SB 1258·MO·senate
Modifies the retirement allowance multiplier for certain members of the Public School Retirement System
FailedFiled Dec 1, 2025
Sponsor: Maggie Nurrenbern (D)
Latest Action
Second Read and Referred S Local Government, Elections and Pensions Committee
Jan 27, 2026
Summary
SB 1258 rewrites the formula that determines retirement allowances for members of the Public School Retirement System. It increases the multiplier from 2.55% to 2.6% for teachers and staff who have at least 33 years of creditable service, while leaving other service‑level multipliers unchanged. The change is intended to provide a modest boost to benefits for the longest‑serving educators.
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