reglab/statecodes huggingface dataset:
2023 Missouri Revised Statutes › Title VII - Cities, Towns and Villages › Chapter 87 - Firefighters' Retirement and Relief Systems › Section 87.215 - Reduction and suspension of pension, when.

Title VII CITIES, TOWNS AND VILLAGES
Chapter 87
• Effective - 28 Aug 2001
87.215. Reduction and suspension of pension, when. —
1. If the medical board reports and certifies to the board of trustees that the disability beneficiary is engaged or is able to engage in a gainful occupation other than firefighter paying more than the difference between his or her retirement allowance and one and one-half times the then current rate of pay for the rank held by the member at the time of retirement, and if the board of trustees concurs in the report, then the amount of his or her retirement allowance shall be reduced to an amount which together with the amount earnable by him or her in such other occupation shall equal the amount of such current rate of pay. If his or her earning capacity is later changed, the amount of his or her retirement may be further modified. If any such disability beneficiary is found by such medical board to be able to engage in the occupation of firefighter, his or her retirement allowance shall not cease until he or she is restored to active service at the position and title held by such disability beneficiary at the time such disability occurred.
2. If a disability beneficiary is restored to active service, his or her retirement allowance shall cease and he or she shall again become a member. His or her creditable service at the time of his or her retirement shall be restored to full force and effect and in addition, upon his or her subsequent retirement, he or she shall be credited with all his or her additional service as a member, and if his or her then average final compensation is less than the average final compensation used in determining his or her disability benefits, the latter amount shall be used in determining benefits. In addition, an accident-disabled member restored to active service shall be credited with all the time he or she has served as a beneficiary.
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(L. 1943 p. 708 § 6, A.L. 1959 S.B. 314 §§ 86.537, 86.538, A.L. 1965 p. 212, A.L. 1967 p. 168, A.L. 1983 H.B. 694 & 171, A.L. 2001 S.B. 290)
2023 Missouri Revised Statutes › Title VII - Cities, Towns and Villages › Chapter 87 - Firefighters' Retirement and Relief Systems › Section 87.230 - Widow may serve as special consultant, when, compensation, duties.

Title VII CITIES, TOWNS AND VILLAGES
Chapter 87
• Effective - 01 Jul 2000, see footnote
87.230. Widow may serve as special consultant, when, compensation, duties. —
1. Any widow who is receiving retirement benefits, upon application to the board of trustees of the retirement system, shall be made, constituted, appointed and employed by the board as a special consultant on the problems of retirement, aging, and other state matters, for the remainder of her life, and upon request of the board, give opinions, and be available to give opinions in writing, or orally, in response to such request, as may be required, and for such services shall be compensated monthly, in an amount, which, when added to any monthly retirement benefits being received, shall not exceed fifty percent of the deceased member's average final compensation or seventy-five percent of the federal poverty level for a single person as set and updated by the United States Department of Health and Human Services or its successor agency, whichever is greater.
2. This compensation shall be consolidated with any other retirement benefits payable to such widow, and shall be paid in the manner and from the same fund as her other retirement benefits under this chapter, and shall be treated in all aspects under the laws of this state as retirement benefits paid pursuant to this chapter.
3. The employment provided for by this section shall in no way affect any person's eligibility for retirement benefits under this chapter, or in any way have the effect of reducing retirement benefits, anything to the contrary notwithstanding.
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(L. 1959 S.B. 314 § 86.542, A.L. 1965 p. 214, A.L. 1969 p. 163, A.L. 1980 H.B. 1139 & 1140, A.L. 1983 H.B. 694 & 171, A.L. 2000 H.B. 1808)
Effective 7-01-00
2023 Missouri Revised Statutes › Title VII - Cities, Towns and Villages › Chapter 87 - Firefighters' Retirement and Relief Systems › Section 87.231 - Surviving spouse as special consultant to the board, when — compensation — effect on eligibility for retirement benefits.

Title VII CITIES, TOWNS AND VILLAGES
Chapter 87
• Effective - 28 Aug 2002
87.231. Surviving spouse as special consultant to the board, when — compensation — effect on eligibility for retirement benefits. —
1. In lieu of any benefits payable pursuant to section 87.230, any surviving spouse who is receiving retirement benefits, upon application to the board of trustees of the retirement system, shall be made, constituted, appointed and employed by the board as a special consultant on the problems of retirement, aging, and other state matters, for the remainder of his or her life, and upon request of the board, give opinions, and be available to give opinions in writing, or orally, in response to such request, as may be required, and for such services shall be compensated monthly, in an amount, which, when added to any monthly retirement benefits being received, shall not exceed fifty percent of the deceased member's average final compensation or five hundred twenty-five dollars, whichever is greater.
2. This compensation shall be consolidated with any other retirement benefits payable to such surviving spouse, and shall be paid in the manner and from the same fund as his or her other retirement benefits under this chapter, and shall be treated in all aspects under the laws of this state as retirement benefits paid pursuant to this chapter.
3. The employment provided for by this section shall in no way affect any person's eligibility for retirement benefits under this chapter, or in any way have the effect of reducing retirement benefits, anything to the contrary notwithstanding.
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(L. 2002 H.B. 1455 merged with S.B. 1107)
Effective 7-11-02 (H.B. 1455); 8-28-02 (S.B. 1107)
2023 Missouri Revised Statutes › Title VII - Cities, Towns and Villages › Chapter 87 - Firefighters' Retirement and Relief Systems › Section 87.237 - Retiree to become special advisor, when, compensation.

