reglab/statecodes huggingface dataset:
Missouri Code of State Regulations › Title 16 - RETIREMENT SYSTEMS › Division 20 - Missouri Local Government Employees' Retirement System (LAGERS) › Chapter 2 - Administrative Rules › Section 16 CSR 20-2.015 - Determination of Certain Allowances

Current through Register Vol. 49, No. 14, July 15, 2024
PURPOSE: The purpose of this rule is to clarify the
				  procedures for determining eligibility and the amounts of allowances applicable
				  to
consecutive and/or concurrent periods of
				  employment.
(1) For purposes
				of determining eligibility for and amounts of allowances applicable to
				consecutive periods of employment rendered as a police officer or firefighter
				and then as a general employee, or vice-versa, service credit in each
				department shall be considered separately. The final average salary (FAS) used
				for determining such allowances shall be the final average salary determined on
				the basis of total credited service.
(2) In those instances where a member has
				concurrent employment with more than one (1) participating political
				subdivision in one (1) or more calendar months, when the member submits an
				application for retirement, the member's final average salary will be
				calculated separately for each employer, based on either the highest
				consecutive thirty-six (36)-or sixty (60)-months of wages contained in the
				period of one hundred twenty (120) consecutive months of credited service with
				each employer immediately preceding the termination of his or her
				membership.
*Original authority: 70.605, RSMo 1967, amended 1974, 1992,
					 2000, 2003.
Missouri Code of State Regulations › Title 16 - RETIREMENT SYSTEMS › Division 20 - Missouri Local Government Employees' Retirement System (LAGERS) › Chapter 2 - Administrative Rules › Section 16 CSR 20-2.020 - Actuarial Valuations

Current through Register Vol. 49, No. 14, July 15, 2024
PURPOSE: The purpose of this rule is to establish
				  guidelines relative to actuarial valuations.
(1) Any political subdivision wishing to
				affiliate with the Missouri Local Government Employees' Retirement System must
				first furnish a complete and current actuarial valuation prepared by the
				system's actuary. The board of trustees shall not accept any application from a
				political subdivision which has not completed a preliminary actuarial
				valuation.
(2) The cost of a
				preliminary actuarial valuation prepared pursuant to section (1) for any
				political subdivision prior to joining the system shall be borne by the
				political subdivision.
(3) Regular
				annual actuarial valuations prepared for participating political subdivisions,
				after the preliminary actuarial valuation has been prepared, will be at the
				expense of the system.
(4) The cost
				of supplemental actuarial valuations used to determine contribution rates for
				optional benefit programs shall be determined as follows:
(A) The cost of the actuarial valuation for
				the first optional benefit program in any one (1) system fiscal year shall be
				borne by the system; and
(B) The
				cost of any other optional benefit program in that one (1) system fiscal year
				shall be borne by the employer.
Missouri Code of State Regulations › Title 16 - RETIREMENT SYSTEMS › Division 20 - Missouri Local Government Employees' Retirement System (LAGERS) › Chapter 2 - Administrative Rules › Section 16 CSR 20-2.030 - Prior Service Credit

Current through Register Vol. 49, No. 14, July 15, 2024
PURPOSE: The purpose of this rule is to establish a
				  guideline relative to the election by an employer to cover a certain percent of
				  prior service.
(1) Once a
				political subdivision has elected a percentage of prior service credit and has
				certified its election to the board of trustees, it cannot change the
				percentage certified.
(2) The
				percentage of prior service credit so certified by the political subdivision
				shall be the same for all employees of that political subdivision.
*Original authority: 70.605, RSMo 1967, amended 1974, 1992
					 and 2000.
Missouri Code of State Regulations › Title 16 - RETIREMENT SYSTEMS › Division 20 - Missouri Local Government Employees' Retirement System (LAGERS) › Chapter 2 - Administrative Rules › Section 16 CSR 20-2.040 - Refunds

Current through Register Vol. 49, No. 14, July 15, 2024
PURPOSE: The proposed amendment updates the existing
				  rule to permit electronic refund applications and certifications and increase
				  the frequency of refund payment dates, as well as non-substantive language
				  updates, and clean-up.
(1) The
				executive secretary is authorized to make refunds of member's accumulated
				contributions upon termination of employment with an employer.
(2) The employee must submit a written
				request for the refund of the member's accumulated contributions on a form
				furnished by the board, which may be an electronic form.
(3) The member's employer must certify that
				the employee has left the employ of the employer.
(4) The Retirement System (LAGERS) will not
				refund a member's accumulated contributions until the employer has remitted the
				employer statement certifying that the member is no longer receiving
				remuneration or making contributions to the system. Refunds are issued on the
				first and fifteenth days of a month (or the first business day thereafter if
				the 1st or 15th day is not a business day).
(5) The executive secretary shall report to
				the board at each meeting of the board, the refunds of employees' accumulated
				contributions made by LAGERS since the last meeting of the board.
(6) The executive secretary may grant a six
				(6)-month period of time for the repayment of previously refunded
				contributions.
*Original authority 70.605, RSMo 1967, amended 1974,
					 1992.
Missouri Code of State Regulations › Title 16 - RETIREMENT SYSTEMS › Division 20 - Missouri Local Government Employees' Retirement System (LAGERS) › Chapter 2 - Administrative Rules › Section 16 CSR 20-2.045 - Application for Retirement

