Joint Committee on Public Employee Retirement Legislation Sheet 2000

9 Pages·2000·0.56 MB·English

by  Missouri General Assembly, Joint Committee on Public Employee Retirement

JOINT COMMITTEE ON PUBLIC EMPLOYEE RETIREMENT
SENATE & HOUSE RETIREMENT LEGISLATION SHEET
May 15, 2000
Benefit Improvements
*3 Year Final Average Salary
*1.51 % Benefit Formula & GO & Out
Provisions On
* 3 Year Extension of 25 & Out Informal
Provisions Perf.
* 3. 4 % Benefit Increase Retired prior Cal
to 7/1/00
*Supplemental 40% benefit to age
62 certain members 02/08/00
3:00pm 02/08/00 Lang. included in
SB 817 Matchin~g contr-ibuti~on rate- inc-rease- 1. Pensions & Senate DP SS for SCS for
(HB 1463) NTRS from 4.5% to 5% Stoll ._g_El.!1.:_l,_a ws Lounge scs HB 1808
-·-~"'"'"-~ ............. , ____ ···-···
Language
Included in
02/22
HCS for SB 922
Prohibits certain claims against 02108100 02108100 .............* ***1-'****
SG 821 county emp Io yee re t ·I rernen t Pensions & S3:e0n0aptme wDP/S CA 1 H. U04p/o1n0 /A0D0 J sLasn fgo.r Isncclsud teodr in
~(c:__H:_::B~16.::..._:_13~)'-+-C__E R_F_ __+ -b_e_n_e_fi_ts_._ ___________ :---iC_a_s_k_e-c..y_---.--G_e_n_L._a _w_s_ _Lo _u_n=g_e_ -t_C_o_ns_ent_1----+----+-R_e_ti_re_n_1e_n_t---t-H_R_4 __r ------t----t-HB 1808
I
I
Provides uniformed conservation
agents (UCA) & UCA retirees with 02115100
~iitt~
SB 863 an additional 33.3% retirement Pensions &
(HB 1914) MOSERS b_!".~::fi!. _____________C :~~cy_ __ ~:_laws lounge_-+-~·-·······,---- _____ +----~
05/.09 Lang. Included in
03/06 with HSSB f1o8r0 S8C S for
Provides increase in widows' 02/22/00 ~ .. ·JA's .......w • .-.• •• __..i,.,.;,,,.
St. Louis benefits tied to percentage of the -Pens-ions & S2:e0n0aptme 0D2P/ 22/00 H. 10U4p/o1n0 //0\D0 J 0H4C/1S0 CCoonmfmeriettnecee
SB 922 Firemen poverty level. Scott Gen. Laws Lounge Consent Retirement HR 4 DP 10:00am 5/12
~ ················ ,-- 1---,c----+- I··-·-
Closed & Year 2000 Plan clean-up from
SB 308
* New swvivor option designation
*Increases life insurance
*Changes remarriage requirement 02/15/00
SB928 MOSERS/ *Makes numerous technical & claifying Pensions & 2S:e0n0aptme SLaSn fgo.r i nScCluSd feodr in
(HB 1764) HEHPRS changes. Stoll Gen. Laws Lounqe HB 1808
Addresses charter school issues
and system status in the event of 02122/00 03/06
S8975 lapse of school districts corporate 2:00pm 02/22/00 04/10/00 Language
Pensions & Senate DP H. Upon ADJ included in
l1(HB 2014} KC Teachers organization. DePasco Gen. Laws Lounge Consent Retirement HR 4 HCS for SB 922
JOINT COMMITTEE ON PUBLIC EMPLOYEE RETIREMENT
SENATE & HOUSE RETIREMENT LEGISLATION SHEET
May 15, 2000
-
Date/Time 3rd Date/Time 3rd Gov
BIii System Description Soonsor Committee HmgRm Action . Perf. Read Committee HrngRm Action Read Notes Siun
s4',
Allows political subdivisions to pay
for health insurance for the
dependents of retired or deceased 03/14/00
Political l11surance& 1:30pm
S8978 Subdivisions employees. House Housing WestGallerv
03/07/00
PSRS/ Allows the promulgation of joint 03/07/00 scs 03128
KC Teachers/ rules by the four school retirement 2:00pm DP 04/10/00 Langu:r.