Title VII CITIES, TOWNS AND VILLAGES
Chapter 87
• Effective - 28 Aug 2001
87.237. Retiree to become special advisor, when, compensation. —
1. Any person who served as a firefighter and who is retired and receiving a retirement allowance of less than one hundred percent of the federal poverty level for a single person as set and updated by the United States Department of Health and Human Services or its successor agency may act as a special advisor to the retirement system.
2. For the additional service as a special advisor, each retired person shall receive, in addition to the retirement allowance provided pursuant to this chapter, an additional amount, which amount, together with the retirement allowance he or she is receiving pursuant to other provisions of this chapter, shall equal, but not exceed, one hundred percent of the federal poverty level for a single person as set and updated by the United States Department of Health and Human Services or its successor agency. Any retirement allowance paid to a retiree pursuant to this subsection shall be withdrawn from the firefighters' retirement and relief system fund and no moneys shall be withdrawn from the general revenue fund of any city not within a county.
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(L. 1982 H.B. 904, A.L. 2000 H.B. 1808, A.L. 2001 S.B. 290)
2023 Missouri Revised Statutes › Title VII - Cities, Towns and Villages › Chapter 87 - Firefighters' Retirement and Relief Systems › Section 87.238 - Retired firefighters to act as special advisors to retirement system, when — compensation.

Title VII CITIES, TOWNS AND VILLAGES
Chapter 87
• Effective - 28 Aug 2002
87.238. Retired firefighters to act as special advisors to retirement system, when — compensation. —
1. In lieu of any benefit payable pursuant to section 87.237, any person who served as a firefighter and who is retired and receiving a retirement allowance of less than six hundred twenty-five dollars may act as a special advisor to the retirement system.
2. For the additional service as a special advisor, each retired person shall receive, in addition to the retirement allowance provided pursuant to this chapter, an additional amount, which amount, together with the retirement allowance he or she is receiving pursuant to other provisions of this chapter, shall equal, but not exceed, six hundred twenty-five dollars. Any retirement allowance paid to a retiree pursuant to this subsection shall be withdrawn from the firefighters' retirement and relief system fund and no moneys shall be withdrawn from the general revenue fund of any city not within a county.
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(L. 2002 H.B. 1455 merged with S.B. 1107)
Effective 7-11-02 (H.B. 1455); 8-28-02 (S.B. 1107)
2023 Missouri Revised Statutes › Title VII - Cities, Towns and Villages › Chapter 87 - Firefighters' Retirement and Relief Systems › Section 87.240 - Accumulated contributions to be refunded, when.

Title VII CITIES, TOWNS AND VILLAGES
Chapter 87
• Effective - 28 Aug 2001
87.240. Accumulated contributions to be refunded, when. —
If a member ceases to be a firefighter except by death or retirement, the firefighter shall be paid on demand the amount of his or her accumulated contributions standing to the credit of his or her individual account in the members' savings fund, and such a member who has left his or her contributions with the system may later withdraw his or her accumulated contributions at any time prior to the beginning of his or her retirement benefits.
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(L. 1943 p. 708 § 6, A.L. 1959 S.B. 314 § 86.550, A.L. 2001 S.B. 290)
2023 Missouri Revised Statutes › Title VII - Cities, Towns and Villages › Chapter 87 - Firefighters' Retirement and Relief Systems › Section 87.245 - Remainder of accumulated contributions paid to beneficiary.

Title VII CITIES, TOWNS AND VILLAGES
Chapter 87
• Effective - 28 Aug 1959
87.245. Remainder of accumulated contributions paid to beneficiary. —
If there are no further benefits otherwise payable under sections 87.120 to 87.370 and the total amount of benefits paid to date is less than an amount equal to the accumulated contributions of the member at his death or at his retirement whichever occurred first, the difference shall be paid to the beneficiary named to receive the amount or if no such beneficiary is living, to the beneficiary or the estate of the beneficiary last entitled to benefits.
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(L. 1959 S.B. 314 § 86.551)
2023 Missouri Revised Statutes › Title VII - Cities, Towns and Villages › Chapter 87 - Firefighters' Retirement and Relief Systems › Section 87.250 - Benefits under this law payable to whom.

Title VII CITIES, TOWNS AND VILLAGES
Chapter 87
• Effective - 28 Aug 1959
87.250. Benefits under this law payable to whom. —
All members who are firemen on or after the effective date of this section and their beneficiaries shall receive benefits as provided by sections 87.120 to 87.370, and all members and retired members who are not firemen as of the effective date of this section and their beneficiaries shall receive benefits as provided by the laws in effect prior thereto.
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(L. 1959 S.B. 314 § 86.555)
2023 Missouri Revised Statutes › Title VII - Cities, Towns and Villages › Chapter 87 - Firefighters' Retirement and Relief Systems › Section 87.255 - Amounts payable by city under chapter 287 to be set off.

