Section 169.566

Title XI EDUCATION AND LIBRARIES

Chapter 169

Effective - 28 Aug 1998   

  169.566.  School retirement systems to conduct study. — 1.  The public school retirement system of the Kansas City school district, the public school retirement system of the St. Louis City school district, and the public school retirement system shall jointly undertake a feasibility study to include the following issues:

  (1)  Improving portability of benefits between systems;

  (2)  The technical issues involved in portability of benefits between Social Security and nonSocial Security systems;

  (3)  Potential centralized administration of the systems.  

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The overall goal of the study is to suggest means by which portability of retirement benefits may promote teacher recruitment and retention in all school districts.

  2.  The joint committee on public employee retirement shall provide necessary assistance in the coordination of the study.

  3.  The study shall be presented by the joint committee on public employee retirement to the president pro tem of the senate and the speaker of the house of representatives no later than November 1, 1999.

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(L. 1998 S.B. 781 § 2)