HB 624 -- State Retirement Systems

Sponsor:  Skaggs

This bill increases the retirement cost-of-living adjustment
(COLA) on or after September 1, 2005, for certain special
consultants and retirees covered under the Missouri State
Employees' Retirement System (MOSERS) and the Highways and
Transportation Employees' and Highway Patrol Retirement System
(HTEHPRS) from 80% to 100% of the Consumer Price Index, but is
limited to not more than 5% of the annuity amount payable
immediately before the payment of the COLA.  The COLA increase is
for both the closed plan and the Year 2000 Plan.

Missouri House of Representatives
93rd General Assembly, 1st Regular Session
Last Updated August 25, 2005 at 1:20 pm