Title VII CITIES, TOWNS AND VILLAGES
Chapter 87
• Effective - 28 Aug 1963
87.255. Amounts payable by city under chapter 287 to be set off. —
Any amounts which may be paid or payable by the city under the provisions of chapter 287 to a member or to the dependents of a member on account of any disability or death shall be offset against and payable in lieu of any benefits payable out of funds provided by the city under the provisions of sections 87.120 to 87.370 on account of the same disability or death. In case the present value of the total commuted benefits under chapter 287 is less than the reserve on the benefits otherwise payable from funds provided by the city under sections 87.120 to 87.370, then the present value of the commuted payments shall be deducted from the reserve and such benefits as may be provided by the reserve so reduced shall be payable under the provisions of sections 87.120 to 87.370.
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(L. 1943 p. 708 § 6, A.L. 1959 S.B. 314 § 86.557, A.L. 1963 p. 144)
2023 Missouri Revised Statutes › Title VII - Cities, Towns and Villages › Chapter 87 - Firefighters' Retirement and Relief Systems › Section 87.260 - Board of trustees shall have exclusive authority to invest and reinvest funds in property.

Title VII CITIES, TOWNS AND VILLAGES
Chapter 87
• Effective - 12 Jun 2006, see footnote
87.260. Board of trustees shall have exclusive authority to invest and reinvest funds in property. —
The board of trustees of the firefighters' retirement system shall have the exclusive authority and discretion to invest and reinvest the funds in property of any kind, real or personal. The board of trustees shall invest and manage the fund as a prudent investor would, by considering the purposes, terms, distribution requirements, and other circumstances of the firefighters' retirement system. In satisfying this standard, the board of trustees shall exercise reasonable care, skill, and caution. No trustee shall have any interest as a trustee in the gains or profits made on any investment, except benefits from interest in investments common to all members of the plan, if entitled thereto.
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(L. 1943 p. 708 § 7, A.L. 1959 S.B. 314 § 86.560, A.L. 1979 S.B. 280, A.L. 2006 H.B. 1344)
Effective 6-12-06
CROSS REFERENCE:
Multinational banks, securities and obligations of, investment in, when, 409.950
2023 Missouri Revised Statutes › Title VII - Cities, Towns and Villages › Chapter 87 - Firefighters' Retirement and Relief Systems › Section 87.262 - Representative may be appointed to hold title to investments.

Title VII CITIES, TOWNS AND VILLAGES
Chapter 87
• Effective - 28 Aug 1979
87.262. Representative may be appointed to hold title to investments. —
Nothing in the provisions of sections 87.120 to 87.370 shall be construed as prohibiting the retirement system from appointing, designating, and using a nominee or representative for purposes of acquiring, holding title to, and disposing of those investments which are authorized by section 87.260.
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(L. 1979 S.B. 280)
2023 Missouri Revised Statutes › Title VII - Cities, Towns and Villages › Chapter 87 - Firefighters' Retirement and Relief Systems › Section 87.265 - Interest to be allowed — credit to members' accounts.

Title VII CITIES, TOWNS AND VILLAGES
Chapter 87
• Effective - 28 Aug 1959
87.265. Interest to be allowed — credit to members' accounts. —
The board of trustees annually shall allow interest at the rate determined by the board on the mean amount for the preceding year in each of the funds with the exception of the expense fund. The amount so allowed shall be due and payable to the funds and shall be annually credited thereto by the board of trustees from interest and other earnings on the moneys and other assets of the retirement system. From the interest allocated to the members' savings fund, the board of trustees shall annually credit each member's individual account with interest on the largest balance remaining in each account for the entire year and at the rate determined by the board.
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(L. 1943 p. 708 § 7, A.L. 1959 S.B. 314 § 86.561)
2023 Missouri Revised Statutes › Title VII - Cities, Towns and Villages › Chapter 87 - Firefighters' Retirement and Relief Systems › Section 87.270 - City treasurer to keep funds, how disbursed.

Title VII CITIES, TOWNS AND VILLAGES
Chapter 87
• Effective - 28 Aug 1959
87.270. City treasurer to keep funds, how disbursed. —
The treasurer of the city shall be the custodian of the several funds. All payments from the funds shall be made by him only upon vouchers signed by two persons designated by the board of trustees. A duly attested copy of the resolution of the board of trustees designating the persons and bearing on its face specimen signatures of the persons shall be filed with the treasurer as his authority for making payments upon the vouchers. No voucher shall be drawn unless it shall previously have been allowed by the board of trustees.
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(L. 1943 p. 708 § 7, A.L. 1959 S.B. 314 § 86.562)
2023 Missouri Revised Statutes › Title VII - Cities, Towns and Villages › Chapter 87 - Firefighters' Retirement and Relief Systems › Section 87.275 - Amount kept on deposit.

Title VII CITIES, TOWNS AND VILLAGES
Chapter 87
• Effective - 28 Aug 1959
87.275. Amount kept on deposit. —
For the purpose of meeting disbursements for benefits and other payments there may be kept available cash not exceeding ten percent of the total amount in the several funds of the retirement system on deposit in one or more banks or trust companies in the city, organized under the laws of the state of Missouri, or of the United States. The amount on deposit in any one bank or trust company shall not exceed twenty-five percent of the paid up capital and surplus of the bank or trust company.
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(L. 1943 p. 708 § 7, A.L. 1959 S.B. 314 § 86.563)
2023 Missouri Revised Statutes › Title VII - Cities, Towns and Villages › Chapter 87 - Firefighters' Retirement and Relief Systems › Section 87.280 - Trustees, employees not to have interest in contracts or money.