St. L Teachers/ Pensions & Senate Consent H. Upon ADJ includ In
SB 1013 NTRS systems to promote reciprocity. Stoll Gen. Laws Lounge Retirement HR4 HCS for SB 922
Relating to KC Police Retirement
System Language
*Cost of living changes 03/16 .In..c..lu..d..e.d. In.. ........
HCS for .S,,.B 922
* Removes remarriage penalty 03/07/00 03/07/00
scs
(SHBB 1 2001753 ) KC Police a*Ndmumineisrtorautsiv tee cchhnaincgael s WDeigPgaisncso& GPeenns. iLoanws s& 2LS:oe0un0napgtmee Consent HR.e tirement 0~4nR/1A40/ D00J LHSaSBn 1fgo8.r 0I Sn8cC lSu dfoedr in -
Transfers administration of 03/07/00
Deferred Compensation Fund to 2:00pm
Pensions & Senate 03/14/00
SB 1022 MOSERS MOSERS Board. Scott Gen. Laws Lounge DP -
Revises PSRS & NTRS disability 03/14/00
benefits for Social Security 2:00pm
SB 1062 PSRS Pensions & Senate
(HB 2113) NTRS purposes. Howard Gen. Laws Lounae
--
JOINT COMMITTEE ON PUBLIC EMPLOYEE RETIREMENT
SENATE & HOUSE RETIREMENT LEGISLATION SHEET
May 15,2000
--
Date/Time 3rd Date/Time 3rd Gov
Bill Svstem Description Sponsor Committee HrngRm Action Perf. Read Committee Hrna Rm Action Read Notes Sipn
: HOUSE· ''.} ' ', l •,·. ' ',' :,- ' > ' ' ~:-•?'.;'::_:; /,)::· ;..;-:· >. ,•'. -
Retired members who chose
reduced benefits prior to current
HB 1265 pop-ult provisions made special 082:0/002p/.0m0.
(SB 627) PSRS consu tants for benefit increase. Clayton Retirement HR 1
Police pensions subject to ~:~,.m.
garnishment in the case of child Children, 02/09/00
Youth &
HB 1312 Police Plans support orders. Dougherty Families
Language
Recalculates retirement included In
HB 1356 compensation of judges retired Skaggs & 082:0/002p/.0m0. H13C5S6 ,f o1r5 9H3B & 1 847,
(SB 642) Judges prior to August 25, 1995. Smith Retirement HR 1 1764
Benefit Improvements
* 3 Year Final Average Salary
* 1.51 % Benefit Formula & 80 & Out
Provisions
*3 Year Extension of 25 & Out
Provisions
* 3.4% Benefit Increase Retired prior
to 7/1/00
*Supplemental 40% benefit to age
62 certain members
02/09/00 Language
HB 1463 Matching contribution rate increase 8:00pm included In
(SB 817) NTRS from 4.5% to 5% Franklin Retirement HR 1 HCS for HB 1644
Allows a legislator elected in a
special election to receive service 02/02/00
8:00p.m.
