SPONSOR: O'Donnell
Beginning on August 28, 2024, in the event that the Board of the Missouri State Employees' Retirement System (MOSERS) certifies a contribution rate that exceeds 28.75%, the Commissioner of the Office of Administration must include in its appropriation request an amount equal to the difference between the certified contribution rate and 28.75% of the compensation of members who are employees of certain state higher education institutions.
This bill is similar to SB 1401 (2024).
Statutes affected: