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Section: 169.0110 Appropriations made by general assembly to be repaid in two-year period. RSMO 169.110


Published: 2015

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Missouri Revised Statutes













Chapter 169

Teacher and School Employee Retirement Systems

←169.100

Section 169.110.1

169.130→

August 28, 2015

Appropriations made by general assembly to be repaid in two-year period.

169.110. To meet the requirements of the retirement system for the period

between the time when sections 169.010 to 169.130 shall take effect and the

time when sufficient contributions to the system are transmitted by

employers, the board of trustees shall have authority to accept on behalf of

the system such grants or appropriations as may be made to them or it by the

general assembly of Missouri and to repay and return the same to the state

treasury when funds of the system sufficient therefor are available;

provided, that any funds appropriated by the general assembly shall be repaid

within two years after the effective date of sections 169.010 to 169.130; and

provided further, that the state of Missouri shall contribute no funds

directly or indirectly to finance the plan to pay retirement allowances by

appropriation bills or otherwise, except for payments or contributions of

persons employed by the state board of education as provided in subsection 6

of section 169.010, and except those funds which the district may receive

from time to time under a law or laws providing for a general apportionment

of school moneys throughout all the state.



(L. 1945 p. 1353 § 11)







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