Current through Register Vol. 49, No. 14, July 15, 2024
PURPOSE: The proposed amendment updates the rule to
				  permit electronic filing of retirement applications and clarify that the rule
				  applies to early service retirement applications as well as make nonsubstantive
				  language updates and clean-up provisions.
(1) Any vested member who has attained the
				minimum service retirement age, the minimum early service retirement age
				pursuant to section
				70.670,
				RSMo, or, if an election has been made in accordance with section
				70.646,
				RSMo to provide for alternate eligibility, have years of attained age and
				credited service in force which total eighty (80) or more, may file a written
				or electronic application for retirement with the system, including the date on
				which the member desires retirement to be effective.
(2) For purposes of section
				70.645,
				RSMo, and this rule, the following factors shall determine the date that an
				application for retirement shall be deemed to have been filed with Missouri
				Local Government Employees' Retirement System (LAGERS):
(A) If the application is mailed to LAGERS
				via the U.S. Postal Service, the postmark date, or postal meter date;
(B) If the application is sent to LAGERS via
				private/commercial delivery service, the date the application is shipped by the
				commercial delivery service;
(C) If
				the application is sent to LAGERS electronically or through facsimile
				transmission, the date and time the application is received by LAGERS;
				and
(D) If the application is
				personally given to a LAGERS employee, the date of personal
				delivery.
Missouri Code of State Regulations › Title 16 - RETIREMENT SYSTEMS › Division 20 - Missouri Local Government Employees' Retirement System (LAGERS) › Chapter 2 - Administrative Rules › Section 16 CSR 20-2.048 - Definitive Break in Service to Determine Eligibility for Benefits

Current through Register Vol. 49, No. 14, July 15, 2024
PURPOSE: This rule sets forth the factors that will
				  determine when a member has established a definitive break in service, thereby
				  becoming eligible to file an application for retirement or application for
				  payments due a former member. It is imperative that all members establish such
				  definitive break in service to be eligible to receive such
				  benefits.
(1) When filing an
				"application for retirement" the member or former member shall not be reported
				as a full-time employee, receiving membership service in accordance with
				section
				70.600(15),
				RSMo, for the month such retirement is to be effective. All credited service
				will be determined based upon administrative rule
				16 CSR
				20-2.010(2). In addition, the member
				or former member shall have a minimum calendar month break from employment
				termination date or retirement effective date, whichever is later. (Examples of
				how the minimum calendar month break from employment is calculated follows for
				a February 1 retirement effective date. In the situation where the applicable
				later date is the retirement effective date, then the calendar month date is
				satisfied on March 1. In the situation where the applicable later date is the
				employment termination date, and such termination date is February 10, then the
				minimum calendar month break is satisfied on March 10.)
(2) When filing an "application for payments
				due a former member" such former member shall not be reportable as a full-time
				employee as of the application date. In addition, the former member shall have
				a minimum of one (1) month with no reported service credit following
				termination of employment in accordance with administrative rule
				16 CSR
				20-2.010(2).
*Original authority: 70.605, RSMo 1967, amended 1974, 1992,
					 2000, 2003.
Missouri Code of State Regulations › Title 16 - RETIREMENT SYSTEMS › Division 20 - Missouri Local Government Employees' Retirement System (LAGERS) › Chapter 2 - Administrative Rules › Section 16 CSR 20-2.050 - Waiting Period for Contributions on New Employees

Current through Register Vol. 49, No. 14, July 15, 2024
PURPOSE: The purpose of this rule is to clarify the
				  procedures to follow in determining when contributions are to begin for new
				  employees.
(1) If the date of
				employment of a new employee is any day other than the first calendar day of a
				month, the six (6)-month waiting period will begin with the first calendar day
				of the month following the month of employment.
(2) A member is allowed only one (1) six
				(6)-month waiting period while participating in the system.
(3) If a member was employed in a position
				requiring less than the number of hours adopted by his/her employer for
				participation, the date of employment for system purposes would be the date of
				full-time employment.
*Original authority: 70.605, RSMo 1967, amended 1974, 1992,
					 2000.
Missouri Code of State Regulations › Title 16 - RETIREMENT SYSTEMS › Division 20 - Missouri Local Government Employees' Retirement System (LAGERS) › Chapter 2 - Administrative Rules › Section 16 CSR 20-2.055 - Election of Optional Retirement Benefits

Current through Register Vol. 49, No. 14, July 15, 2024
PURPOSE: This rule clarifies the circumstances under
				  which failure to elect an optional retirement benefit will result in payment of
				  a single lifetime benefit.
(1) Under section
				70.660,
				RSMo 1994, after a member's application for retirement has been received by
				Missouri Local Government Employees' Retirement System (LAGERS), and prior to
				the effective date of retirement, but not thereafter, a member may elect one of
				several benefit options, which will provide for payment of an allowance to
				his/her designated beneficiary in the event of the member's death, thereby
				reducing the member's allowance for life.
(2) Election of a benefit option pursuant to
				the provisions of section
				70.660,
				RSMo must be made in writing on a form provided to the member by LAGERS. To be
				effective, the completed election form must be returned to LAGERS no later than
				six (6) months from the date the election form is mailed to the
				member.
(3) If the member fails to
				make an optional benefit election and/or to return the completed election form
				to LAGERS within six (6) months from the date the election form is mailed to
				the member, his or her allowance for life shall be paid as a single lifetime
				benefit.
(4) For purposes of
				determining whether an optional benefit election has been made in a timely
				manner, the following factors shall be determinative:
(A) If the election form is returned to
				LAGERS via the postal service, the postmark date;
(B) If the election form is returned to
				LAGERS via private/commercial delivery service, the date the form is shipped by
				the private/commercial delivery service;
(C) If the election form is sent to LAGERS
				via facsimile transmission, the date and time the fax transmission is received
				by LAGERS; or
(D) If the election
				form is personally given to a LAGERS board member or employee, the date of
				personal delivery.
Missouri Code of State Regulations › Title 16 - RETIREMENT SYSTEMS › Division 20 - Missouri Local Government Employees' Retirement System (LAGERS) › Chapter 2 - Administrative Rules › Section 16 CSR 20-2.056 - Lump-Sum Cash Payout of Retirement Allowance

