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Section: 169.0600 Definitions. Rsmo 169.600


Published: 2015

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Missouri Revised Statutes













Chapter 169

Teacher and School Employee Retirement Systems

←169.597

Section 169.600.1

169.610→

August 28, 2015

Definitions.

169.600. As used in sections 169.600 to 169.710, unless the context

clearly requires otherwise, the following words and phrases mean:



(1) "Accumulated contributions", the sum of the annual contributions a

member has made to the retirement system through deductions from the member's

salary, plus interest compounded annually on each year's contributions from

the end of the school year during which such contributions were made;



(2) "Average compensation", as used in subdivision (3) of subsection 1

of section 169.670, shall be the total compensation paid to a member for any

ten consecutive years of creditable service, or for the entire period of

creditable service if less than ten years, prior to July 1, 1973, divided by

one hundred twenty or by the number of months in the member's period of

creditable service if less than ten years; provided, that in determining the

total compensation, any annual compensation entering into the total shall not

be less than one thousand two hundred dollars and shall not exceed ten

thousand dollars;



(3) "Board", the board of trustees provided for in section 169.020;



(4) "Creditable service", prior service or membership service or the sum

of the two if the member has both to the member's credit;



(5) "Employee", any person regularly employed by a public school

district, community college district or by the board of trustees, as defined

in sections 169.600 to 169.710, who devotes at least twenty hours per week to

such employment in a position which is not covered by the public school

retirement system of Missouri; provided, however, that no person shall be

required to contribute to, or shall receive benefits from both the retirement

system herein established and the public school retirement system of Missouri

for the same services;



(6) "Employer", the district or other employer that makes payment

directly to the employee for the employee's services;



(7) "Final average salary", the total compensation paid to a member for

any three consecutive years of creditable service divided by thirty-six;

provided, that in determining the total compensation, any annual compensation

less than one thousand two hundred dollars shall be regarded as one thousand

two hundred dollars and an annual compensation for services prior to July 1,

1973, in excess of ten thousand dollars shall be regarded as ten thousand

dollars; and provided, that the board may set a maximum percentage of increase

in annual compensation from one year to the next in the final average salary

period;



(8) "Community college district", any public community college district

organized and operated pursuant to the provisions of sections 178.770 to

178.890 which enters into an agreement with the board of trustees of the

retirement system to include its eligible employees in the system immediately

upon the effective date of the agreement;



(9) "Member", a person who holds membership in the retirement system;



(10) "Membership service", service rendered by a member of the system

after the system becomes operative;



(11) "Prior service", service rendered by a member of the retirement

system before the system becomes operative and may include service as a

teacher for which credit has not been claimed from the public school

retirement system of Missouri;



(12) "Public school district" or "district", any duly constituted public

school district under the authority and supervision of a duly elected district

or city or town board of directors or board of education, except those school

districts defined in sections 169.270 and 169.410;



(13) "Retirement allowance", a monthly payment for life, during

retirement;



(14) "Retirement system" or "system", the public education employee

retirement system of Missouri created by sections 169.600 to 169.710;



(15) "Salary", "salary rate" or "compensation" shall mean the regular

remuneration which is earned by a member as an employee of a district, but not

including employer-paid fringe benefits except the value of employer-paid

medical benefits (including dental and vision) for members, and not including

employer-paid medical benefits (including dental and vision) for anyone other

than the member, employer contributions to a deferred compensation plan,

consideration for agreeing to terminate employment or other nonrecurring or

unusual payments that are not a part of regular remuneration. The board by

its rules may further define salary, salary rate and compensation in a manner

consistent with this definition and with sections 169.600 to 169.715;



(16) "School year", the year from July first of one year to June

thirtieth of the next year, inclusive, which shall also be the fiscal year of

the system.



(L. 1965 p. 298 § 1, A.L. 1969 p. 284, A.L. 1973 H.B. 411, A.L. 1975

H.B. 352, A.L. 1977 H.B. 135, A.L. 1996 S.B. 857, A.L. 1997 S.B.

309, A.L. 2000 H.B. 1808, A.L. 2005 H.B. 443)





2000



2000



169.600. As used in sections 169.600 to 169.710, unless the context

clearly requires otherwise, the following words and phrases mean:



(1) "Accumulated contributions", the sum of the annual contributions

a member has made to the retirement system through deductions from the

member's salary, plus interest compounded annually on each year's

contributions from the end of the school year during which such

contributions were made;



(2) "Average compensation", as used in subdivision (3) of subsection

1 of section 169.670, shall be the total compensation paid to a member for

any ten consecutive years of creditable service, or for the entire period

of creditable service if less than ten years, prior to July 1, 1973,

divided by one hundred twenty or by the number of months in the member's

period of creditable service if less than ten years; provided, that in

determining the total compensation, any annual compensation entering into

the total shall not be less than one thousand two hundred dollars and shall

not exceed ten thousand dollars;



(3) "Board", the board of trustees provided for in section 169.020;



(4) "Creditable service", prior service or membership service or the

sum of the two if the member has both to the member's credit;



(5) "Employee", any person regularly employed by a public school

district, junior college district or by the board of trustees, as defined

in sections 169.600 to 169.710, who devotes at least twenty hours per week

to such employment in a position which is not covered by the public school

retirement system of Missouri; provided, however, that no person shall be

required to contribute to, or shall receive benefits from both the

retirement system herein established and the public school retirement

system of Missouri for the same services;



(6) "Employer", the district or other employer that makes payment

directly to the employee for the employee's services;



(7) "Final average salary", the total compensation paid to a member

for any three consecutive years of creditable service divided by thirty-

six; provided, that in determining the total compensation, any annual

compensation less than one thousand two hundred dollars shall be regarded

as one thousand two hundred dollars and an annual compensation for services

prior to July 1, 1973, in excess of ten thousand dollars shall be regarded

as ten thousand dollars; and provided, that the board may set a maximum

percentage of increase in annual compensation from one year to the next in

the final average salary period;



(8) "Junior college district", any public junior college district

organized and operated pursuant to the provisions of sections 178.770 to

178.890, RSMo, which enters into an agreement with the board of trustees of

the retirement system to include its eligible employees in the system

immediately upon the effective date of the agreement;



(9) "Member", a person who holds membership in the retirement system;



(10) "Membership service", service rendered by a member of the system

after the system becomes operative;



(11) "Prior service", service rendered by a member of the retirement

system before the system becomes operative and may include service as a

teacher for which credit has not been claimed from the public school

retirement system of Missouri;



(12) "Public school district" or "district", any duly constituted

public school district under the authority and supervision of a duly

elected district or city or town board of directors or board of education,

except those school districts defined in sections 169.270 and 169.410;



(13) "Retirement allowance", a monthly payment for life, during

retirement;



(14) "Retirement system" or "system", the nonteacher school employee

retirement system of Missouri created by sections 169.600 to 169.710;



(15) "Salary", "salary rate" or "compensation" shall mean the regular

remuneration which is earned by a member as an employee of a district, but

not including employer-paid fringe benefits except the value of

employer-paid medical benefits (including dental and vision) for members,

and not including consideration for agreeing to retire or other

nonrecurring or unusual payments that are not a part of regular

remuneration. The board by its rules may further define salary, salary

rate and compensation in a manner consistent with this definition and with

sections 169.600 to 169.715;



(16) "School year", the year from July first of one year to June

thirtieth of the next year, inclusive, which shall also be the fiscal year

of the system.



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