Modifies provisions relating to retirement, including Tier 2011 and deferred compensation
SCS Voted Do Pass w/SCS SBs 1557 & 1054 Local Government, Elections and Pensions Committee (6554S.03C)
Summary
The bill replaces sections 104.1091 and 105.915 of Missouri law with new provisions that set retirement age and service requirements for state employees, highway patrol members, legislators, and statewide elected officials. It also requires employers to pay a 4% employee contribution on the employee’s behalf and outlines how former members can receive refunds of contributions and interest. The changes apply to anyone who first became a state employee on or after Jan. 1, 2011.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
Topics
Track this bill
Get real-time alerts when SB 1557 changes status, plus AI-powered summaries and stage predictions.
Sign up free