Current through Register Vol. 49, No. 14, July 15, 2024
PURPOSE: The proposed amendment increase the value of
				  reserve amount for accounts eligible to apply for a lump-sum payout and correct
				  a statutory reference within the rule language.
PURPOSE: This rule establishes the circumstances
				  under which a member or former member may receive a lump-sum cash payout in
				  lieu of a monthly benefit, as provided for in section
				  70.660.[1]2(4),
				  RSMo regarding optional retirement elections.
(1) A member or former member who is entitled
				to a retirement allowance, as defined in section
				70.655
				or section 70.765, RSMo, may, in accordance with section 70.660.2(4), elect to
				receive a lump-sum cash payout at retirement that is the actuarial equivalent
				of the retirement allowance otherwise payable, provided that the value of the
				reserve at the time of payment is less than twenty thousand dollars
				($20,000).
(2) The election to
				receive a lump-sum cash payment must be made before the first payment of a
				retirement allowance becomes due and payable, but not thereafter.
(3) The reserve value of the lump-sum payout
				shall be calculated at the time of the member or former member's
				retirement.
(4) A member or former
				member electing to receive a lump-sum cash payout pursuant to the provisions of
				this rule shall do so by electing payment under Option "D" on the LRS-9,
				"Election of Allowance Option" form.
*Original authority: 70.605, RSMo 1967, amended 1974, 1992,
					 2000.
Missouri Code of State Regulations › Title 16 - RETIREMENT SYSTEMS › Division 20 - Missouri Local Government Employees' Retirement System (LAGERS) › Chapter 2 - Administrative Rules › Section 16 CSR 20-2.057 - Qualified Government Excess Benefit Arrangement (QGEBA)

Current through Register Vol. 49, No. 14, July 15, 2024
PURPOSE: This rule implements section
				  70.655,
				  RSMo and section 415(m) of Title 26 of the
United States Code
and
				  allows for the payment of benefits in excess of the limits imposed by section
				  415 of Title 26 of the
United States Code
to which retirees and
				  beneficiaries are otherwise entitled pursuant to Chapter 70,
				  RSMo.
(1) Definitions.
(A) "Allowance" shall mean the total of a
				retiree's annuity and pension.
(B)
				"Annuity" shall mean a monthly amount derived from the accumulated
				contributions of a member and payable by the system throughout the life of one
				(1) or more persons or for a temporary period.
(C) "Pension" shall mean a monthly amount
				derived from contributions of an employer and payable by the system throughout
				the life of one (1) or more persons or for a temporary period.
(D) "Maximum benefit" shall mean the monthly
				allowance a retiree or beneficiary is entitled to receive from the retirement
				system, to the extent the pension component of such allowance does not exceed
				the annual benefit limit set forth in section 415 of Title 26 of the
United States Code
, as amended.
(E) "Retirement System" shall mean the
				Missouri Local Government Employees' Retirement System established pursuant to
				Chapter 70, RSMo.
(F) "Section
				415(m) benefit plan participant" shall mean any retiree or beneficiary whose
				pension otherwise payable pursuant to Chapter 70, RSMo, would exceed the
				maximum benefit permitted under section 415 of Title 26 of the
United
				States Code
, as amended. Eligibility as a section 415(m) benefit plan
				participant shall be determined by the retirement system at the time of
				retirement and annually thereafter.
(G) "Section 415(m) benefit plan" shall mean
				the separate, unfunded qualified government excess benefit arrangement within
				the meaning of section 415(m) of Title 26 of the
United States
				Code
, as amended, and established pursuant to administrative rule, and
				that is separate from the retirement system.
(H) "Unrestricted benefit" shall mean the
				monthly pension a retiree or beneficiary would have been entitled to receive
				without giving effect to the limits imposed by section 415 of Title 26 of the
United States Code.
Missouri Code of State Regulations › Title 16 - RETIREMENT SYSTEMS › Division 20 - Missouri Local Government Employees' Retirement System (LAGERS) › Chapter 2 - Administrative Rules › Section 16 CSR 20-2.060 - Correction of Errors

Current through Register Vol. 49, No. 14, July 15, 2024
PURPOSE: The purpose of this rule is to make express
				  the implied authority of the board of trustees to assure that payments in the
				  correct amount are made to former members and their
				  beneficiaries.
(1) Should any
				change in records or error result in any person receiving from the system more
				or less than s/he would have been entitled to receive had the records been
				correct or the error not been made, the executive secretary shall make
				corrections to the records and as far as is practicable shall adjust the amount
				of the benefit in such a manner that the correct amount of the benefit to which
				the person is entitled shall be paid.
(2) In the event that an error, oversight, or
				miscalculation of benefits results in an active or former member, retirant, or
				beneficiary being paid less than the amount which s/he was entitled to receive,
				the amount of retroactive benefits payable, if any, shall be calculated, and
				the system shall pay such amount in a lump-sum payment, in addition to
				adjusting the amount of the current benefit, as otherwise provided in this
				section.
(3) In the event that an
				error, oversight, or miscalculation of benefits results in an active or former
				member, retirant, or beneficiary being paid more than the amount which s/he was
				entitled to receive, the executive secretary shall notify the individual of the
				amount of the overpayment, which shall be recovered by the system in accordance
				with the following policy:
(A) If the active
				or former member, retirant, or beneficiary is receiving a monthly benefit or
				other type of recurring payment from the system, the Missouri Local Government
				Employees' Retirement System (LAGERS) will recover the overpayment by making an
				adjustment to the recurring payment using an actuarially determined reduction
				over the individual's estimated lifespan to recover the full amount of the
				overpayment to the particular active or former member, retirant, or beneficiary
				who received the overpayment. Such overpayment recovery shall not exceed the
				actual dollar amount of the overpayment. The particular active or former member
				or retirant or beneficiary who received the overpayment may also opt to repay
				the overpayment to the system in one lump sum payment.
(B) In the event that an active or former
				member, retirant, or beneficiary received an overpayment of a lump sum or other
				type of nonrecurring payment from the system, LAGERS will take reasonable steps
				to have the overpayment amount returned to the system by the active or former
				member, retirant, or beneficiary who received the overpayment.
Missouri Code of State Regulations › Title 16 - RETIREMENT SYSTEMS › Division 20 - Missouri Local Government Employees' Retirement System (LAGERS) › Chapter 2 - Administrative Rules › Section 16 CSR 20-2.070 - Collection of Delinquent Payments

