Missouri Code of State Regulations
Title 16 - RETIREMENT SYSTEMS
Division 20 - Missouri Local Government Employees' Retirement System (LAGERS)
Chapter 2 - Administrative Rules
Section 16 CSR 20-2.030 - Prior Service Credit
Universal Citation: 16 MO Code of State Regs 20-2.030
Current through Register Vol. 49, No. 18, September 16, 2024
PURPOSE: The purpose of this rule is to establish a guideline relative to the election by an employer to cover a certain percent of prior service.
(1) Once a political subdivision has elected a percentage of prior service credit and has certified its election to the board of trustees, it cannot change the percentage certified.
(2) The percentage of prior service credit so certified by the political subdivision shall be the same for all employees of that political subdivision.
*Original authority: 70.605, RSMo 1967, amended 1974, 1992 and 2000.
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