Missouri Revised Statutes
Chapter 104
Retirement of State Officers and Employees
←104.805
Section 104.806.1
104.810→
August 28, 2015
Certain employees transferred to MoDOT, not to become members of MoDOT retirement system unless elect to, procedure.
104.806. 1. Employees who are earning creditable service in the closed
plan of the Missouri state employees' retirement system and who are
transferred to the department of transportation as a result of the provisions
of executive order 03-05 will not become members of the closed plan of the
highways and transportation employees' and highway patrol retirement system
unless they elect to transfer membership and creditable service to the closed
plan of the highways and transportation employees' and highway patrol
retirement system. The election must be in writing and must be made within
ninety days of July 1, 2003. Any election to transfer membership and
creditable service to the highways and transportation employees' and highway
patrol retirement system shall result in the forfeiture of any rights or
benefits in the Missouri state employees' retirement system. Any failure to
elect to transfer membership and creditable service pursuant to this
subsection will result in the employees remaining in the closed plan of the
Missouri state employees' retirement system. If an election is made, the
effective date for commencement of membership and transfer of such creditable
service shall be January 1, 2004.
2. Employees who are earning credited service in the year 2000 plan of
the Missouri state employees' retirement system and who are transferred to
the department of transportation as a result of the provisions of executive
order 03-05 will remain in the year 2000 plan administered by the Missouri
state employees' retirement system unless they elect to transfer membership
and credited service to the year 2000 plan administered by the highways and
transportation employees' and highway patrol retirement system. The election
must be in writing and must be made within ninety days of July 1, 2003. Any
election to transfer membership and credited service to the year 2000 plan
administered by the highways and transportation employees' and highway patrol
retirement system shall result in the forfeiture of any rights or benefits in
the Missouri state employees' retirement system. Any failure to elect to
transfer membership and credited service pursuant to this subsection will
result in the employees remaining in the year 2000 plan administered by the
Missouri state employees' retirement system. If an election is made, the
effective date for commencement of membership and transfer of such creditable
service shall be January 1, 2004.
3. For any employee who elects pursuant to subsection 1 or 2 of this
section to transfer to the highways and transportation employees' and highway
patrol retirement system, the Missouri state employees' retirement system
shall pay to the highways and transportation employees' and highway patrol
retirement system, by December 31, 2003, an amount actuarially determined to
equal the liability at the time of the transfer to the extent that liability
is funded as of the most recent actuarial valuation, not to exceed one hundred
percent.
4. In no event shall any employee receive service credit for the same
period of service under more than one retirement system as a result of the
provisions of this section.
5. For any transferred employee who elects pursuant to subsection 1 or 2
of this section to transfer to the highways and transportation employees' and
highway patrol retirement system, the only medical coverage available for the
employee shall be the medical coverage provided in section 104.270. The
effective date for commencement of medical coverage shall be January 1, 2004.
However, this does not preclude medical coverage for the transferred
employee as a dependent under any other health care plan.
(L. 2003 S.B. 248, et al.)
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