Current through Register Vol. 49, No. 14, July 15, 2024
PURPOSE: The proposed amendment updates the rule to
				  permit electronic means of communication, clarify the timeline for the
				  collection of delinquent payments, and eliminate inconsistencies with 70.735
				  RSMo, as well as non-substantive language updates and clean-up
				  provisions.
(1) The system
				will provide each political subdivision with a monthly employer statement of
				account, which will indicate the remittance due the system from the political
				subdivision.
(2) If any political
				subdivision fails to make any payment due, as indicated on the employer
				statement of account, by the twelfth day of the month (or the first business
				day thereafter if the twelfth day is not a business day), the system shall make
				the payment due a receivable or shortage on the employer's statement and notify
				the political subdivision in writing, which may be sent to the employer
				electronically or via U.S. Mail. If the political subdivision fails to make any
				payment due the retirement system for a period of sixty days (60) after the
				payment becomes due, as set forth above, the retirement system may consider the
				political subdivision delinquent and seek relief as provided in RSMo section
				70.735.
*Original authority: 70.605, RSMo 1967, amended 1974, 1992
					 and 2000 and 70.735, RSMo 1967, amended
					 1988.
Missouri Code of State Regulations › Title 16 - RETIREMENT SYSTEMS › Division 20 - Missouri Local Government Employees' Retirement System (LAGERS) › Chapter 2 - Administrative Rules › Section 16 CSR 20-2.080 - Determination of Credited Service for Periods of Absence

Current through Register Vol. 49, No. 14, July 15, 2024
PURPOSE: This rule clarifies conditions and
				  procedures for granting credited service for periods of absence from employment
				  resulting from military leave, workers' compensation leave, and educational
				  leave.
(1) In the event the
				member is on military leave, workers' compensation leave, or educational leave,
				the member may receive credited service for the period of the absence under the
				following conditions:
(A) The absence from
				employment due to the leave, of the type specified in this rule, must extend
				for one (1) full day or more during the calendar month being considered for
				credited service; and
(B) The
				member or member's agent makes application with the board for such credited
				service.
Missouri Code of State Regulations › Title 16 - RETIREMENT SYSTEMS › Division 20 - Missouri Local Government Employees' Retirement System (LAGERS) › Chapter 2 - Administrative Rules › Section 16 CSR 20-2.083 - Re-Employment in LAGERS-Covered Employment After Retirement

Current through Register Vol. 49, No. 14, July 15, 2024
(Rescinded October 30, 2012)
Missouri Code of State Regulations › Title 16 - RETIREMENT SYSTEMS › Division 20 - Missouri Local Government Employees' Retirement System (LAGERS) › Chapter 2 - Administrative Rules › Section 16 CSR 20-2.085 - Disability Retirement Applications and Other Relief

Current through Register Vol. 49, No. 14, July 15, 2024
PURPOSE: The proposed amendment establishes a
				  procedure for disability retirees to attempt to return to employment on a trial
				  basis.
(1) A member who makes
				a written application for disability retirement benefits pursuant to section
				70.680,
				RSMo, or for other relief pursuant to section 70.605.16, RSMo, shall file the
				application within one (1) year from the date of alleged disability or within
				one (1) year of the date of the event from which relief is sought under section
				70.605.16, RSMo.
(2) For good cause
				shown, the time period for filing an application for disability retirement
				benefits, or application for other relief, may be extended, at the sole
				discretion of the board, except as otherwise limited herein.
(A) Requests for extension of time for filing
				an application for disability retirement benefits or other relief shall be in
				writing; shall be filed by the member or on the member's behalf; and shall
				state the reason(s) why the member did not file the application within the one-
				(1-) year time period specified in section (1).
(B) Requests for extension of time for filing
				shall be accompanied by the completed application for disability retirement
				benefits or other relief filed by the member or on the member's behalf and
				shall include all medical information required by section
				70.680,
				RSMo, if applicable.
(C) In no
				event shall requests for extension of time for filing an application for
				disability retirement benefits or other relief be considered after two (2)
				years from the date of the alleged disability or event from which other relief
				is sought.
Missouri Code of State Regulations › Title 16 - RETIREMENT SYSTEMS › Division 20 - Missouri Local Government Employees' Retirement System (LAGERS) › Chapter 2 - Administrative Rules › Section 16 CSR 20-2.090 - Nondiscrimination Among Members

