Missouri Code of State Regulations › Title 16 - RETIREMENT SYSTEMS › Division 10 - The Public School Retirement System of Missouri › Chapter 4 - Membership and Creditable Service › Section 16 CSR 10-4.014 - Reinstatement and Credit Purchases

Current through Register Vol. 49, No. 14, July 15, 2024
PURPOSE: This rule sets forth provisions relating to
				  the reinstatement or purchase of membership service credit in the retirement
				  system.
(1) A member electing
				to reinstate or purchase membership service credit authorized by the laws
				governing the retirement system shall make the election to reinstate or
				purchase credit on a form provided by the retirement system and the
				reinstatement or purchase shall be effected through payment to the retirement
				system within the time period prescribed by law of the contributions due,
				together with interest, if applicable, computed at the purchase rate set by the
				board of trustees, in accordance with the provisions of
				16 CSR
				10-4.012.
(2) Unless required to be allowed under
				federal law, a member cannot elect to purchase or claim credit for services
				outside of a district included in this retirement system, or to reinstate
				credit previously earned in this retirement system, for which the member is
				receiving or for which the member may, without additional services, become
				eligible to receive a benefit from another retirement system. A member cannot
				elect to purchase membership service credit from any source if the purchase
				would result in the member accruing more than one (1) year of membership
				service credit for any school year except as a result of the purchase of credit
				authorized by section
				169.577,
				RSMo.
(3) A member who applies to
				reinstate or purchase membership service credit must provide reliable
				documentation sufficient to establish each element required to qualify for the
				proposed reinstatement or credit purchase. Where the credit being purchased is
				based on a period of employment or a period of service covered by a retirement
				system, the documentation must include confirmation by the employer or
				retirement system of the relevant facts.
(4) Once a member has filed an application to
				reinstate or purchase service credit, no additional application to reinstate or
				purchase such credit may be filed for the same period of employment unless the
				member terminates membership with the retirement system and subsequently
				reestablishes such membership.
(5)
				Any credit earned for a period of leave under section
				169.595,
				RSMo, shall be secured only if the necessary contributions are remitted by the
				employing district by June 30 of the school year that occurs two (2) years
				after the school year in which the leave period occurred and are accompanied by
				a statement from the employing district certifying the name of the member for
				whom the contributions are being remitted and that the member was either on
				sick leave in accordance with the sick leave provisions of the employer or was
				under Workers' Compensation during the period of leave.
(6) The following provisions shall apply to a
				purchase of membership service credit for maternity or paternity leave under
				section
				169.056,
				RSMo:
(A) A period of leave shall be
				considered maternity or paternity leave for which membership service credit may
				be purchased if-
1. The leave was
				unpaid;
2. The leave related to a
				natural birth, legal adoption, or terminated pregnancy by the member or the
				member's spouse or significant other;
3. The member was employed in a position
				covered by the retirement system at the time the leave relating to the initial
				natural birth, legal adoption, or terminated pregnancy began;
4. The member provides written confirmation
				that the leave was maternity or paternity leave;
5. The member provides a copy of a birth
				certificate, or certification of adoption, or physician's certification of
				termination of pregnancy, which indicates that the event occurred within a
				reasonable time before or after the period of maternity or paternity leave
				began; and
6. The member returns to
				employment in a position covered by the retirement system;