SECOND REGULAR SESSION

HOUSE BILL NO. 1560

91ST GENERAL ASSEMBLY

INTRODUCED BY REPRESENTATIVE HEGEMAN.

Read 1st time January 22, 2002, and 1000 copies ordered printed.

TED WEDEL, Chief Clerk

3973L.01I

AN ACT

To repeal section 104.270, RSMo, and to enact in lieu thereof one new section relating to public retirement systems.



Be it enacted by the General Assembly of the state of Missouri, as follows:

Section A. Section 104.270, RSMo, is repealed and one new section enacted in lieu thereof, to be known as section 104.270, to read as follows:

104.270. 1. The state highways and transportation commission may provide for insurance benefits to cover medical expenses and death for members of the state transportation department employees' and highway patrol retirement system. Any plan may provide medical benefits for dependents of members and for retired members. Death benefits shall be comparable to those provided for in section 104.517. Contributions by the state highways and transportation commission to provide the insurance benefits shall be on the same basis as provided for other state employees under the provisions of section 104.515. Except as otherwise provided by law, the cost of benefits for dependents of members and for retired members and their dependents shall be paid by the members. The state highways and transportation commission may contract for all, or any part of, the insurance benefits provided for in this section. If the state highways and transportation commission contracts for insurance benefits, or for administration of the insurance plan, such contracts shall be entered into on the basis of competitive bids.

2. Effective August 28, 2002, the contributions by the state highways and transportation commission to provide insurance benefits shall be a minimum base contribution equal to the level payable as of January 1, 2002. The contribution for medical benefits shall be provided to all retired members and their dependents. Each retired member and his or her dependent may incur an increase in the portion of the medical benefit contribution beginning on the first day of the calendar year.

Any increase in the member or dependent's portion of the medical contribution shall not exceed fifty percent of the cost-of-living adjustment determined in January of the preceding year pursuant to the provisions of section 104.1045. In no event shall the level of medical benefits provided be decreased for the purpose of cost savings.


Missouri House of Representatives