Current through Register Vol. 49, No. 14, July 15, 2024
PURPOSE: This rule further implements the intent of
				  the statutes and rules which govern the system regarding discrimination among
				  members of a political subdivision.
(1) The provisions of the Local Government
				Employees' Retirement System shall apply equally to all members without regard
				to a member's race, color, creed, national origin, or sex.
(2) A participating political subdivision may
				not discriminate among its employees with respect to any option under the
				system available to the political subdivision.
*Original authority: 70.605, RSMo 1967, amended 1974,
					 1992.
Missouri Code of State Regulations › Title 16 - RETIREMENT SYSTEMS › Division 20 - Missouri Local Government Employees' Retirement System (LAGERS) › Chapter 2 - Administrative Rules › Section 16 CSR 20-2.095 - Member Deposit Fund Interest Procedure

Current through Register Vol. 49, No. 14, July 15, 2024
PURPOSE: The purpose of this rule is to clarify the
				  procedures to be used in crediting interest to member deposit fund
				  accounts.
(1) The member's
				date of employment and date of termination shall be used in determining
				eligibility for interest.
(2) A
				member who is vested upon termination shall be considered a deferred retirant
				for the purposes of interest crediting, provided the member elects in writing
				to wait to receive any refund until after the interest processing is completed
				for that fiscal year.
(3) In
				determining eligibility for interest, should a member be employed long enough
				in the month of June to receive service credit for that month, s/he shall be
				considered a member as of June 30 for interest purposes.
(4) A member certified to be on leave of
				absence by his/her employer shall be considered a member for interest
				purposes.
*Original authority: 70.605, RSMo 1967, amended 1974, 1992
					 and 2000 and 70.725, RSMo 1967.
Missouri Code of State Regulations › Title 16 - RETIREMENT SYSTEMS › Division 20 - Missouri Local Government Employees' Retirement System (LAGERS) › Chapter 2 - Administrative Rules › Section 16 CSR 20-2.105 - Redetermination of Allowances During Deflation and Consumer Pricing Indices To Be Considered

Current through Register Vol. 49, No. 14, July 15, 2024
PURPOSE: The proposed amendment clarifies how retiree
				  allowances are redetermined in periods of inflation subsequent to periods of
				  deflation and expands the Consumer Price Indices the LAGERS Board of Trustees
				  may consider in redetermining retiree allowances.
PURPOSE: The purpose of this rule is to [provide
				  Missouri Local Government Employees' Retirement System's (LAGERS')
				  interpretation of] clarify how retiree allowances will be redetermined pursuant
				  to section 70.655.7-.10 et. seq., RSMo, during periods of deflation and which
				  Consumer Pricing Indices may be considered in making the
				  redetermination.
(1) For
				purposes of calculating the redetermined amount of the allowance as set forth
				under section 70.655.7-.10 et. seq., RSMo, during periods of deflation, if the
				annual Consumer Price Index (CPI) is negative, there shall be no actual
				reduction in the redetermined amount of the retirees' allowances. However, in
				the next year in which the annual Consumer Price Index (CPI) is positive, the
				Board of Trustees may consider the cumulative net increase or decrease in the
				Consumer Price Index (CPI) inclusive of the negative and positive years when
				redetermining any amount of the retirees' allowances.
(2) In order to continue the original intent
				of the use of the Consumer Price Index, as defined by section 70.655.7, RSMo,
				the Board of Trustees of the Retirement System may also consider the Consumer
				Price Index for All Urban Consumers (CPI-U), as determined by the United States
				Department of Labor, when redetermining any amount of the retirees'
				allowances.
*Original authority: 70.605.21, RSMo 1967, amended 1974,
					 1992, 2000, 2003.
Missouri Code of State Regulations › Title 16 - RETIREMENT SYSTEMS › Division 20 - Missouri Local Government Employees' Retirement System (LAGERS) › Chapter 2 - Administrative Rules › Section 16 CSR 20-2.110 - Military Benefits Payable

Current through Register Vol. 49, No. 14, July 15, 2024
PURPOSE: The purpose of this rule is to provide
				  LAGERS' interpretation of the Uniformed Services Employment and Reemployment
				  Rights Act (USERRA)(
				  38 USC
				  4301 et seq.) and applicable LAGERS' statutes
				  regarding LAGERS' benefits for a member serving in the United States Armed
				  Forces.
(1) For purposes of
				determining the applicability of Missouri Local Government Employees Retirement
				System (LAGERS) benefits to members serving in the United States Armed Forces
				as set forth in the Uniformed Services Employment and Reemployment Rights Act
				(USERRA) (
				38 USC
				4301 et seq.),
				38 USC
				4318 requires the applicability of LAGERS'
				provided retirement benefits in such a manner that the member on qualified
				military service pursuant to USERRA and/or applicable Missouri statutes is
				treated as not having incurred a break in service by reason of such person's
				period or periods of service in the uniformed services. The LAGERS' Board of
				Trustees interprets Missouri statutes sections 70.600-70.655 et seq. and
				section
				105.270,
				RSMo, to provide benefits for death or disability incurred while on such
				qualified military service. If the death or disability occurred in the line of
				duty, then benefits will be provided as if the death or disability arose out of
				and in the course of duty as an employee.
*Original authority: 70.605, RSMo 1967, amended 1974, 1992,
					 2000, 2003.
Missouri Code of State Regulations › Title 16 - RETIREMENT SYSTEMS › Division 20 - Missouri Local Government Employees' Retirement System (LAGERS) › Chapter 2 - Administrative Rules › Section 16 CSR 20-2.115 - Administration of Prior Non-LAGERS Retirement Plans

