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SB 17 - Under current law, any person retired from the Public School Retirement System of Missouri (PSRS) may be employed by an employer included in the retirement system in a position that does not normally require a Missouri teacher certification. Such a person may earn up to 60% of the statutory minimum teacher salary without a discontinuance of the person's retirement allowance. If any such person is employed in excess of the limitations, the person shall not be eligible to receive the person's retirement allowance for any month during which the person is employed. This act exempts any person retired and currently receiving a retirement allowance from PSRS employed by a public community college from such provisions of law. This act has an emergency clause. JOSIE BUTLER HA #1: THIS AMENDMENT CHANGES THE TITLE OF THE ACT FROM "PUBLIC SCHOOL RETIREMENT SYSTEM OF MISSOURI" TO "PUBLIC EMPLOYEE RETIREMENT SYSTEMS". HA #2: THIS AMENDMENT MODIFIES THE EMERGENCY CLAUSE TO APPLY ONLY TO SECTION 169.560. HA #3: UNDER THIS AMENDMENT, EACH POLITICAL SUBDIVISION MAY, BY MAJORITY VOTE OF ITS GOVERNING BODY, ELECT TO COVER CERTAIN EMPLOYEE CLASSES AS PUBLIC SAFETY PERSONNEL MEMBERS OF LAGERS. IF THE ELECTION IS MADE, THE COVERAGE PROVISIONS SHALL BE APPLICABLE TO ALL PAST AND FUTURE EMPLOYMENT WITH THE EMPLOYER BY PRESENT AND FUTURE EMPLOYEES. HA #4: THIS AMENDMENT MODIFIES EMPLOYER ELIGIBILITY FOR MOSERS FOR THE MISSOURI HOUSING DEVELOPMENT COMMISSION AND THE ENVIRONMENTAL IMPROVEMENT ENERGY RESOURCE AUTHORITY. HA #5: THIS AMENDMENT PROVIDES THAT ANY PERSON RECEIVING A RETIREMENT ALLOWANCE THROUGH PSRS & PEERS, WHO ELECTED A REDUCED RETIREMENT ALLOWANCE WITH HIS OR HER SPOUSE AS THE NOMINATED BENEFICIARY MAY HAVE THE RETIREMENT ALLOWANCE INCREASED TO THE AMOUNT THE RETIRED MEMBER WOULD BE RECEIVING, IF THE MARRIAGE OF THE RETIRED PERSON AND THE NOMINATED SPOUSE WAS DISSOLVED BY SEPTEMBER 1, 2017, AND SUCH DISSOLUTION SATISFIES CERTAIN CRITERIA SET FORTH IN THE AMENDMENT.
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