HB 1558 MOSERS credit for a full biennial assembly. Fitzwater Retirement HR 1
Judges made special consultants to
HB 1584 Judges receive medical subsidy. Rizzo Retirement
JOINT COMMITTEE ON PUBLIC EMPLOYEE RETIREMENT
SENATE & HOUSE RETIREMENT LEGISLATION SHEET
May 15, 2000 -r=
:=====r=======.===============,1.====='F"====;==Da=t=efT=im=e=;=\= ==r=====r,==d==;,===~,,=ID=at=e/T=im=e=c===s==3=r=d=r=======,r=G·~-~":~-=
Bill System. Description Sponsor Committee Hmg Rm . Action Perf Committee Hrnq Rm Action Read Notes S·uu
t!=,~~=$==,;;:,b;;;,;;,;,~=4=======~~~======i=:=,!;=====4'=~""'===j'=='"i===c;====/====j===4===c===c;=~'==~i===,====/======-
Language I
included in I
. HCS for HB 1847, I·
I 1356. 1593 &
1764
'l _
Il!,j, ~SS;~ f;o~r ;S~C:;$: ;f:o;r~ ~ 11
I Re d uces 2 yec...l r res t n·,,.. ..,. 1· on fo r H**B** *1*8**0*8• "*"**"""** I,·1,· ,
continutation of medical coverage 021o2;oo * Lang. incluil.::d
s_"i,~
j1-H_B_1_5_9_3_1-M_C_H_C_P __ -+-a_f_te_r_t_e_rm_i_n_at_i_o_n_t_o_6_m_o_n_t_h_s_. ---+-Li_e_se_ _- -+_Retire.1_1::~~-]~Jp.m -,---- -t---·--- ---- ... ,---··-- ...._ ___ ,__ ·-+---_,.s_1i1 fo,ss /I
Prohibits certain claims against
11I' H B 1613 county emp !o yee ret·ir eme. n t 0e2o/o09p1m0 0 JI11'·
11.,(SB 821)___,_C_E_R_F_ __ benefits. Clayton Retirement HR 1 WITHDRAWN __
1 i----------------,--"-----1----t------+----t------r--t------r----.-----r---t-- I,
;II t,1odifies PSKS as follows: l
*Increases COi.A from 75% to 80%. 11i.
~ * Applies the COLA on the 3rd of Jan I On 3rd
·, after rEtirern<•nl to those persons who 02/21 03/08 \ Read ii
retire aher 7/1/00. ! Cal. l
I
*Provides a one-time 3.5% adj. for ~16~i~o
mtirees & benefici::iries. 02109;00 02109100 04/04 Lang. included in
11:H1f(SB-B 1'7-654-54-) -~PS-R-S- ----1 \*UExntteiln 7d/s1 /t0h3e) 2. 5- &- ou-t -for- 3 -mo-re- yr-s -+HHaa-rgrae-nll ---iRe-tir-em-ent -+8H:R0-0 1-p m- ---i,HD1CP S- - -.---+------&s;. - GP-ee-nn- slai,ow-ns-s -S-Loe-un'na"gte-e --t-sO-cP- s- --i-----SH1SB- f1-o8r-0 S-8C -S- -fo-r -,-----,
:1
' I
Ii1I
I
Authorizes optional retirement
1/
I program for ernployees of regional Education - 30:70/01p6m/0 0 0D3P1 01/00 I
jHB 1660 MOSERS colleges & universities. i Summers Higher I 1R 5 JHCS /1
i
11 I
I
Lang. included In I
HCS HB 1696,
1585, 1771, 1505
&. ..1.6..6..5. .............. 1!
rPu!b!lic g?i~:o ,.,
Dept. of Defines & provides benefits for 1Y & LHaensg .f oInr cSluSd feodr in ~
HB 1665 Public Safety_ pub I ic safety personnel statewide. .- 1-P_ry,c..o_r_ _i. ;;;E;,_nf"'-or;,.:;.ce,:c,;._.+H--R_6 ____ --+---+--.. l------'f------f-----,1----+;,,;,;_,::S..B: .8=13.. _ __ 11--
Allows certain surviving spouses
who have remarried to receive 02/09/00
8:00pm
HB 1695 PSRS increase in minimum benefits. Froelker Retirement HR 1
Increases the monthly
g~g:~o
HB 1740 PSot.l iLcoeu is sreutpirpelde mpeonlictael orefftiicreerms.e nt benefit for S_he_lt_on_ __R_e_tir_em_e_nt H-R- 1- -~---...___ __ ·'----~-----~--~-----~----
...__ __.