Current through Register Vol. 49, No. 14, July 15, 2024
PURPOSE: This rule further defines the procedures to
				  be used when a political subdivision and the Missouri Local Government
				  Employees' Retirement System (LAGERS) enter into an agreement for LAGERS to
				  assume all duties and responsibilities for operating the political
				  subdivision's prior retirement plan pursuant to section
				  70.621,
				  RSMo.
(1) As used in this
				rule, the terms below shall be defined as follows:
(A) "LAGERS Plan" means a political
				subdivision's active retirement benefit program with LAGERS; and
(B) "Legacy Plan" means a plan similar in
				purpose to LAGERS for which the political subdivision and LAGERS have entered
				into an agreement whereby LAGERS assumes all duties and responsibilities of
				operating the plan pursuant to 70.621, RSMo.
Missouri Code of State Regulations › Title 16 - RETIREMENT SYSTEMS › Division 20 - Missouri Local Government Employees' Retirement System (LAGERS) › Chapter 3 - Hearings and Proceedings › Section 16 CSR 20-3.010 - Hearings and Proceedings

Current through Register Vol. 49, No. 14, July 15, 2024
PURPOSE: The purpose of these rules is to facilitate
				  a fair and orderly hearing respecting questions arising from the administration
				  of sections 70.600-70.760, RSMo 1986 and the system membership status of any
				  person, all as provided in the sections and, in particular, by sections
				  70.605.16,
				  70.605.21,
				  and 70.630.3, RSMo 1986.
(1)
				Definitions. The definitions found in section
				70.600,
				RSMo (1986) are applicable to these rules unless otherwise specifically
				provided or unless plainly contrary to the intent of the rule.
(2) Powers and Duties.
(A) The board of trustees shall cause
				hearings to be conducted and shall make findings of fact and conclusions of law
				respecting questions arising from the administration of sections 70.600-70.760,
				RSMo 1994 and questions concerning the system membership status of any
				person.
(B) The conduct of hearings
				and proceedings by the board of trustees shall be governed by these rules and
				the provisions of sections 70.600-70.760, RSMo 1994.
(C) Hearings may be conducted by a hearing
				officer who shall be appointed by the board. The hearing officer shall preside
				at the hearing and hear all evidence and rule on the admissibility of evidence.
				The hearing officer shall make recommended findings of fact and may make
				recommended conclusions of law to the board. All final orders or determinations
				or other final actions by the board shall be approved in writing by at least
				four members of the board. Any board member approving in writing any final
				order, determination, or other final action, who did not attend the hearing,
				shall do so only after certifying that he or she reviewed all exhibits and read
				the entire transcript of the hearing.
Missouri Code of State Regulations › Title 16 - RETIREMENT SYSTEMS › Division 20 - Missouri Local Government Employees' Retirement System (LAGERS) › Chapter 4 - Actuarial Assumptions › Section 16 CSR 20-4.010 - Actuarial Assumptions

Current through Register Vol. 49, No. 14, July 15, 2024
PURPOSE: This proposed amendment updates the
				  actuarial assumptions used by the Retirement System.
(1) Beginning with the Retirement System's
				July 2021-June 2022 fiscal year, the investment return rate used in making the
				valuations is seven percent (7.00%) per year, compounded annually. This rate of
				return is not the assumed real rate of return. The real rate of return is the
				rate of investment return in excess of the wage inflation rate. Considering
				other financial assumptions, the seven percent (7.00%) investment return rate
				translates to an assumed real rate of return of four and twenty-five hundredths
				percent (4.25%).
(2) Beginning with
				the Retirement System's July 2021-June 2022 fiscal year, the mortality table
				used in evaluating allowances to be paid is PubG-2010 Retiree Mortality Tables
				(published February 2019 by the Society of Actuaries Retirement Plans
				Experience Committee, 475 N. Martingale Road, Suite 600, Shaumberg, IL 60173,
				www.soa.org), increased by fifteen percent (15%). Future mortality improvements
				are assumed each year based on the two- (2-) dimensional sex-distinct mortality
				improvement scale MP-2020 (published October 2020 by the Society of Actuaries
				Retirement Plans Experience Committee, 475 N. Martingale Road, Suite 600,
				Shaumberg, IL 60173, www.soa.org). Both Society of Actuaries Retirement Plans
				Experience Committee documents referenced herein do not include any amendments
				or additions subsequent to the stated publish dates.
(3) Beginning with the Retirement System's
				July 2021-June 2022 fiscal year, the probabilities of general members'
				retirement with an age and service allowance are shown in Table 1, included
				herein and the probabilities of firefighters, police officers and public safety
				personnel (as defined in section
				70.631
				RSMo.) members' retirement with an age and service allowance are shown in Table
				2, included herein.
(4) Beginning
				with the Retirement System's July 2021-June 2022 fiscal year, the probabilities
				of withdrawal from service together with individual pay increase assumptions
				are shown in Table 3, included herein.
(5) Beginning with the Retirement System's
				July 2021-June 2022 fiscal year, total active member payroll is assumed to
				increase two and seventy-five hundredths percent (2.75%) per year, which is the
				portion of the individual pay increase assumptions attributable to inflation.
				In effect, this assumes no change in the number of active members per employer.
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*Original authority 70.605, RSMo 1967, amended 1974, 1992,
					 2000, 2003.
Missouri Code of State Regulations › Title 16 - RETIREMENT SYSTEMS › Division 20 - Missouri Local Government Employees' Retirement System (LAGERS) › Chapter 4 - Actuarial Assumptions › Section 16 CSR 20-4.020 - Actuarial Assumptions- Police and Fire Employees

