Missouri Revised Statutes

Chapter 169
Teacher and School Employee Retirement Systems

(View Entire Chapter)

August 28, 2008
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Sections:
169.010. Definitions.
169.020. System created, what districts included--trustees, appointment,
terms, qualifications, election, duties--venue--state auditor to
review audit, when--interest.
169.021. Transfer of teachers from urban district to state retirement
system--procedure.
169.022. Board of education in sections 169.020 and 169.021 defined.
169.030. Contributions by members and employees, exceptions--rate--withholding
required--board to fix rate, conditions.
169.033. Contributions by members may be required to be credited to members'
accounts by employer, board may adopt plan.
169.035. Additional deposits by members, when.
169.040. Funds of retirement system, how invested--delegation of investment
authority--investments, manner of making, form--designated
depository--electronic funds transfer required--closed meetings
authorized, when.
169.045. Bank deposits of system, how secured.
169.050. Membership--prior service credit, withdrawal--reinstatement
contributions.
169.055. Purchase of equivalent service, leave of absence--part-time teachers
may receive creditable service, when.
169.056. Private school, defined--membership credit for service in private
school, purchase, payment, requirements.
169.060. Retirement and disability.
169.070. Retirement allowances, how computed, election allowed, time
period--options--effect of federal O.A.S.I.
coverage--cost-of-living adjustment authorized--limitation of
benefits--employment of special consultant, compensation, minimum
benefits.
169.073. Partial lump sum distribution, when--options--calculation for
changes in distribution amount--death, effect of.
169.075. Survivors' benefits, options--purchase of prior service credits for
previous service in another Missouri public school retirement system,
cost--monthly retirement allowance--special consultant qualification,
compensation, duties--death prior to receipt of total accumulated
benefits, effect of.
169.076. Death without a valid designated beneficiary, effect of--most
recent valid designation of beneficiary revokes previous
designations.
169.080. Correction of errors in benefits--adjustment.
169.090. Funds not subject to execution, garnishment, attachment.
169.100. Gifts accepted.
169.110. Appropriations made by general assembly to be repaid in
two-year period.
169.130. Teachers at state institutions prior to August 13, 1986, to be
members--teachers employed by teachers' association to be members
--contributions.
169.140. Community college, public, full-time employee may be member of
retirement system, exception.
169.141. Successor beneficiary may be nominated by person receiving reduced
allowance, when, procedure.
169.142. (Transferred 1991; now 169.572)
169.270. Definitions.
169.280. Retirement system created--system, how managed.
169.291. Board of trustees, qualifications, terms--superintendent of school
district to be member--vacancies--lapse of corporate organization,
effect of--oaths--officers--expenses--powers and duties--medical
board, appointment--contribution rates of employers, amount.
169.295. Board of trustees, powers and duties.
169.296. Indemnity and protection of trustee or employee,
limitations--insurance--notice required, when.
169.301. Retirement benefits to vest, when--amount, how computed--option of
certain members to transfer plans, requirements--retirant becoming
active member, effect on benefits.
169.311. One year creditable service, how computed.
169.313. (Repealed L. 2004 H.B. 1502 § A merged with S.B. 1242 § A)
169.315. Rules, regulations to permit purchase of creditable service,
requirements--eligibility.
169.320. Member may retire, when.
169.322. Retirement for disability--periodic examination--subsequent
reemployment and retirement.
169.324. Retirement allowances, minimum amounts--retirants may substitute
without affecting allowance, limitation--annual determination of
ability to provide benefits, standards--action plan for use of
minority and women money managers, brokers and investment counselors.
169.326. Optional plans for payment of benefits--limitations--waiver.
169.328. Accumulated contributions returned to member, when.
169.331. Retired teachers may teach full time without loss of benefits,
when--school district requirements.
169.350. Assets held in two funds--source and disbursement--deductions
--contributions, employer may elect to pay part or all of employee's
contribution, procedure.
169.360. Trustees shall report annually to employers district's contribution,
certification--transfer of funds.
169.370. Obligations chargeable to general revenue fund--alteration of
existing rights prohibited.
169.380. Immunity from execution, garnishment or attachment.
169.390. Limitation of state contributions.
169.395. Procedural requirements waived for members, retirants and
beneficiaries, by board of trustees, when.
169.400. Correction of errors in benefits--adjustment.
169.410. Definitions.
169.420. Retirement system--how managed.
169.430. Who shall be members.
169.435. Revocation of election of coverage made on or ninety days after
October 13, 1961, procedure, effect on creditable service.
169.440. Years of service, how determined--purchase of credit for service,
limitations and conditions.
169.450. Trustees--selection, qualifications, powers and duties--circuit
court's jurisdiction over board--board's authority to make rules for
