86.1040. Retirement benefits not subject to execution, garnishment, or attachment--tax-exempt status of funds. - Missouri Statutes

Retirement benefits not subject to execution, garnishment, orattachment--tax-exempt status of funds.

86.1040. The right of any person to pension or pensions, to thereturn of contributions, disability or death benefits, or any other rightaccrued or accruing to any person under the provisions of sections 86.900to 86.1280 and the moneys in the various funds created under sections86.900 to 86.1280 shall not be subject to execution, garnishment,attachment, or any other process whatsoever, and shall be unassignableexcept as specifically provided in sections 86.900 to 86.1280, and exceptfor court orders or assignments approved by a court to provide support forfamily members or a former spouse of any person entitled to benefits undersections 86.900 to 86.1280. The moneys in the various funds created undersections 86.900 to 86.1280 are hereby exempt from any tax of the state ofMissouri or of any municipality or political subdivision thereof. Arevocable request or authorization by a member or a beneficiary to withholdand apply for the requester's convenience some portion or all of a benefitpayment shall not be deemed an assignment prohibited under this sectionprovided that any such request shall remain revocable at all times exceptas to payments or withholdings effected prior to any such revocation. Theretirement system may, but shall not be obligated to, comply with any suchrequest.

(L. 2005 H.B. 323)