Summary of the Introduced Bill

HB 347 -- Local Government Employees' Retirement System

Co-Sponsors:  Dempsey, Wright

Currently, if a retiree of the Missouri Local Government
Employees' Retirement System (LAGERS) becomes re-employed in a
covered position, the retiree is subject to a monthly allowance
forfeiture for each calendar year employed.  A retiree must also
continue to make contributions to LAGERS and is considered a
re-employed member.

This bill entitles retirees to continue to receive their
retirement allowance from LAGERS if they are not currently
receiving a retirement benefit from a political subdivision
resulting from employment in a position covered by LAGERS.

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Last Updated July 25, 2003 at 10:11 am