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-SECOND REGULAR SESSION
-HOUSE BILL NO. 1655
-103RD GENERAL ASSEMBL Y
-INTRODUCED BY REPRESENT A TIVE STEINMEYER.
-5025H.01I JOSEPH ENGLER, Chief Clerk
-AN ACT
-T o repeal sections 104.200, 104.490, 104.1060, and 104.1092, RSMo, and to enact in lieu
-thereof five new sections relating to public employee retirement benefits.
-Be it enacted by the General Assembly of the state of Missouri, as follows:
-Section A. Sections 104.200, 104.490, 104.1060, and 104.1092, RSMo, are repealed
-2 and five new sections enacted in lieu thereof, to be known as sections 104.200, 104.490,
-3 104.1060, 104.1092, and 105.695, to read as follows:
-104.200. Should any error in any records result in any member or beneficiary
-2 receiving more or less than he or she would have been entitled to receive had the records been
-3 correct, the board shall correct such error , and, as far as practicable, to recover any
-4 overpayments, may accept single sum or installment r epayments or make future
-5 payments in such a manner that the actuarial equivalent of the benefit to which such member
-6 or beneficiary was entitled shall be paid[ , and to this end may recover any overpayments ]. In
-7 all cases in which such error has been made, no such error shall be corrected unless the
-8 system discovers or is notified of such error within ten years after the member's annuity
-9 starting date or the date of error , whichever occurs later . In cases of fraud, any error
-10 discovered shall be corrected without concern for the amount of time that has passed.
-104.490. 1. Should any error result in any member or beneficiary receiving more or
-2 less than he or she would have been entitled to receive had the error not occurred, the board
-3 shall correct such error , and, as far as practicable, to recov er any overpayments, may accept
-4 single sum or installment repay ments or make future payments in such a manner that the
-5 actuarial equivalent of the benefit to which such member or beneficiary was entitled shall be
-6 paid[ , and to this end may recover any overpayments ]. In all cases in which such error has
-EXPLANA TION — Matter enclosed in bold-faced brackets [thus] in the above bill is not enacted and is
-intended to be omitted from the law . Matter in bold-face type in the above bill is proposed language.
-7 been made, no such error shall be corrected unless the system discovers or is notified of such
-8 error within ten years after the member's annuity starting date or the date of error , whichever
-9 occurs later . In cases of fraud, any error discovered shall be corrected without concern to the
-10 amount of time that has passed.
-11 2. A person who knowingly makes a false statement, or falsifies or permits to be
-12 falsified a record of the system, in an attempt to defraud the system is subject to fine or
-13 imprisonment pursuant to the Missouri revised statutes.
-14 3. The board of trustees of the Missouri state employees' retirement system shall
-15 cease paying benefits to any survivor or beneficiary who is char ged with the intentional
-16 killing of a member without legal excuse or justification. A survivor or beneficiary who is
-17 convicted of such char ge shall no longer be entitled to receive benefits. If the survivor or
-18 beneficiary is not convicted of such char ge, the board shall resume payment of benefits and
-19 shall pay the survivor or beneficiary any benefits that were suspended pending resolution of
-20 such char ge.
-104.1060. 1. Should any error result in any person receiving more or less than the
-2 person would have been entitled to receive had the error not occurred, the board shall correct
-3 such error , and, as far as practicable, to recover any overpayments, may accept single sum
-4 or installment repay ments or make future payments in such a manner that the actuarial
-5 equivalent of the annuity to which such person was entitled shall be paid[ , and to this end may
-6 recover any overpayments ]. In all cases in which such error has been made, no such error
-7 shall be corrected unless the system discovers or is notified of such error within ten years after
-8 the member's annuity starting date or the date of error , whichever occurs later . In cases of
-9 fraud, any error discovered shall be corrected without concern to the amount of time that has
-10 passed.
-11 2. A person who knowingly makes a false statement, or falsifies or permits to be
-12 falsified a record of the system, in an attempt to defraud the system shall be subject to fine or
-13 imprisonment under the Missouri revised statutes.
-14 3. A board shall not pay an annuity to any survivor or beneficiary who is char ged with
-15 the intentional killing of a member , retiree or survivor without legal excuse or justification. A
-16 survivor or beneficiary who is convicted of such char ge shall no longer be entitled to receive
-17 an annuity . If the survivor or beneficiary is not convicted of such char ge, the board shall
-18 resume annuity payments and shall pay the survivor or beneficiary any annuity payments that
-19 were suspended pending resolution of such char ge.
-104.1092. 1. In lieu of retirement annuity benefits otherwise payable under the
-2 closed plan or year 2000 plan, any member who has terminated employment, is entitled to a
-3 deferred annuity , and has not yet reached normal retirement age or eligibility may make a
-4 one-time election to receive a lump sum payment equal to a percentage of the present value of
-HB 1655 2
-5 such member's deferred annuity should a board choose to establish such a program by board
-6 rule pursuant to section 104.1063.
-7 2. Any such election under subsection 1 of this section may be made by the member
-8 beginning on [ a date as established by the board under such program but not ] or after [ May
-9 31, 2018. After May 31, 2018, no such election shall be made and retirement annuity benefits
-10 shall only be paid as otherwise provided by law under this chapter ] January 1, 2027 .
-11 3. Any such member making such election under subsection 1 of this section shall
-12 forfeit all such member's creditable or credited service and future rights to receive retirement
-13 annuity benefits from the system under this chapter and shall not be eligible to receive any
-14 long-term disability benefits. If such member subsequently becomes an employee, such
-15 member shall be considered a new employee with no prior credited service and shall be
-16 subject to the provisions of section 104.1091.
-105.695. 1. No contribution or expenditur e of system funds shall be made
-2 dir ectly by any public pension system to advocate, support, or oppose the passage or
-3 defeat of any ballot measur e or the nomination or election of any candidate for public
-4 office. Nor shall any system funds pay any debts or obligations of any committee
-5 supporting or opposing such ballot measur es or candidates.
-6 2. For the purposes of this section, the term "system" shall be defined as any
-7 r etir ement system established by the state of Missouri or any political subdivision or
-8 instrumentality of the state for the purpose of pro viding plan benefits for elected or
-9 appointed public officials or employees of the state of Missouri or any political
-10 subdivision or instrumentality of the state.
-✔
-HB 1655 3
+HB 1655 -- PUBLIC EMPLOYEE RETIREMENT BENEFITS
+SPONSOR: Steinmeyer
+This bill authorizes a methodology for the board of trustees of
+the Missouri State Employees' Retirement System to recover any
+over payments made to a beneficiary in error, either in a single
+sum or in installment repayments. Under current law, the board's
+recovery of the over payments made to a beneficiary is
+permissive.
+The bill reinstates the time period for a member to make an
+election to receive a lump sum payment of the member’s deferred
+annuity in lieu of retirement annuity benefits, under the closed
+plan or year 2000 plan, to on or after January 1, 2027. Under
+current law, the election can be made by the member beginning on
+a date established by the board under such plan, but not after
+May 31, 2018.
+The bill prohibits the contribution or expenditure of system
+funds by any public pension system to advocate, support, or
+oppose the passage or defeat of any ballot measure or the
+nomination or election of any candidate for public office. In
+addition, the system funds cannot be used to pay any debts or
+obligations of any committee supporting or opposing ballot
+measures or candidates. The bill includes a definition for the
+term "system".
+This bill is similar to HCS HB 735 & 686 (2025).