~
JOINT COMMITTEE ON PUBLIC EMPLOYEE RETIREMENT
SENATE & HOUSE RETIREMENT LEGISLATION SHEET
May 15, 2000
-
Date/Time 3rd Date/Time 3rd Gov
BIii System Descrlotlon Sponsor Committee HrngRm Action Perf. Read Committee HmgRm Action Read Notes Sign
Retirement benefits received from
PSRS are made exempt from state
Ways&
HB 1756 PSRS taxation. Froelker Means
Allows the district to hire retired
teachers on a year-to-year basis at
full pay while also drawing their
Education·
HB 1761 PSRS/NTRS ful I retirement benefit. Summer Elem&Sec
Langu:8e
lnclud In
HCS for HB 1847,
.1.3..5 6, 1593 &
176.4,,, ........,,.......,... ....
Closed & Year 2000 Plan clean-up from
SB 308 Lang. Included in
*New survivor option designation SCS for HCS for
*Increases life insurance .H..B...1..6..4...4.. ..............
*Changes remarriage requirement
HB 1764 MOSERS/ *Makes numerous technical & daifying 082:0/01p6m/0 0 •S SLa fnogr .S InCcSlu fodre d
{SB 928) HEHPRS changes. Backer Retirement HR 1 HB 1808
Allows certain retired elected &
state officials to be reemployed and
recalculate benefit upon 2nd 02/09/00
8:00pm
HB 1777 MOSERS retirement. Sallee Retirement HR1
Reduces the 3 yr waiting period for
reinstatement for those who opted 02/09/00
HB 1790 CERF out & received refunds. Gaskill Retirement 8H:R0 0fm ,,_
ccsssscs
03/10 03/30 05103 HB1808 TAFP
05#09/00
St. Louis Eliminates outdated section and 08:20/01p6m/0 0 0D2P/2 3100 S. Pensions 094:4/152a!.0m0 . 0D4P1 12
HB 1808 Firemen clarifies defintion of "City". O,oole Retirement HR 1 Consent & Gen Laws SCR#1 scs
Provides benefits to certain
survivors who remarried prior to
chanfie eliminating cessation of 02/16/00
8:00fm
HB 1815 PSRS bene its upon remarriage. Patek Retirement HR
JOINT COMMITTEE ON PUBLIC EMPLOYEE RETIREMENT
SENATE & HOUSE RETIREMENT LEGISLATION SHEET
May 15, 2000
-
....... -
Date!Time 3rd Date!Time 3rd Gov
Bill Svstem Description Sponsor Committee Hrng Rm Action Perf. Read Committee HrngRm Action Read Notes Sign
Increases the retirement formulil
MOSER$/ for retirees under the closed plan 02116/00 03/01100
8:00pm HCS
HB 1847 HEHPRS only. Skaggs Retirement HR 1 DP -
PSRS of MO/ Benefit Provisions regarding
I ST L Teachers/ coverage of charter school contract
KC Teachers/ Education -
HB 1896 NTRS employees. Campbell Elem &Sec
Language
Exempts from attachment or included in
HCS for SB 922
execution a person's right to a state I *""""****ttaaat&AlAHA
or local deferred compensation 03101,00 Lang. Included In
t : ALL PLANS account. O'Toole CAdivmili&n Law HUpRn 1A M Adj SHCBS 1 8fo0r8
r· Provides uniformed conservation
agents (UCA) & UCA retirees with
an additional 33.3% retirement 02/23100
8:00pm
(SB 1896134) MOSER$ benefit. Crump Retirement HR 1
Language
included in
,, Makes technical changes to the St. ,H,.* C...S... ..f.o *.r* . S...B..9...2 tt2., .