Title VII CITIES, TOWNS AND VILLAGES
Chapter 87
• Effective - 28 Aug 1959
87.280. Trustees, employees not to have interest in contracts or money. —
Except as herein provided, no trustee and no employee of the board shall have any direct interest in the gains or profits of any investment made by the board of trustees, nor as such receive any pay or emolument for his services. No trustee or employee of the board of trustees shall directly or indirectly for himself or as an agent in any manner use the assets of the retirement system except to make such current and necessary payments as are authorized by the board of trustees, nor shall any trustee or employee of the board become an endorser or surety or become in any manner an obligor for moneys loaned by or borrowed from the board of trustees.
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(L. 1943 p. 708 § 7, A.L. 1959 S.B. 314 § 86.564)
2023 Missouri Revised Statutes › Title VII - Cities, Towns and Villages › Chapter 87 - Firefighters' Retirement and Relief Systems › Section 87.285 - Assets in four funds — names of.

Title VII CITIES, TOWNS AND VILLAGES
Chapter 87
• Effective - 28 Aug 1959
87.285. Assets in four funds — names of. —
All the assets of the retirement system shall be credited according to the purpose for which they are held to one of four funds; namely, the members' savings fund, the benefit reserve fund, the general reserve fund, and the expense fund. The board of trustees is authorized to transfer and close out the fund accounts as provided prior to the effective date of sections 87.120 to 87.370 into the appropriate fund accounts provided by sections 87.120 to 87.370.
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(L. 1943 p. 708 § 8, A.L. 1959 S.B. 314 § 86.565)
2023 Missouri Revised Statutes › Title VII - Cities, Towns and Villages › Chapter 87 - Firefighters' Retirement and Relief Systems › Section 87.288 - Retired firefighter not receiving cost-of-living benefit, special consultant — compensation, amount.

Title VII CITIES, TOWNS AND VILLAGES
Chapter 87
• Effective - 28 Aug 2001
87.288. Retired firefighter not receiving cost-of-living benefit, special consultant — compensation, amount. —
1. Any person who served as a firefighter who is retired and not receiving a cost-of-living benefit and any surviving spouse or dependent child receiving retirement benefits, but not receiving a cost-of-living benefit shall be made, constituted, and appointed as a special consultant on the problems of retirement, aging, and other state matters, and be available to give opinion in writing or orally, in response to such requests as may be required and for such services shall be compensated annually in accordance with the provisions of subsection 2 of this section.
2. Effective September 1, 1996, and annually thereafter, one-half of the annual interest earned in the future benefits fund created pursuant to section 87.287
*
shall be appropriated to provide an ad hoc COLA administered by the board of trustees and from September 1, 2016, and annually thereafter three-fourths of the annual interest earned in the future benefits fund created pursuant to section 87.287
*
shall be appropriated to provide an ad hoc COLA administered by the board of trustees based upon the formula in this subsection. The distributable amount shall be divided by the number of retirees and surviving spouses and dependent children eligible to receive the ad hoc COLA pursuant to this provision calculated and distributed based upon the following years of service:
(1) Members retiring with thirty or more years of service shall receive a full share of the distributable amount;
(2) Members retiring with twenty-five or more years of service but less than thirty years shall receive a three-quarter share of the distributable amount;
(3) Members retiring with less than twenty-five years shall receive a one-half share of the distributable amount;
(4) Surviving spouses and dependent children shall receive one-half of the ad hoc COLA the member would have been entitled to receive.
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(L. 1995 H.B. 260, et al. merged with S.B. 404, A.L. 2001 S.B. 290)
*Section 87.287 was repealed by S.B. 1001, 2000.
2023 Missouri Revised Statutes › Title VII - Cities, Towns and Villages › Chapter 87 - Firefighters' Retirement and Relief Systems › Section 87.290 - Members' savings fund.

Title VII CITIES, TOWNS AND VILLAGES
Chapter 87
• Effective - 28 Aug 1959
87.290. Members' savings fund. —
The members' savings fund shall be the fund in which shall be accumulated contributions of the members.
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(L. 1943 p. 708 § 8, A.L. 1959 S.B. 314 § 86.567)
2023 Missouri Revised Statutes › Title VII - Cities, Towns and Villages › Chapter 87 - Firefighters' Retirement and Relief Systems › Section 87.295 - Contributions by member, how computed.

Title VII CITIES, TOWNS AND VILLAGES
Chapter 87
• Effective - 28 Aug 1993
87.295. Contributions by member, how computed. —
The board of trustees shall certify to the chief of the fire department and the chief of the fire department shall cause to be deducted from the salary of each member on each and every payroll for each and every pay period, eight percent of the compensation of each member not participating in the DROP program and one percent of the compensation of each member participating in the DROP program.
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(L. 1943 p. 708 § 8, A.L. 1959 S.B. 314 § 86.570, A.L. 1977 H.B. 308, A.L. 1993 H.B. 259)
2023 Missouri Revised Statutes › Title VII - Cities, Towns and Villages › Chapter 87 - Firefighters' Retirement and Relief Systems › Section 87.300 - Members deemed to consent to deduction — amount to be credited to members' savings fund.

