Mo. Code Regs. tit. 16 § 10-5.060
Current through Register Vol. 49, No.12, June 17, 2024
Section 16 CSR 10-5.060 - Benefits to AdvisersPURPOSE: This rule sets forth the procedure for payment as an adviser for a retired member who had services in another state teacher retirement system as provided in section 169.585, RSMo.
(1) In those instances when a retired member is receiving retirement benefits from more than one (1) system under Chapter 169, RSMo and is entitled to additional compensation under provisions of section 169.585, RSMo, the retirement system under which the member first retired, or qualified for benefits, should pay the initial compensation for that employment. If the combined retirement allowances and this payment do not total the overall legal maximum of one hundred fifty dollars ($150), the second retirement system will then pay the additional compensation for employment for that system. AUTHORITY: section 169.020, RSMo 1994.* Original rule filed Dec. 19, 1975, effective Jan. 1, 1976. *Original authority: 169.020, RSMo 1945, amended 1951, 1953, 1967, 1973, 1983, 1990.