St. Louis Louis Police Retirement System 02173/00 02/23/00 Lang. included in
ilHB 1955 Police provisions. O'Toole Retirement 8H:R00 1p m CDoPn sent SHSB f1o8r0 S8C S for
Allows retired teachers to work in
school districts with teacher
shortages without losing retirement 02173/00 03/01100
l1Hs 8:00pm HCS
1996 PSRS --b-·e n-e-fits. -•""""""""--" Backer Retirement HR 1 DP e-----·---
Prohibits certain claims against
Clayton &
county employee retirement Hagan-
HB 1998 CERF benefits. Harrell Retirement
HB 2014 Modifies the Kansas City Public 03/08/00
8:00pm
(SB 975) KC Teachers School Retirement System. Skaggs Retirement HR 1 -···-·-i I
JOINT COMMITTEE ON PUBLIC EMPLOYEE RETIREMENT
SENATE & HOUSE RETIREMENT LEGISLATION SHEET
May 15, 2000
.. ... ....
Date/Time 3rd
~3rd
Bill System Description Sponsor Committee Hr Action Pert. Read Committee Read Notes
Protects retirement from execution,
garnishment, attachment or any
other process as well as exempts
HB 2054 Police Plans from state income tax. May Retirement
Creates a deferred retirement
option program for certain state 03/08/00
8:00pm
HB 2069 HEHPRS retirement systems. O'Toole Retirement HR 1
Relating to KC Police Retirement
System
*Cost of living changes
*Removes remarriage penalty
HB2073 *Numerous technical 03/08/00
8:00pm
(SB 1015) KC Police administrative changes Skaggs Retirement HR1
;---
Allows certain prosecuting &
Prosecuting circuit attorneys to receive prior
HB 2086 Attorneys service credit for retirement. Clayton Retirement
Regulatory law judge w/PSC
receive same retirement benefits as
admin. law judge; and apply
Admln. Law creditable seivice that has been Hagan- 0U4p/o1n0 /A0D0 J
HB 2090 Judges acquired. Harrell Retirement HR4
Revises PSRS & NTRS disability
HB 2113 PSRS/ benefits for Social Security
(SB 1062) NTRS purposes. Foster Retirement
Increases the number of days that
St. Louis retired teachers may substitute in a
HB 2155 -T--eachers school year from 60 to 75 days. Fraser - T ~-········ I -· .
Clarifies the definition of "medical
I
insurance plan" by including
MOSERS
[,HB 2159 HEHPRS HMOs. ,Froelker Hetiremenl l I
- ----- ---- .__.. ... :_, ~--·--···
JOINT COMMITTEE ON PUBLIC EMPLOYEE RETIREMENT
SENATE & HOUSE RETIREMENT LEGISLATION SHEET
May 15, 2000
--~ ~.. o••==- ··--··- I- · ----·· "'"'""""""" ---- ----
I ?::~1
-··· System Description Sponsor 1~ ommittce DHamteg/TRimme Action Pert. R3erda d Committee DHartneg/T Rimme Action R3eradd Notes 1 11
.· : y/ ···1> .•
: PENSION TAXATION ISSUES : : .. -··
Exempts from state income tax
social security benefits included in
Ways &
SB 608 All Pensions federal gross income. Russell Means
---1---------- - --------- ~ ------- ------ .... ------·· -~' -·-···
Exempts all pension income from
Ways &
SB649 All Pensions taxation. Russell Means
Pension exemption applies only 03/28100
when included in federal adjusted 8:00pm
Ways & Senate
SB 992 A-l-l ~Pe nsions gross income. Sims Means Lounue ~ ····--- --
Exempts income received as a
Military result of state or federal military 02/22/00
Ways& 3:00pm
HB 1069 Pensions duty from state income tax. Gross Means HR7
---- i-----··-
f-xempts all public pensions from
state income tax and eliminates 0~/01 05104
income cap on deduction for 02/22/00 05/06 s05c/s09
Ways& 3:00pm 03/14/00 Ways& 8:30am
11HB 1159 All Pensions private pensions. Boucher Means HR7 DP Means SCR 1 DP
