|
New Bill Affects Members with Juvenile Court Service
"Next
Page>"
Senate Bill 1195 was signed into law by Governor
Holden, with an effective date of August 28, 2004. The main focus
of the bill is to allow juvenile court personnel to receive credit
for service rendered in a full-time position that was financed
in whole or in part by a public or private grant prior to July
1, 1999 (grant service). If you had any of the following juvenile
court service, please contact a MOSERS benefit counselor to request
the appropriate form to apply for the additional credit. For your
convenience, the forms are also available on our web site homepage
(Legislative Update under “What’s New”). If
MOSERS already has a record of your qualifying grant service on
file, we will add the additional service to your record automatically
and notify you once that process is completed. In that event,
it will not be necessary for you to apply to receive credit for
that service.
Juvenile Officers employed in a single county circuit on and prior
to July 1, 1999
may:
- Elect to transfer service from the Local Government Employees
Retirement
System (LAGERS) to MOSERS (forfeits service with LAGERS) at
any time if
your juvenile court employee service was covered by LAGERS.
The bill lifted
the previous six-month election window.
- Receive creditable prior service credit based on your grant
service in a multi-
county circuit.
- Be eligible for a refund of the amount paid if you purchased
service credit based
on your grant service (pursuant to Sections 104.344 or 105.691,
RSMo).
Juvenile Court Employees in multicounty circuits may:
-
Receive creditable prior service based on
your grant service.
-
Be eligible for a refund of the amount you
paid if you purchased service
credit based on your grant service (pursuant to Sections 104.344
or 105.691,
RSMo).
The provisions of this legislation apply to all active and retired
members of MOSERS as well as vested members no longer working for
the state. Eligible retirees will receive a benefit adjustment to
reflect what they would have received had their benefit been initially
calculated to include their grant service. |