Missouri Code of State Regulations
Title 16 - RETIREMENT SYSTEMS
Division 50 - The County Employees' Retirement Fund
Chapter 2 - Membership and Benefits
Section 16 CSR 50-2.030 - Eligibility and Participation
Current through Register Vol. 49, No. 24, December 16, 2024
PURPOSE: This amendment revises the crediting of hours of service under the plan.
(1) General Rule. An employee shall become a Participantst in the plan upon his or her entry date. Effective on and after January 1, 2000, an employee shall not be permitted to opt out of the plan.
(2) Prior Plan Opt-Outs. Before January 1, 2000, an employee had the right to opt out of the plan. Employees who exercised this opt-out option must wait three (3) years from the date the opt-out decision was made before becoming a Participantst. After this three (3)-year period has elapsed, the employee shall have a three (3)-month period to opt in to the plan. If the employee fails to opt in during an applicable three (3)-month period which begins on or after January 1, 2000, the employee shall be forever ineligible to participate in the plan.
(3) Membership service for part-time and seasonal employees and service toward vesting in the plan for all Participantsts will be calculated as follows:
(4) A participant shall be credited with hours of service for a calendar year in accordance with the following rules:
*Original authority: 50.1032, RSMo 1995.