-
I
Phase in of an increase in income
tax deduction and income limits 02/22/00
Ways& 3:00pm
HG 1107 All Pensions for gow~mrnent pensions. Ransdall Means HR7
- -- --- . ------ - -------· t----- ----- ----- -------1--------------- ~-~-- ·-·-- --------
Military Exempts military pensions from 02/22/00
Ways& 3:00pm
HB 1272 Pensions income tax. Chrismer Means HR7
Fxcrnpts income received for
Military active or reserve rni I itc1ry service 02/22/00
Ways & 3:00pm
'.HB 1274 Pensions from income tax. Chrismer Mea11s HR7
~- . ····--·· ---I----
Military Exempts military pensions from
Ways&
HB 1389 Pensions state income tax. Blunt Means
Exempts social security & military
retirement benefits from state
Ways&
HB 1449 All Pensions income tax. Froelker Means
Exempts the first six thousand
dollars of all public annuities,
pensions & retirement income
Ways&
HB 2141 All Pensions from state income tax. Gaskill Means
JOINT COMMITTEE ON PUBLIC EMPLOYEE RETIREMENT
SENATE & HOUSE RETIREMENT LEGISLATION SHEET
May 15, 2000 --··r::
i ----- --- ---~ --------- -----~·-:..:..:..:· --- -
i --Lystem I I Date/Time 3rd Date/Time 3rd
Bill Description Sp:~sor Com-~i~ee Hrng _1:~!ll_ Action Pert. Read Committee Hrng Rm Action Read Notes ::,,-in
__ , SENATE -:-. .: -- --- . " ' -" -·. . -';.J< r-'-"--"--
!
Modifies provisions regarding basic
life insurance and holidays for state
Financial &
SB 563 MOSERS employees~_ Johnson Gov_ 0rq
-------------- ----· -------- ~---- ---- ,----- -I- ---
Language
*Optional benefit L-11 2.5% benefit included in
program added 02/15 HCS for SB 922
*Changes in method of calculating 01/25/00 ..~ ......................: k--k
3:00pm 02/01/00 04/10/00 Lang. included in
survivor and disability bendits Pensions & Senate DP H_ Upon ADJ SS for SCS tor
jSB G16 _ LAGERS :Nunwrous technical ch.1nges Johnson Gen_ Laws [Loun~Jo Consent Retirement HH4 HB 1808
-----~- ---- ---~---- t----- ---- ---- 1---"" +--- -···
Retired members who chose
reduced benefits prior to current
SB627 pop-up provisions made special
Pensions &
(HB 1265) PSRS consultants for benefit increase. Maxwell Gen. Laws
--·- ------- '
~ I
language
included In
02/22 03/07 HCS for SB 922
Recalcu!ates retirement 01/25/00 *tt"k'ktt~*******
SB642 compensation of judges retired Pensions & S3:e0n0aptme 02/01/00 H. 0U4p/o1n0 /A00D J SLaSn fgo.r i nScCluSd feodr in
i(HB 1356) Judges prior to August 25, 1995. Schneider Gen. Laws Lounge DP Retirement HR4 HB 1808
I-~ r--,---
*Provisions for employment of
retired teachers in certain school OIi
Informal
districts. Perr
*Designation of retirement system Cal
coverage for charter school 01/26/00 02/09/00
2:00pm scs
8B729 I PSRS personnel. ---~~~~-- House Educatio-n SCR 2 & 3 DP """ ~~~•-- ,---- ,_____" -----
Ii
Modifies PSRS as follows:
*Increases COLA from 75% to 80%.
*A pplies the COLA on the 3rd of Jan
after retirement to those persons who
retire after 7/1/00.
*Provides a one-time 3.5°k adj. for
retirees & beneficiaries. 02/01/00
SB755 *Extends the 25 & out for 3 more yrs Pensions & 3S:e0n0aptme SLaSn fgo.r i nScClSu dfoedr in
(HB 1644) PSRS (Until 7/1/03). Stoll Gen. Laws LounQe HB 1808
Establishes additional benefit 02/08/00 02/08/00 02/23
program in compliance with 3:00pm DP
Pensions & Senate Consent H.
:SB 816 PSRS Internal Revenue Code. Stoll Gen. Laws Lounge Retirement