Current through Register Vol. 49, No. 14, July 15, 2024
(Rescinded December 15, 1985)
Missouri Code of State Regulations › Title 16 - RETIREMENT SYSTEMS › Division 30 - Missouri State Employees' Retirement System › Chapter 1 - General Organization › Section 16 CSR 30-1.010 - General Organization

Current through Register Vol. 49, No. 14, July 15, 2024
PURPOSE: This rule complies with section
				  536.023(3),
				   RSMo and describes the operation of the
				  Missouri State Employees' Retirement System and the procedures where the public
				  may obtain information or make submission or requests.
(1) The Missouri State Employees' Retirement
				System became effective August 29, 1957, under an Act of the 69th General
				Assembly. The system offers a program of security for state employees to meet
				the hazards of old age or disability. The retirement benefits are supplementary
				to the federal old age and survivors insurance protection and the benefits
				received from both systems should provide reasonably adequate retirement
				benefits.
(2) The responsibility
				for the proper operation of the system and the direction of its policies is
				vested in a board of trustees. The administration of the detailed affairs of
				the system is in the charge of a director who is its executive officer, aided
				by an assistant director.
(3) The
				assistant director shall perform duties as may be delegated to him/her by the
				director and, in the absence or disability of the director shall perform the
				duties of the director.
(4) The
				board of trustees of the Missouri State Employees' Retirement System was
				authorized to provide or contract, or both, for life insurance benefits under
				section
				104.517,
				RSMo. Death benefits for retirees were added to this coverage under section
				104.515,
				RSMo. Disability income benefits were changed under section
				104.518,
				RSMo, to incorporate the plan sometimes referred to as the long-term disability
				insurance plan. The statutory provisions relating to the establishment and
				operation of these plans are provided for in sections 104.515-104.519,
				RSMo.
(5) Anyone wishing to obtain
				information may do so by contacting the system's executive director at 906
				Leslie Blvd., Jefferson City MO 65101; or by calling (314) 751-2342 or (800)
				827-1063.
*Original authority: 104.320, RSMo 1957, amended 1981,
					 1984, 1988; 104.515, RSMo 1972, amended 1976, 1977, 1978, 1979, 1981, 1982,
					 1983, 1984, 1985, 1986, 1987, 1988, 1989, 1992; and 104.519, RSMo 1988, amended
					 1992.
Missouri Code of State Regulations › Title 16 - RETIREMENT SYSTEMS › Division 40 - Highways and Transportation Employees and Highway Patrol Retirement System › Chapter 1 - General Organization › Section 16 CSR 40-1.010 - Definitions (Rescinded April 30, 2015)

Current through Register Vol. 49, No. 14, July 15, 2024
*Original authority: 104.160, RSMo 1955, amended 1988,
					 1992; 104.210.2, RSMo 1955, amended 1983, 1988; and 536.023.3, RSMo 1975,
					 amended 1976.
Missouri Code of State Regulations › Title 16 - RETIREMENT SYSTEMS › Division 40 - Highways and Transportation Employees and Highway Patrol Retirement System › Chapter 1 - General Organization › Section 16 CSR 40-1.020 - Election to Fill Vacancy on Board of Trustees (Rescinded April 30, 2015)

Current through Register Vol. 49, No. 14, July 15, 2024
*Original authority: 104.160, RSMo 1955, amended 1988,
					 1992; 104.210.2, RSMo 1955, amended 1983, 1988; and 536.023.3, RSMo 1975,
					 amended 1976.
Missouri Code of State Regulations › Title 16 - RETIREMENT SYSTEMS › Division 40 - Highways and Transportation Employees and Highway Patrol Retirement System › Chapter 2 - General Provisions › Section 16 CSR 40-2.010 - Definitions (Repealed)

Current through Register Vol. 49, No. 14, July 15, 2024
*Original authority: 104.210, RSMo 1955, amended 1983,
					 1988; and 536.025, RSMo 1975, amended
					 1976.
Missouri Code of State Regulations › Title 16 - RETIREMENT SYSTEMS › Division 40 - Highways and Transportation Employees and Highway Patrol Retirement System › Chapter 2 - General Provisions › Section 16 CSR 40-2.020 - Forms to be Used (Rescinded April 30, 2015)

Current through Register Vol. 49, No. 14, July 15, 2024
*Original authority: 104.210.2, RSMo 1955, amended 1983,
					 1988; and 536.023.3, RSMo 1975, amended
					 1976.
Missouri Code of State Regulations › Title 16 - RETIREMENT SYSTEMS › Division 40 - Highways and Transportation Employees and Highway Patrol Retirement System › Chapter 2 - General Provisions › Section 16 CSR 40-2.030 - Verification of Prior Service Credit Upon Transfer Between Systems (Rescinded April 30, 2015)

Current through Register Vol. 49, No. 14, July 15, 2024
*Original authority: 104.210.2, RSMo 1955, amended 1983,
					 1988; 104.600.2, RSMo 1959, amended 1976; and 536.023.3, RSMo 1975, amended
					 1976.
Missouri Code of State Regulations › Title 16 - RETIREMENT SYSTEMS › Division 40 - Highways and Transportation Employees and Highway Patrol Retirement System › Chapter 2 - General Provisions › Section 16 CSR 40-2.040 - Workers' Compensation Service Credit (Repealed)

Current through Register Vol. 49, No. 14, July 15, 2024
*Original authority: 104.050.1, RSMo 1955, amended 1976,
					 1982, 1984, 1988, 1992; 104.210.2, RSMo 1955, amended 1983, 1988; and
					 536.023.3, RSMo 1975, amended 1976.
Missouri Code of State Regulations › Title 16 - RETIREMENT SYSTEMS › Division 40 - Highways and Transportation Employees and Highway Patrol Retirement System › Chapter 2 - General Provisions › Section 16 CSR 40-2.050 - Prior Service Credit After an Educational Leave of Absence (Repealed)

