SB 1779·MO·senate
Modifies cost of living adjustments for members of the Public School Retirement System and the Public Education Employee Retirement System
FailedFiled Feb 26, 2026
Sponsor: Mike Henderson (R)
Latest Action
Second Read and Referred S Local Government, Elections and Pensions Committee
May 7, 2026
Summary
The bill revises the cost‑of‑living adjustment limit for retirees of Missouri’s public school pension systems, letting the 80% cap rise by up to 2% each year if the system’s investments outperform the board’s target rate. Retirees already at the cap would receive a one‑time 2% COLA when returns are sufficient, otherwise they get no increase. The change is intended to align retiree benefits with the financial health of the pension funds.
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