Title VII CITIES, TOWNS AND VILLAGES
Chapter 87
• Effective - 28 Aug 1959
87.300. Members deemed to consent to deduction — amount to be credited to members' savings fund. —
The deductions provided for herein shall be made notwithstanding that the minimum compensation provided by law for any member shall be reduced thereby. Every member shall be deemed to consent to the deductions made and provided for herein, and shall receipt for his full salary or compensation, and payment of salary or compensation less the deduction shall be a full and complete discharge and acquittance of all claims and demands whatsoever for services rendered during the period covered by the payment except as to benefits provided by sections 87.120 to 87.370. The chief of the fire department shall certify to the board of trustees on each and every payroll or in such other manner as the board of trustees shall prescribe the amount deducted, and such amounts shall be paid into the members' savings fund and shall be credited to the individual account of the member from whose compensation the deduction was made.
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(L. 1943 p. 708 § 8, A.L. 1959 S.B. 314 § 86.573)
2023 Missouri Revised Statutes › Title VII - Cities, Towns and Villages › Chapter 87 - Firefighters' Retirement and Relief Systems › Section 87.305 - Refunds of contributions, when.

Title VII CITIES, TOWNS AND VILLAGES
Chapter 87
• Effective - 28 Aug 1977
87.305. Refunds of contributions, when. —
The board of trustees is authorized at its discretion to make refunds or grant additional benefits for such parts of contributions as were made prior to the adoption of the eight percent rate for all members which were in excess of the compulsory contributions required of each member.
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(L. 1943 p. 708 § 8, A.L. 1959 S.B. 314 § 86.577, A.L. 1977 H.B. 308)
2023 Missouri Revised Statutes › Title VII - Cities, Towns and Villages › Chapter 87 - Firefighters' Retirement and Relief Systems › Section 87.310 - Repayment with interest of contributions withdrawn on reinstatement of member.

Title VII CITIES, TOWNS AND VILLAGES
Chapter 87
• Effective - 28 Aug 2001, 2 histories
87.310. Repayment with interest of contributions withdrawn on reinstatement of member. —
When any member terminates his or her employment as a firefighter and withdraws his or her accumulated contributions from the retirement system, he or she ceases to be a member of the retirement system. If he or she is reinstated as a firefighter he or she will again become a member of the retirement system as a new member with no creditable service prior to his or her termination. However, any member currently employed as a firefighter may repay the retirement system his or her total accumulated contribution withdrawn at the time of his or her termination and an amount of interest on such contribution at the same rate per annum as allowed in the member's savings account in the same period. Such repayment shall occur within two years after August 13, 1984, and when made the member shall then receive full credit for service prior to the date of his or her termination.
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(L. 1984 S.B. 617, A.L. 2001 S.B. 290)
2023 Missouri Revised Statutes › Title VII - Cities, Towns and Villages › Chapter 87 - Firefighters' Retirement and Relief Systems › Section 87.315 - Benefit reserve fund.

Title VII CITIES, TOWNS AND VILLAGES
Chapter 87
• Effective - 28 Aug 1959
87.315. Benefit reserve fund. —
The benefit reserve fund shall be the fund from which shall be paid all benefits except such benefits as involve only the refund of the members' contributions at time of withdrawal in which case the refund shall be made direct from the members' savings fund. There shall be transferred to this fund at time of approval of payment of benefits to any member or beneficiary, the accumulated contributions of such member from the members' savings fund and such additional amount from the general reserve fund as is calculated by the actuary to be necessary with the member's contributions to provide the payment of all benefits arising from the service of the member. Upon the completion of the first valuation after the creation of this fund, there shall be transferred to it from the annuity reserve fund, the pension reserve fund and the pension accumulation fund such amounts as are certified by the actuary on the basis of the tables then in use for all beneficiaries receiving benefits.
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(L. 1943 p. 708 § 8, A.L. 1959 S.B. 314 § 86.580)
2023 Missouri Revised Statutes › Title VII - Cities, Towns and Villages › Chapter 87 - Firefighters' Retirement and Relief Systems › Section 87.320 - General reserve fund.

Title VII CITIES, TOWNS AND VILLAGES
Chapter 87
• Effective - 28 Aug 1959
87.320. General reserve fund. —
The general reserve fund shall be the fund in which shall be accumulated all reserves for benefits not provided by members' contributions, and which are provided by contributions made by the city.
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(L. 1943 p. 708 § 8, A.L. 1959 S.B. 314 § 86.583)
2023 Missouri Revised Statutes › Title VII - Cities, Towns and Villages › Chapter 87 - Firefighters' Retirement and Relief Systems › Section 87.325 - Contributions by city to general reserve fund.

Title VII CITIES, TOWNS AND VILLAGES
Chapter 87
• Effective - 28 Aug 1959
87.325. Contributions by city to general reserve fund. —
Contributions to and payments from the general reserve fund shall be as follows: On account of each member there shall be paid annually into the fund by the city an amount equal to a certain percentage of the earnable compensation of the member to be known as "the normal contribution" and an additional amount equal to a percentage of his earnable compensation to be known as "the accrued liability contribution". The rates percent of the contributions shall be fixed on the basis of the liabilities of the retirement system as shown by actuarial valuations.
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(L. 1943 p. 708 § 8, A.L. 1959 S.B. 314 § 86.587)
2023 Missouri Revised Statutes › Title VII - Cities, Towns and Villages › Chapter 87 - Firefighters' Retirement and Relief Systems › Section 87.330 - Normal contribution rate, determination of.