Current through Register Vol. 49, No. 14, July 15, 2024
*Original authority: 104.210.2, RSMo 1955, amended 1983,
					 1988; 536.023.3, RSMo 1975, amended 1976; and 104.040.1, RSMo 1955, amended
					 1982, 1983, 1984, 1987, 1988, 1989,
					 1992.
Missouri Code of State Regulations › Title 16 - RETIREMENT SYSTEMS › Division 40 - Highways and Transportation Employees and Highway Patrol Retirement System › Chapter 2 - General Provisions › Section 16 CSR 40-2.060 - Creditable Service (Repealed)

Current through Register Vol. 49, No. 14, July 15, 2024
*Original authority: 104.210.2, RSMo 1955, amended 1983,
					 1988; and 536.023.3, RSMo 1975, amended
					 1976.
Missouri Code of State Regulations › Title 16 - RETIREMENT SYSTEMS › Division 40 - Highways and Transportation Employees and Highway Patrol Retirement System › Chapter 2 - General Provisions › Section 16 CSR 40-2.070 - Service Credit During and After a Special Condition Leave (Repealed)

Current through Register Vol. 49, No. 14, July 15, 2024
*Original authority: 104.210.2, RSMo 1955, amended 1983,
					 1988; 536.023.3, RSMo 1975, amended 1976; and 104.040.1, RSMo 1955, amended
					 1982, 1983, 1984, 1987, 1988, 1989,
					 1992.
Missouri Code of State Regulations › Title 16 - RETIREMENT SYSTEMS › Division 40 - Highways and Transportation Employees and Highway Patrol Retirement System › Chapter 2 - General Provisions › Section 16 CSR 40-2.080 - Service Credit for Extended Sickness or Injury, Leave of Absence Without Pay (Repealed)

Current through Register Vol. 49, No. 14, July 15, 2024
*Original authority: 104.210.2, RSMo 1955, amended 1983,
					 1988; and 536.023.3, RSMo 1975, amended
					 1976.
Missouri Code of State Regulations › Title 16 - RETIREMENT SYSTEMS › Division 40 - Highways and Transportation Employees and Highway Patrol Retirement System › Chapter 2 - General Provisions › Section 16 CSR 40-2.090 - Early Retirement-Actuarial Reductions (Repealed)

Current through Register Vol. 49, No. 14, July 15, 2024
*Original authority: 104.100, RSMo 1955, amended 1961,
					 1969, 1972, 1976, 1981, 1982, 1986, 1988; 104.210.2, RSMo 1955, amended 1983,
					 1988; and 536.023.3, RSMo 1975, amended
					 1976.
Missouri Code of State Regulations › Title 16 - RETIREMENT SYSTEMS › Division 40 - Highways and Transportation Employees and Highway Patrol Retirement System › Chapter 3 - Disability Benefits › Section 16 CSR 40-3.010 - Ineligibility for Long-Term Disability Benefits Due to Disability From War (Repealed)

Current through Register Vol. 49, No. 14, July 15, 2024
*Original authority: 104.110.4, RSMo 1955, amended 1961,
					 1969, 1972, 1976, 1979, 1984, 1986, 1988 and 536.023.3, RSMo 1975, amended
					 1976.
Missouri Code of State Regulations › Title 16 - RETIREMENT SYSTEMS › Division 40 - Highways and Transportation Employees and Highway Patrol Retirement System › Chapter 3 - Disability Benefits › Section 16 CSR 40-3.020 - Long-Term Disability Benefits Coverage for Employees on Leave (Repealed)

Current through Register Vol. 49, No. 14, July 15, 2024
*Original authority: 104.210.2, RSMo 1955, amended 1983,
					 1988 and 536.023.3, RSMo 1975, amended
					 1976.
Missouri Code of State Regulations › Title 16 - RETIREMENT SYSTEMS › Division 40 - Highways and Transportation Employees and Highway Patrol Retirement System › Chapter 3 - Disability Benefits › Section 16 CSR 40-3.030 - Use of Compensatory Time, Annual Leave, or Both, Before Beginning Long-Term Disability (Repealed)

Current through Register Vol. 49, No. 14, July 15, 2024
*Original authority: 104.210.2, RSMo 1955, amended 1983,
					 1988 and 536.023.3, RSMo 1975, amended
					 1976.
Missouri Code of State Regulations › Title 16 - RETIREMENT SYSTEMS › Division 40 - Highways and Transportation Employees and Highway Patrol Retirement System › Chapter 3 - Disability Benefits › Section 16 CSR 40-3.031 - Application for Disability Benefits (Repealed)

Current through Register Vol. 49, No. 14, July 15, 2024
*Original authority 104.110, RSMo 1955, amended 1961, 1969,
					 1972, 1976, 1979, 1984, 1986, 1988; 104.210, RSMo 1955, amended 1983, 1988; and
					 536.023, RSMo 1975, amended 1976.
Missouri Code of State Regulations › Title 16 - RETIREMENT SYSTEMS › Division 40 - Highways and Transportation Employees and Highway Patrol Retirement System › Chapter 3 - Disability Benefits › Section 16 CSR 40-3.032 - Eligibility for Long-Term Disability Benefits (Repealed)

Current through Register Vol. 49, No. 14, July 15, 2024
*Original authority 104.110, RSMo 1955, amended 1961, 1969,
					 1972, 1976, 1979, 1984, 1986, 1988; 104.210, RSMo 1955, amended 1983, 1988; and
					 536.023, RSMo 1975, amended 1976.