169.566. School retirement systems to conduct study. - Missouri Statutes

School retirement systems to conduct study.

169.566. 1. The public school retirement system of the Kansas Cityschool district, the public school retirement system of the St. Louis Cityschool district, and the public school retirement system shall jointlyundertake a feasibility study to include the following issues:

(1) Improving portability of benefits between systems;

(2) The technical issues involved in portability of benefits betweenSocial Security and nonSocial Security systems;

(3) Potential centralized administration of the systems. The overall goal of the study is to suggest means by which portability ofretirement benefits may promote teacher recruitment and retention in allschool districts.

2. The joint committee on public employee retirement shall providenecessary assistance in the coordination of the study.

3. The study shall be presented by the joint committee on publicemployee retirement to the president pro tem of the senate and the speaker ofthe house of representatives no later than November 1, 1999.

(L. 1998 S.B. 781 § 2)