administering assets of system.
169.460. Retirement, when--pensions, how computed--early retirement, when,
pensions, how computed--disability retirement, when, pensions, how
computed--death before retirement, effect of--beneficiary defined,
benefits, how computed--retirants may become active, how--minimum
benefits, when.
169.462. (Repealed L. 2001 H.B. 660 § A)
169.466. Annual pension increase, when.
169.471. Board of education authorized to increase retirement benefits, adopt
and implement additional plans.
169.475. Retired member, employment as special advisor, duties, compensation
--district to reimburse system, when.
169.476. Insurance for retired members may be provided--rules and regulations.
169.480. Board to be trustees of funds--investment--income credited--payments,
how made--current funds kept--duties of trustees.
169.490. Assets of system to be held as one fund--contribution, rate, how
collected.
169.500. Certification of amount to be paid to retirement system, inclusion in
annual budget estimates.
169.510. Obligations of system paid how--effect of change in law.
169.520. Funds not subject to execution, garnishment or attachment and
not assignable--exceptions.
169.530. False statement, misdemeanor--correction of records--adjustment.
169.540. State shall contribute no funds--exceptions.
169.555. (Repealed L. 2005 H.B. 443 § A)
169.560. Retirees may be employed for limited time--salary amount, effect
on benefits.
169.561. Retirees return to work considered new membership in applicable
retirement system--vesting period, contributions, service
credit--termination, withdrawal of contributions, when.
169.563. Retirement in certain systems at fifty-five or older with five years
service, procedure, computation of benefits.
169.566. School retirement systems to conduct study.
169.569. Joint rules promulgated, procedure.
169.570. Employment of person having rights in more than one retirement
system, may purchase membership credit--purchase of equivalent
credit, when, requirements.
169.572. Dissolution of marriage, court not to divide retirement benefits
or Social Security benefits.
169.573. Plan for utilization of minority professionals, report.
169.574. Members may designate trust as beneficiary.
169.576. Authorizes board to provide for reciprocal creditable service
transfers with other states.
169.577. Purchase of additional creditable service to achieve minimum time
required for allowance--request, form, purchase, requirements, term.
169.580. Certain retired teachers may be employed as special
advisors--duties--salary.
169.585. Certain retired teachers to be employed by retirement system
as special school advisors and supervisors, when--actuarially
unsound, effect of.
169.587. Benefits exempted from taxation and creditors--benefits
not assignable.
169.589. Discharge from armed forces, defined--members may elect to pay
contribution to system for service time--reemployment by school
district, contribution by district to be paid, when.
169.590. Health plans for school district employees to include retirees,
families of retirees and survivors.
169.595. Sick leave or under workers' compensation, employee may receive
creditable service for leave time, requirements.
169.596. Retired teacher may teach full time without loss of retirement
benefits, when--school district requirements.
169.597. Hancock amendment standing--contingency.
169.600. Definitions.
169.610. System established--board of trustees to administer--funds
to be kept separate.
169.611. Community college district retirement system may merge with public
education employees' retirement system.
169.620. Contributions by members and employers--rate--penalty for failure
to remit--benefits to be reduced, when--purchase of service credit,
certain members, how.
169.625. Board of trustees may adopt plan requiring all contributions by
employee to be paid directly to retirement system.
169.630. Funds of system, how invested, how accounted for--bank or trust
company to serve as depository and intermediary in investment of
funds--title to securities, form--electronic funds transfer--closed
meetings authorized, when.
169.640. Bank deposits of system, how secured.
169.650. Membership--prior service credit--reinstatement--procedure.
169.655. Purchase of membership credit for service to organization supporting
education or research--limitations, requirements--transfer of funds.
169.660. Eligibility for retirement, when--temporary-substitute service for
retiree authorized, limitation, no contribution from retiree
required.
169.663. Disability retirement, when--return to duty, effect of disability
payments--disability defined.
169.670. Benefits, how computed--beneficiary benefits, options, election of.
169.673. Partial lump sum distribution, when--changes in distribution amount,
formula--death, effect of.
169.676. Death without a valid beneficiary designation, effect of--most
recent valid designation of beneficiary revokes previous
designations.
169.680. Penalty for false statements--correction of errors in
benefits--adjustment.
169.690. Funds not subject to execution, garnishment, attachment.
169.691. (Transferred 1978; now 169.587)
169.700. Gifts accepted.
169.710. (Repealed L. 2007 S.B. 613 Revision § A)
169.712. Transfer to public school retirement system, certain public
education employees, procedure.
169.715. Successor beneficiary may be nominated by person receiving reduced
allowance, when, procedure.

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