HB 934 -- Teachers and School Employee Retirement Sponsor: Graham This bill allows both teacher and non-teacher members of the Public School Retirement System who elected a reduced retirement allowance with the member's spouse named as the beneficiary to receive an increase in the member's retirement allowance if the member divorces the spouse beneficiary after the member's retirement. Upon the divorce of the member and beneficiary spouse, the member's retirement allowance will increase to the amount that the member would have received if that member chose a plan as an individual, rather than as a married person. Under current law, the member would only be able to name a subsequent spouse as a beneficiary and only if the divorce decree provided for sole retention of the retirement plan by the member.Copyright (c) Missouri House of Representatives