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Section: 169.0315 Rules, regulations to permit purchase of creditable service, requirements--eligibility. RSMO 169.315


Published: 2015

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Missouri Revised Statutes













Chapter 169

Teacher and School Employee Retirement Systems

←169.313

Section 169.315.1

169.320→

August 28, 2015

Rules, regulations to permit purchase of creditable service, requirements--eligibility.

169.315. 1. The board of trustees shall adopt rules and regulations

which shall permit members to purchase creditable service under the

circumstances provided for in this section. Such rules and regulations shall

specify, for each such designated circumstance:



(1) The manner in which the employee contributions required to purchase

such service shall be calculated;



(2) The manner in which any employer contributions required for such

service shall be calculated;



(3) The maximum amount of service that may be purchased, if any;



(4) The time by which the election to purchase service shall be made and

the period over which such contributions shall be paid; and



(5) Any other requirements the member must satisfy in order to be

eligible to purchase service in such circumstance.

All such rules and regulations shall be applied on a uniform and

nondiscriminatory basis so that all members are treated similarly under

similar circumstances.



2. Any active member who ceased to be a regular employee and received a

refund of contributions and interest attributable to a prior period of service

with any employer may, after reemployment as a regular employee and prior to

retirement, elect to reinstate any creditable service the member forfeited by

purchasing such service in accordance with the rules and regulations adopted

by the board of trustees.



3. Any active member who has rendered service in a public school

district or public library within the state of Missouri but outside of the

district in which the retirement system is established, or in a college,

community college or university within the state of Missouri may elect to

purchase and receive credit for such service in accordance with the rules and

regulations adopted by the board of trustees.



4. Any active member who has rendered service in a public school

district, public library, college, community college or university outside the

state of Missouri may elect to purchase and receive credit for such service in

accordance with the rules and regulations adopted by the board of trustees;

provided that, such member shall pay to the retirement system, in addition to

all required employee contributions, the required amount of employer

contributions, plus interest, for each year of creditable service being

purchased.



5. Any active member who was, prior to becoming a member, employed by a

private school, college or university on a full-time basis and duly certified

under the law governing the certification of teachers during all of such

employment may elect to purchase and receive credit for such private school

service in accordance with the rules and regulations adopted by the board of

trustees; provided that, such member shall pay to the retirement system, in

addition to all required employee contributions, the required amount of

employer contributions, plus interest, for each year of creditable service

being purchased. As used in this section, the term "private school" means a

school which is not a part of the public school system of the state of

Missouri and which charges tuition for the rendering of elementary, secondary

educational or postsecondary educational services.



6. Any active member who, voluntarily or involuntarily, enters service

in the Armed Forces of the United States or other national defense service

may, after reemployment and prior to retirement, elect to purchase and receive

credit for such military service in accordance with the rules and regulations

adopted by the board of trustees and with the laws governing the reemployment

rights of veterans.



7. Any active member who is granted a period of approved, unpaid leave

of absence by the employer's board for academic study at a college, community

college, university or otherwise, illness or such other circumstances as may

be authorized by the board of trustees, may elect to purchase and receive

creditable service for such period of leave in accordance with the rules and

regulations adopted by the board of trustees.



(L. 1982 H.B. 1522 § 169.311 subsec. 7, A.L. 1989 S.B. 146, A.L.

1990 H.B. 1347, et al., A.L. 1994 S.B. 575, A.L. 1995 S.B. 378,

A.L. 1997 H.B. 169 merged with S.B. 309, A.L. 2001 H.B. 660)





1997



1997



169.315. 1. The board of trustees shall adopt rules and regulations

which shall permit members to purchase creditable service under the

circumstances provided for in this section. Such rules and regulations

shall specify, for each such designated circumstance:



(1) The manner in which the employee contributions required to

purchase such service shall be calculated;



(2) The manner in which any employer contributions required for such

service shall be calculated;



(3) The maximum amount of service that may be purchased, if any;



(4) The time by which the election to purchase service shall be made

and the period over which such contributions shall be paid; and



(5) Any other requirements the member must satisfy in order to be

eligible to purchase service in such circumstance.





All such rules and regulations shall be applied on a uniform and

nondiscriminatory basis so that all members are treated similarly under

similar circumstances.



2. Any active member who ceased to be a regular employee and received

a refund of contributions and interest attributable to a prior period of

service with the district in which the retirement system is established

may, after reemployment as a regular employee and prior to retirement,

elect to reinstate any creditable service the member forfeited by

purchasing such service in accordance with the rules and regulations

adopted by the board of trustees.



3. Any active member who has rendered service in a public school

district or public library within the state of Missouri but outside of the

district in which the retirement system is established, or in a college,

junior college or university within the state of Missouri may elect to

purchase and receive credit for such service in accordance with the rules

and regulations adopted by the board of trustees.



4. Any active member who has rendered service in a public school

district, public library, college, junior college or university outside the

state of Missouri may elect to purchase and receive credit for such service

in accordance with the rules and regulations adopted by the board of

trustees; provided that, such member shall pay to the retirement system, in

addition to all required employee contributions, the required amount of

employer contributions, plus interest, for each year of creditable service

being purchased.



5. Any active member who was, prior to becoming a member, employed by

a private school, college or university on a full-time basis and duly

certified under the law governing the certification of teachers during all

of such employment may elect to purchase and receive credit for such

private school service in accordance with the rules and regulations adopted

by the board of trustees; provided that, such member shall pay to the

retirement system, in addition to all required employee contributions, the

required amount of employer contributions, plus interest, for each year of

creditable service being purchased. As used in this section, the term

"private school" means a school which is not a part of the public school

system of the state of Missouri and which charges tuition for the rendering

of elementary, secondary educational or post-secondary educational

services.



6. Any active member who, voluntarily or involuntarily, enters

service in the armed forces of the United States or other national defense

service may, after reemployment and prior to retirement, elect to purchase

and receive credit for such military service in accordance with the rules

and regulations adopted by the board of trustees and with the laws

governing the reemployment rights of veterans.



7. Any active member who is granted a period of approved, unpaid

leave of absence by the employer's board for academic study at a college,

junior college, university or otherwise, illness or such other

circumstances as may be authorized by the board of trustees, may elect to

purchase and receive creditable service for such period of leave in

accordance with the rules and regulations adopted by the board of trustees.



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