Latest Action: 05/16/2008 - S Informal Calendar S Bills for Perfection--SB 1180-Crowell

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SB 1180 - This act defines the term "maximum social security benefit available" as thirty-two thousand five hundred dollars for the tax year beginning on or after January 1, 2007. Such amount will increase annually by the percentage increase in the consumer price index. Currently, a taxpayer must be age sixty-two years or older in order to be eligible for the income tax exemption for publicly funded retirement benefits. This act removes the age requirement for the publicly funded retirement benefit income tax exemption. Under current law, taxpayers who receive both social security benefits and publicly funded retirement benefits recipient must reduce the amount of their publicly funded retirement benefit exemption by the total amount of social security benefits not included in Missouri adjusted gross income. This act would require such taxpayers to reduce their publicly funded retirement benefit exemption by the amount of social security benefits exempted due to the enactment of House Bill [...]

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Latest Action: 02/28/2008 - Referred: Ways and Means (H)

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HB 2164 - FEDERAL RETIREMENT EXEMPTION ACT - Grill, Jason

Establishes the Federal Retirement Exemption Act which authorizes a state individual income tax exemption for federal retirement benefits for certain taxpayers
Latest Action: 02/14/2008 - Second Read and Referred S Ways & Means Committee

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SB 1125 - This act exempts one hundred percent of military retirement benefits received by a taxpayer and removes the age requirement for the income tax exemption for publicly funded retirement benefits.

JASON ZAMKUS

Latest Action: 05/16/2008 - Resolutions--HCR 16-Bivins, et al (Stouffer)

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HCR 16 - SOCIAL SECURITY - Bivins, Walt

Urges the United States Congress to immediately repeal the Government Pension Offset and Windfall Elimination Provision of the Social Security Act
Latest Action: 05/16/2008 - S Inf Calendar H Bills for Third Reading--HCS for HBs 1788 & 1882 (Crowell)

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HB 1788 - TAX DEDUCTION FOR MILITARY PENSIONS - Day, David

Authorizes an income tax deduction from a taxpayer's Missouri adjusted gross income for 100% of any military retirement income, regardless of age or income
Latest Action: 05/29/2008 - Reported Duly Enrolled S Rules Committee

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SB 980 - This act requires members of the Police Retirement System of Kansas City and the Civilian Employees' Retirement System of the Police Department of Kansas City to be in active service in order to be eligible for certain duty-related or nonduty-related disability retirement benefits. Duplicate language regarding supplemental benefits for the Police Retirement System of Kansas City, enacted in 2007, is also repealed.

This act is identical to HB 1710 (2008).

ALEXA PEARSON

Latest Action: 05/16/2008 - S Informal Calendar S Bills for Perfection--SB 997-Crowell

Bill Text
SB 997 - Currently, investments made by boards of trustees of police and firemen's retirement systems are subject to all terms, conditions, limitations, and restrictions imposed upon life insurance or casualty companies in making their investments. This act removes those terms, conditions, limitations, and restrictions and requires the board to invest the funds of the systems as permitted by Sections 105.687 to 105.690, RSMo, regarding the duties of investment fiduciaries.

This act is similar to provisions in SB 66 (2007) and identical to HB 2055 (2008).

ALEXA PEARSON

Latest Action: 03/11/2008 - Rules - Executive Session Completed (H)

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HCR 11 - SOCIAL SECURITY ACT - Nolte, Jerry

Urges Congress to immediately repeal the Government Pension Offset and Windfall Elimination Provision of the Social Security Act
Latest Action: 02/14/2008 - Public Hearing Completed (H)

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HB 1669 - STATE VETERAN EMPLOYEE RETIREMENT - Jones, Kenny

Allows certain veterans who have been state employees for a specified period of time to receive two years of free creditable service in the Missouri State Employees' Retirement System
Latest Action: 01/31/2008 - Public Hearing Completed (H)

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HB 1545 - STATE EMPLOYEES' RETIREMENT SYSTEMS - Bruns, Mark J.

Increases the cost-of-living adjustment for certain special consultants and retirees from 80% to 100% of the federal Consumer Price Index
Latest Action: 03/06/2008 - Taken Up for Third Reading (H)

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HB 1490 - LOCAL GOVERNMENT RETIREMENT SYSTEM - Deeken, Bill

Changes the laws regarding the Missouri Local Government Employees' Retirement System
Latest Action: 01/30/2008 - Hearing Conducted S Economic Development, Tourism & Local Government Committee

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SB 785 - As of August 28, 2008, the City of St. Louis may establish, by ordinance, a municipal police force. Any such ordinance shall provide for the employment of all current officers and employees at their current salaries in the newly established police force. Such persons shall also be entitled to all accrued benefits, including vacation time, sick leave, and health insurance. The ordinance shall be consistent with any regulation concerning police residency adopted by the Board of Police Commissioners prior to adoption of the ordinance. After the establishment of a municipal police force, the city may provide by ordinance for the number and ranks of police officers, compensation and benefits of such officers, and appointment, promotion, suspension, demotion, or discharge of police officers, including the police chief. Immediately upon adopting an ordinance, the city shall file a certified copy with the Secretary of State. The current state statutes concerning the St. Louis police [...]

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Latest Action: 04/02/2008 - Hearing Conducted S Pensions, Veterans' Affairs and General Laws Committee

Bill Text
SB 864 - This act establishes the "Law Enforcement Safety Fund". A surcharge of seven dollars shall be assessed in all criminal cases filed in this state and shall be deposited into the fund, the purpose of which is to provide a defined contribution system for eligible law enforcement members. The fund shall be administered by a board of directors comprised of two chiefs of police who are members of the Police Chiefs' Association, two full-time police officers or deputy sheriffs who are members of a state fraternal order of police, a sheriff, a member of the general assembly from the joint committee on public employee retirement, and a member of the defined contribution system established by this act. The directors of the first board shall be appointed by the Governor, and future directors shall be elected or appointed, in staggered terms, as described in this act. Any person employed on a full-time basis as a marshal, chief of police, police officer of a municipality, or sheriff [...]

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