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SB 1258 Referred

SB 1258 - Current law provides that the normal retirement allowance multiplier for a member of the Public School Retirement System of Missouri is 2.5% of the member's final average salary for each year of the membership service, except if the member has 32 years or more of service, then the multiplier shall be 2.55%. This act provides that for those members with 33 years of service or more the multiplier factor shall be 2.6%. This act is substantially similar to SB 474 (2025) and SCS/SB 877 (2024), a provision in the perfected SS/SB 898 (2024), and in SCS/HCS/HB 2431 (2024) and is similar to SB 556 (2023). KATIE O’BRIEN

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3 actions
  1. Jan 27, 2026 upper
    Second Read and Referred S Local Government, Elections and Pensions Committee
  2. Jan 7, 2026 upper
    S First Read
  3. Dec 1, 2025 upper
    Prefiled
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