Title VII CITIES, TOWNS AND VILLAGES
Chapter 87
• Effective - 28 Aug 1959
87.330. Normal contribution rate, determination of. —
On the basis of the interest rate and of such mortality and other tables as shall be adopted by the board of trustees, the actuary shall determine the uniform and constant percentage of the earnable compensation of the average new entrant, which, if contributed throughout his entire period of active service, would be sufficient to provide for the payment of any death benefit or pension payable on his account. The rate percent so determined shall be known as "the normal contribution rate". After the accrued liability contribution has ceased to be payable the normal contribution rate shall be the rate percent of the earnable compensation of all members obtained by deducting from the total liabilities of the fund the amount of the funds in hand to the credit of the fund and dividing the remainder by one percent of the present value of the prospective future compensation of all members as computed on the basis of the interest rate and the mortality and service tables adopted by the board of trustees. The normal rate of contribution shall be determined by the actuary after each valuation.
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(L. 1943 p. 708 § 8, A.L. 1959 S.B. 314 § 86.590)
2023 Missouri Revised Statutes › Title VII - Cities, Towns and Villages › Chapter 87 - Firefighters' Retirement and Relief Systems › Section 87.335 - Accrued liability contribution rate, determination of.

Title VII CITIES, TOWNS AND VILLAGES
Chapter 87
• Effective - 28 Aug 1959
87.335. Accrued liability contribution rate, determination of. —
At the first valuation after the effective date of these amendments (in 1959) the actuary engaged by the board of trustees shall compute the rate percent of the total earnable compensation of all members which is equivalent to three and one-half percent of the amount of the total unfunded benefit liability on account of all members and beneficiaries which is not dischargeable by the aforesaid normal contribution made on account of such members during the remainder of their active service. The rate percent originally so determined shall be known as "the accrued liability contribution rate".
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(L. 1943 p. 708 § 8, A.L. 1951 p. 355 § 86.593, A.L. 1959 S.B. 314)
2023 Missouri Revised Statutes › Title VII - Cities, Towns and Villages › Chapter 87 - Firefighters' Retirement and Relief Systems › Section 87.340 - Total amount payable to general reserve fund.

Title VII CITIES, TOWNS AND VILLAGES
Chapter 87
• Effective - 28 Aug 1959
87.340. Total amount payable to general reserve fund. —
The total amount payable in each year to the general reserve fund shall be not less than the sum of the rates percent known as the normal contribution rate and the accrued liability contribution rate of the total compensation earnable by all members during the year, and the aggregate payment by the city shall be sufficient when combined with the amount in the fund to provide the retirement allowances and other benefits payable out of the fund during the then current year. The city may contribute at any time from bond issue or other available funds an amount equal to the unfunded accrued liability as certified by the actuary in which event no further accrued liability contribution will be required or may contribute any lesser amount which will be used to proportionately reduce future accrued liability contributions.
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(L. 1943 p. 708 § 8, A.L. 1959 S.B. 314 § 86.597)
2023 Missouri Revised Statutes › Title VII - Cities, Towns and Villages › Chapter 87 - Firefighters' Retirement and Relief Systems › Section 87.345 - Accrued liability contribution discontinued, when — decreased, when — changes amortized, when.

Title VII CITIES, TOWNS AND VILLAGES
Chapter 87
• Effective - 28 Aug 1983
87.345. Accrued liability contribution discontinued, when — decreased, when — changes amortized, when. —
The accrued liability contribution should be discontinued as soon as the accumulated reserve in the general reserve fund shall equal the present value as actuarially computed and approved by the board of trustees, of the total liability of the fund, less the present value computed on the basis of the normal contribution rate then in force of the prospective normal contributions to be received on account of persons who are at that time members. The accrued liability contribution rate may be decreased by the board of trustees provided the reduced level rate does not require an amortization period extending beyond the year 2010 for any accrued liability as of August 31, 1980. Subsequent to that date, any changes in the accrued liability by reason of changes in the benefits payable under the retirement system, changes in the actuarial assumptions, or changes in the actuarial funding method are to be amortized over a period not exceeding thirty years from the date in which the additional accrued liabilities are recognized in the annual actuarial valuation of the system.
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(L. 1943 p. 708 § 8, A.L. 1959 S.B. 314 § 86.600, A.L. 1983 H.B. 694 & 171)
2023 Missouri Revised Statutes › Title VII - Cities, Towns and Villages › Chapter 87 - Firefighters' Retirement and Relief Systems › Section 87.350 - Expense fund, purposes, determination of amount.

Title VII CITIES, TOWNS AND VILLAGES
Chapter 87
• Effective - 28 Aug 1965
87.350. Expense fund, purposes, determination of amount. —
The expense fund shall be the fund to which shall be credited all money provided to pay the administration expenses of the retirement system and from which shall be paid all the expenses necessary in connection with the administration and operation of the system. Annually the board of trustees shall estimate the amount of money necessary to be paid into the expense fund during the ensuing year to provide for the expense of operation of the retirement system. Such estimate shall be provided by the board of trustees from interest and other earnings on assets of the retirement system.
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(L. 1943 p. 708 § 8, A.L. 1959 S.B. 314 § 86.613, A.L. 1965 p. 214)
2023 Missouri Revised Statutes › Title VII - Cities, Towns and Villages › Chapter 87 - Firefighters' Retirement and Relief Systems › Section 87.355 - Amounts due from city, certification, budget and appropriation.

