476.580. Retirement benefits, who administers, how paid. - Missouri Statutes

Retirement benefits, who administers, how paid.

476.580. On September 1, 1976, the Missouri state employees'retirement system shall administer the retirement benefits of all judgesprovided for in this chapter and, unless otherwise provided by law,effective July 1, 1998, the commissioner of administration, the statetreasurer and the executive director of the Missouri state employees'retirement system shall perform the same duties in regard to the retirementsystem established pursuant to the provisions of this chapter that areprescribed for such officers in sections 104.436 and 104.438, RSMo, inregard to the Missouri state employees' retirement system. Funds socertified and transferred for the retirement system established pursuant tothe provisions of this chapter shall be deposited in a separate account ofthe Missouri state employees' retirement system and shall be disbursed onlyfor the purposes of the retirement system established pursuant to theprovisions of this chapter. Until July 1, 1998, retirement benefitsprovided for in this chapter shall be paid monthly out of the generalrevenue of the state of Missouri. The system shall calculate the annuityprovided to a judge, as defined in section 476.515, based on the law ineffect at the time the judge's employment was terminated.

(L. 1976 S.B. 513 § 2, A.L. 1997 H.B. 356)