HB 875 -- COUNTY EMPLOYEES' RETIREMENT SYSTEM (Franz)

COMMITTEE OF ORIGIN:  Special Committee on Retirement

Currently, members of the County Employees' Retirement System who
terminate employment and have a fund balance of $5,000 or less in
their defined contribution account receive a lump sum
distribution automatically.  This bill changes the account
balance to $1,000 or less.

FISCAL NOTE:  No impact on state funds in FY 2008, FY 2009, and
FY 2010.

Missouri House of Representatives
94th General Assembly, 1st Regular Session
Last Updated July 25, 2007 at 11:20 am