Title VII CITIES, TOWNS AND VILLAGES
Chapter 87
• Effective - 28 Aug 1965
87.355. Amounts due from city, certification, budget and appropriation. —
On or before the first of March of each year the board of trustees shall certify to the proper city authorities the amount which will become due and payable during the year next following to the general reserve fund. The amount so certified shall be included by the city authorities in their annual budget estimate. The amount so certified shall be appropriated by the city and transferred to the retirement system for the ensuing year.
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(L. 1943 p. 708 § 9, A.L. 1959 S.B. 314 § 86.617, A.L. 1965 p. 214)
(2007) Requirement that city pay entire contribution amounts certified by trustees for police retirement system and firemen's retirement system does not violate section 21, article X, Constitution of Missouri. Neske v. City of St. Louis, 218 S.W.3d 417 (Mo.banc).
2023 Missouri Revised Statutes › Title VII - Cities, Towns and Villages › Chapter 87 - Firefighters' Retirement and Relief Systems › Section 87.360 - Reserves made obligation of city.

Title VII CITIES, TOWNS AND VILLAGES
Chapter 87
• Effective - 28 Aug 1965
87.360. Reserves made obligation of city. —
The creation and maintenance of reserves in the general reserve fund and the maintenance of benefit reserves as provided for and the payment of all benefits granted under the provisions of sections 87.120 to 87.370 are hereby made obligations of the city.
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(L. 1959 S.B. 314 § 86.620, A.L. 1965 p. 214)
2023 Missouri Revised Statutes › Title VII - Cities, Towns and Villages › Chapter 87 - Firefighters' Retirement and Relief Systems › Section 87.365 - Benefits exempt from taxes and civil process.

Title VII CITIES, TOWNS AND VILLAGES
Chapter 87
• Effective - 28 Aug 1959
87.365. Benefits exempt from taxes and civil process. —
The right of any person to a benefit, any other right accrued or accruing to any person under the provisions of sections 87.120 to 87.370 and the moneys in the various funds created under sections 87.120 to 87.370 are hereby exempt from any tax of the state of Missouri and shall not be subject to execution, garnishment, attachment or any other process whatsoever and shall be unassignable except as in sections 87.120 to 87.370 specifically provided.
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(L. 1943 p. 708 § 12, A.L. 1959 S.B. 314 § 86.627)
2023 Missouri Revised Statutes › Title VII - Cities, Towns and Villages › Chapter 87 - Firefighters' Retirement and Relief Systems › Section 87.367 - Health care plan may be adopted for retirees, procedure and funding.

Title VII CITIES, TOWNS AND VILLAGES
Chapter 87
• Effective - 28 Aug 1987
87.367. Health care plan may be adopted for retirees, procedure and funding. —
1. The board of trustees may provide or contract for insurance benefits to cover hospital, surgical, and medical expenses for retirees under sections 87.120 to 87.370, in an amount not to exceed one hundred dollars per month for each retiree.
2. If the board agrees to provide benefits pursuant to this section, a separate account for hospital, surgical and medical benefits shall be established as part of the benefit reserve fund. All benefits and premiums shall be transferred from the general revenue fund of the system to the benefit reserve fund for payment of hospital, surgical and medical benefits.
3. Any retiree who is receiving benefits from the system may make application to the board to be named as a special advisor to the firemen's retirement system. Upon the acceptance of such application, the board may deposit in the fund created in subsection 2 of this section an amount not to exceed one hundred dollars per month for the applicant and may make a monthly payment from the fund created in subsection 2 of this section toward health care benefits for the applicant as provided in subsection 1 of this section.
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(L. 1987 H.B. 59)
2023 Missouri Revised Statutes › Title VII - Cities, Towns and Villages › Chapter 87 - Firefighters' Retirement and Relief Systems › Section 87.370 - False statement, a misdemeanor — adjustment of benefits resulting from false statement.

Title VII CITIES, TOWNS AND VILLAGES
Chapter 87
• Effective - 28 Aug 1959
87.370. False statement, a misdemeanor — adjustment of benefits resulting from false statement. —
Any person who shall knowingly make any false statement, or shall falsify or permit to be falsified any record or records of this retirement system in any attempt to defraud such system as a result of such act, is guilty of a misdemeanor. Should any change or error in records result in any member or beneficiary receiving from the retirement system more or less than he would have been entitled to receive had the records been correct, the board of trustees shall correct the error and, as far as practicable, shall adjust the payments in such a manner that the actuarial equivalent of the benefit to which such member or beneficiary was correctly entitled shall be paid.
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(L. 1943 p. 708 § 13, A.L. 1955 p. 275 § 86.630, A.L. 1959 S.B. 314)
2023 Missouri Revised Statutes › Title VII - Cities, Towns and Villages › Chapter 87 - Firefighters' Retirement and Relief Systems › Section 87.371 - Unused sick leave, how credited.

