Supplement: MO SB898 | 2024 | Regular Session | Summary: Introduced
Bill Title: Modifies provisions relating to pensions
Status: 2024-05-17 - S Bills with H Amendments [SB898 Detail]
Download: Missouri-2024-SB898-Summary_Introduced.html
This act also provides that not more than one trustee elected by the members shall be public safety personnel. Additionally, current law provides that the employer trustees shall be elected or appointed officials of the employers and shall not be members of the system and no more than one shall be from any one employer. This act provides that for terms beginning on or after January 1, 2025, employer trustees shall be either elected or appointed officials of the governing bodies of the employers or executive level employees certified by the governing bodies of the employers, but no more than one trustee shall be from any one employer, and no more than one trustee shall be a policeman, and no more than one trustee shall be a fireman, and no more than one trustee shall be public safety personnel.
Additionally, this act repeals the requirements on the annual meetings and elections of delegates. Furthermore, this act states that the elections of the trustees shall be arranged for and managed and conducted by the Board. Finally, this act provides that only four trustees shall constitute a quorum of the Board, instead of four trustees consisting of at least two member trustees and two employer trustees.
KATIE O'BRIEN