of police commissioners and grants the various duties of the board of police commissioners to the chief of police or the board of trustees of the police retirement system as specified in the act. These provisions are identical to provisions contained in HB 515 (2015), HCS/SCS/SB 270 (2015), and HCS/SCS/SB 300 (2015) JESSI BAKER
|
