|HB 0395||Relating to the State Employees' Retirement System|
|Sponsor:||SALLEE||Handling House Bill:|
|Last Action:||01/31/95 - Referred H Retirement Committee|
HB0395 Sallee, Mary Lou
P R E F I L E D
HB 395 -- State Employees' Retirement System
This bill establishes that if a MOSERS member comes out of retirement into either an elected or appointed position of the state, then his or her creditable service towards retirement will be calculated as though the member had never retired or received any retirement benefits, as long as the member comes out of retirement before having received 6 monthly benefit checks and reimburses MOSERS for any money received as retirement benefits. A retired MOSERS member who would have qualified for increased benefits had he or she been an employee upon the effective date of this section will be entitled to increased benefits calculated as though he or she were an employee on the effective date.