Title VII CITIES, TOWNS AND VILLAGES
Chapter 87
• Effective - 28 Aug 2001
87.371. Unused sick leave, how credited. —
1. Any member retiring pursuant to the provisions of sections 87.120 to 87.370, after working continuously for an entity covered by sections 87.120 to 87.370, until reaching retirement age, but not including retirement for service-connected disability, shall be credited with all of the member's unused sick leave as certified by the member's employing entity.
2. No member working on or after July 1, 2000, shall be credited with sick leave at a rate less than or more than the rate being earned on July 1, 2000, nor shall any cap or limit applied to accumulated sick leave after July 1, 2000, be construed as a limit on the number of sick days actually earned without reference to the cap or limit which may be credited pursuant to the provisions of this section. When calculating years of service, each member shall be entitled to one day of creditable service for each day of unused accumulated sick leave earned by the member.
3. Accumulated sick leave shall allow a member to vest in the retirement system by using such credited sick leave to reach the time of vesting and shall also allow a member to exceed a seventy-five percent service retirement allowance by adding accumulated sick leave to no more than thirty years of creditable service or a member who is participating in the DROP program established in section 87.182 may elect upon retirement to have placed in his or her DROP account a dollar amount equal to his or her accumulated number of sick leave hours multiplied by his or her hourly rate of pay at the time of retirement, or to place one-half of this dollar amount in the member's DROP account, to have one-fourth of this dollar amount added to the member's average final compensation, and to have the remaining one-fourth of this dollar amount remain as time and added to the member's creditable service.
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(L. 1989 S.B. 334 § 1, A.L. 1995 H.B. 260, et al. merged with S.B. 404, A.L. 1999 S.B. 308 & 314, A.L. 2001 S.B. 290)
2023 Missouri Revised Statutes › Title VII - Cities, Towns and Villages › Chapter 87 - Firefighters' Retirement and Relief Systems › Section 87.380 - Fire departments in cities of over 100,000 may create relief fund.

Title VII CITIES, TOWNS AND VILLAGES
Chapter 87
• Effective - 28 Aug 1939
87.380. Fire departments in cities of over 100,000 may create relief fund. —
Any fire department existing by authority of the laws of this state, or any municipal authority thereof, in any city in this state now having or which may hereafter acquire a population of more than one hundred thousand inhabitants, is hereby authorized and empowered to create funds for the purpose of pensioning firemen, and affording relief to members of such fire department when sick, or who may become disabled in the service, or retired, and provide for the relief of the families and other dependents of such firemen in case of death, under such rules and regulations as may be enacted by the board of trustees of such funds, subject to the provisions of sections 87.380 to 87.490, and not inconsistent with the constitution and laws of this state.
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(RSMo 1939 § 9520)
Prior revisions: 1929 § 8953; 1919 § 9054; 1909 § 9879
2023 Missouri Revised Statutes › Title VII - Cities, Towns and Villages › Chapter 87 - Firefighters' Retirement and Relief Systems › Section 87.385 - Board of trustees, how composed.

Title VII CITIES, TOWNS AND VILLAGES
Chapter 87
• Effective - 28 Aug 1939
87.385. Board of trustees, how composed. —
In cities, the treasurer, the counselor, the clerk or register, and the comptroller, where such office exists, the chief officer of the fire department, four members of the fire department and one of the retired or pensioned members, whose term of office shall be for one year and who shall be appointed by the mayor on or about the first Monday of December of each year, shall constitute and be a board to be known as "The Board of Trustees of the Firemen's Pension Fund". The board shall select from their members a president and secretary. The members of the fire department, and the retired or pensioned members, shall each hold an election on the first Monday of December of each year and respectively select four members of the department and one retired or pensioned member for recommendation to the mayor for appointment as members of said board, but the mayor shall not be required to appoint the candidates so recommended.
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(RSMo 1939 § 9522)
Prior revisions: 1929 § 8955; 1919 § 9056; 1909 § 9881
2023 Missouri Revised Statutes › Title VII - Cities, Towns and Villages › Chapter 87 - Firefighters' Retirement and Relief Systems › Section 87.390 - City treasurer ex officio member of board.

Title VII CITIES, TOWNS AND VILLAGES
Chapter 87
• Effective - 28 Aug 1939
87.390. City treasurer ex officio member of board. —
The treasurer, in all cities in this state to which sections 87.380 to 87.490 are applicable, shall be ex officio treasurer of said board, and as such shall have charge of the funds and securities provided for herein. He shall give such bond as the board may require, and shall be subject to the order and direction of the board.
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(RSMo 1939 § 9523)
Prior revisions: 1929 § 8956; 1919 § 9057; 1909 § 9882
2023 Missouri Revised Statutes › Title VII - Cities, Towns and Villages › Chapter 87 - Firefighters' Retirement and Relief Systems › Section 87.395 - Treasurer — duties — bond.

Title VII CITIES, TOWNS AND VILLAGES
Chapter 87
• Effective - 28 Aug 1939
87.395. Treasurer — duties — bond. —
The treasurer of the board of trustees shall be the custodian of said pension funds, and shall secure and safely keep the same, subject to the control and direction of the board, and shall keep his books and accounts concerning said funds in such manner as may be prescribed by the board, and said books and accounts shall always be subject to the inspection of the board or any member thereof. The treasurer shall execute a bond to the city, with good and sufficient sureties, in such penal sum as the board shall direct, to be approved by the board, conditioned for the faithful performance of the duties of his office, and that he will safely keep and well and truly account for all moneys and property which may come to his hands as such treasurer, and that on the expiration of his term of office he will surrender and deliver over to his successor all unexpended moneys, and all securities and property which may have come to his hands as treasurer of such funds; and said bond shall be filed in the office where the records of the city are kept, and may be sued on in the name of said city, to the use of said board or any person or persons injured by a breach thereof.
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(RSMo 1939 § 9536)
Prior revisions: 1929 § 8971; 1919 § 9072; 1909 § 9897