Mo. Code Regs. tit. 16 § 20-2.030

Current through Register Vol. 49, No. 21, November 1, 2024.
Section 16 CSR 20-2.030 - Prior Service Credit

PURPOSE: The purpose of this rule is to establish a guideline relative to the election by an employer to cover a certain percent of prior service.

(1) Once a political subdivision has elected a percentage of prior service credit and has certified its election to the board of trustees, it cannot change the percentage certified.
(2) The percentage of prior service credit so certified by the political subdivision shall be the same for all employees of that political subdivision.

16 CSR 20-2.030

AUTHORITY: section 70.605.21, RSMo 1986.* Original rule filed Dec. 29, 1975, effective Jan. 8, 1976. Amended: Filed Oct. 6, 1983, effective Jan. 11, 1984.

*Original authority: 70.605, RSMo 1967, amended 1974, 1992 and 2000.