104.1018. Vesting of benefits, when--reemployment of member, effect of. - Missouri Statutes

Vesting of benefits, when--reemployment of member, effect of.

104.1018. 1. When a member is no longer employed in a positioncovered by the system, membership in the system shall thereupon cease. Ifa member has five or more years of credited service upon such member'stermination of membership, such member shall be a vested former memberentitled to a deferred annuity pursuant to section 104.1036. If a memberhas fewer than five years of credited service upon termination ofmembership, such former member's credited service shall be forfeited,provided that if such former member becomes reemployed in a positioncovered by the system, such former member shall again become a member ofthe system and the forfeited credited service shall be restored afterreceiving creditable service continuously for one year.

2. Upon a member becoming a retiree, membership shall cease and,except as otherwise provided in section 104.1039, the person shall notagain become a member of the system.

3. If a vested former member becomes reemployed in a position coveredby the system before such vested former member's annuity starting date,membership shall be restored with the previous credited service andincreased by such reemployment.

(L. 1999 S.B. 308 & 314, A.L. 2002 H.B. 1455)

Effective 7-11-02